SITE Centers
SITC
222 hedge funds and large institutions have $2.75B invested in SITE Centers in 2024 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 64 increasing their positions, 94 reducing their positions, and 30 closing their positions.
19% more call options, than puts
Call options by funds: $50K | Put options by funds: $42K
7% more capital invested
Capital invested by funds: $2.56B → $2.75B (+$188M)
0.02% more ownership
Funds ownership: 114.73% → 114.75% (+0.02%)
4% less funds holding
Funds holding: 232 → 222 (-10)
27% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 30
32% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$64.3M |
| 2 |
RIM
Rush Island Management
New York
|
+$42.4M |
| 3 |
WCP
Waterfront Capital Partners
New York
|
+$38.5M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$21.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$55M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$37.8M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$19.7M |
| 4 |
Morgan Stanley
New York
|
-$16.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$14.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIFH
251
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$22K | -2,006 | Closed |
|
252
Robeco Institutional Asset Management
Rotterdam,
Netherlands
| – | -$18.7K | -1,756 | Closed |
|
|
RFG
253
RFP Financial Group
Atlanta,
Georgia
| – | -$722 | -68 | Closed |
|
SITC Hedge Fund Activity: Q1 2024 in Review
222 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q1 2024, worth a combined $2.75B — up 7.3% from $2.56B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of SITC and 22 opened new positions — a net loss of 8 holders — while 94 trimmed existing stakes and 64 added.
The largest buyer was Long Pond Capital, adding an estimated $64.3M. The largest seller was Janus Henderson Group, cutting an estimated $55M.
- 222 institutional investors held SITE Centers (SITC) as of Q1 2024, down from 232 in Q4 2023.
- Funds reported $2.75B of SITE Centers stock for Q1 2024, up 7.3% quarter-over-quarter.
- 22 funds opened new SITE Centers positions in Q1 2024 and 30 closed out, a net change of -8 holders.
- The largest SITE Centers buyer in Q1 2024 was Long Pond Capital, an estimated $64.3M added.
- The largest SITE Centers seller in Q1 2024 was Janus Henderson Group, an estimated $55M sold.
Based on aggregated 13F filings for Q1 2024.