SITE Centers
SITC
239 hedge funds and large institutions have $6.92B invested in SITE Centers in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 102 increasing their positions, 78 reducing their positions, and 24 closing their positions.
5,790% more call options, than puts
Call options by funds: $2.89M | Put options by funds: $49K
31% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 78
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
1% more capital invested
Capital invested by funds: $6.85B → $6.92B (+$68.5M)
1% more funds holding
Funds holding: 237 → 239 (+2)
9.43% less ownership
Funds ownership: 82.33% → 72.9% (-9.4%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$50.4M |
| 2 |
Goldman Sachs
New York
|
+$48.8M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$43.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$31M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$249M |
| 2 |
Cohen & Steers
New York
|
-$58.6M |
| 3 |
ECM
EII Capital Management
New York
|
-$44.9M |
| 4 |
O
OppenheimerFunds
New York
|
-$38.4M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$35.1M |
SITC Hedge Fund Activity: Q4 2013 in Review
239 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q4 2013, worth a combined $6.92B — up 1% from $6.85B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SITC positions and 24 closed out — a net gain of 2 holders — while 102 added to existing stakes and 78 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $50.4M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $249M.
- 239 institutional investors held SITE Centers (SITC) as of Q4 2013, up from 237 in Q3 2013.
- Funds reported $6.92B of SITE Centers stock for Q4 2013, up 1% quarter-over-quarter.
- 26 funds opened new SITE Centers positions in Q4 2013 and 24 closed out, a net change of +2 holders.
- The largest SITE Centers buyer in Q4 2013 was AllianceBernstein, an estimated $50.4M added.
- The largest SITE Centers seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $249M sold.
Based on aggregated 13F filings for Q4 2013.