SITE Centers
SITC
238 hedge funds and large institutions have $6.28B invested in SITE Centers in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 96 increasing their positions, 84 reducing their positions, and 20 closing their positions.
843% more call options, than puts
Call options by funds: $2.08M | Put options by funds: $221K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 84
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
0% less funds holding
Funds holding: 239 → 238 (-1)
1.25% less ownership
Funds ownership: 72.9% → 71.65% (-1.2%)
9% less capital invested
Capital invested by funds: $6.92B → $6.28B (-$642M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$132M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$127M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$57.7M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$40.2M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$36.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$129M |
| 2 |
ECM
EII Capital Management
New York
|
-$80M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$56M |
| 4 |
Morgan Stanley
New York
|
-$30.1M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$20.8M |
SITC Hedge Fund Activity: Q1 2014 in Review
238 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q1 2014, worth a combined $6.28B — down 9.3% from $6.92B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SITC positions and 20 closed out — a net gain of 2 holders — while 96 added to existing stakes and 84 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $132M. The largest seller was Cohen & Steers, cutting an estimated $129M.
- 238 institutional investors held SITE Centers (SITC) as of Q1 2014, down from 239 in Q4 2013.
- Funds reported $6.28B of SITE Centers stock for Q1 2014, down 9.3% quarter-over-quarter.
- 22 funds opened new SITE Centers positions in Q1 2014 and 20 closed out, a net change of +2 holders.
- The largest SITE Centers buyer in Q1 2014 was JP Morgan Chase, an estimated $132M added.
- The largest SITE Centers seller in Q1 2014 was Cohen & Steers, an estimated $129M sold.
Based on aggregated 13F filings for Q1 2014.