SITE Centers
SITC
256 hedge funds and large institutions have $4.81B invested in SITE Centers in 2016 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 102 increasing their positions, 82 reducing their positions, and 31 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
29% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 31
24% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 82
2% more funds holding
Funds holding: 251 → 256 (+5)
3.52% less ownership
Funds ownership: 70.22% → 66.69% (-3.5%)
16% less capital invested
Capital invested by funds: $5.75B → $4.81B (-$940M)
39% less call options, than puts
Call options by funds: $2.13M | Put options by funds: $3.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
+$70.2M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$45.9M |
| 3 |
Bank of New York Mellon
New York
|
+$43M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$41.5M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$41.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$79.9M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$75.5M |
| 3 |
JP Morgan Chase
New York
|
-$47M |
| 4 |
Morgan Stanley
New York
|
-$42M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.3M |
SITC Hedge Fund Activity: Q4 2016 in Review
256 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q4 2016, worth a combined $4.81B — down 16% from $5.75B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SITC positions and 31 closed out — a net gain of 9 holders — while 102 added to existing stakes and 82 trimmed.
The largest buyer was Security Capital Research & Management, adding an estimated $70.2M. The largest seller was Deutsche Bank, cutting an estimated $79.9M.
- 256 institutional investors held SITE Centers (SITC) as of Q4 2016, up from 251 in Q3 2016.
- Funds reported $4.81B of SITE Centers stock for Q4 2016, down 16% quarter-over-quarter.
- 40 funds opened new SITE Centers positions in Q4 2016 and 31 closed out, a net change of +9 holders.
- The largest SITE Centers buyer in Q4 2016 was Security Capital Research & Management, an estimated $70.2M added.
- The largest SITE Centers seller in Q4 2016 was Deutsche Bank, an estimated $79.9M sold.
Based on aggregated 13F filings for Q4 2016.