SITE Centers
SITC
230 hedge funds and large institutions have $2.57B invested in SITE Centers in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 111 reducing their positions, and 27 closing their positions.
191% more call options, than puts
Call options by funds: $332K | Put options by funds: $114K
11% more capital invested
Capital invested by funds: $2.32B → $2.57B (+$251M)
4% more ownership
Funds ownership: 115.01% → 119.01% (+4%)
2% less funds holding
Funds holding: 235 → 230 (-5)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
46% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 111
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$86.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$56.4M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$37.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$14.4M |
| 5 |
BlackRock
New York
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$32.8M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$21.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.5M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12.4M |
| 5 |
CCM
Cinctive Capital Management
New York
|
-$11.9M |
SITC Hedge Fund Activity: Q2 2023 in Review
230 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q2 2023, worth a combined $2.57B — up 11% from $2.32B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of SITC and 23 opened new positions — a net loss of 4 holders — while 111 trimmed existing stakes and 60 added.
The largest buyer was JP Morgan Chase, adding an estimated $86.4M. The largest seller was Cohen & Steers, cutting an estimated $32.8M.
- 230 institutional investors held SITE Centers (SITC) as of Q2 2023, down from 235 in Q1 2023.
- Funds reported $2.57B of SITE Centers stock for Q2 2023, up 11% quarter-over-quarter.
- 23 funds opened new SITE Centers positions in Q2 2023 and 27 closed out, a net change of -4 holders.
- The largest SITE Centers buyer in Q2 2023 was JP Morgan Chase, an estimated $86.4M added.
- The largest SITE Centers seller in Q2 2023 was Cohen & Steers, an estimated $32.8M sold.
Based on aggregated 13F filings for Q2 2023.