SITE Centers
SITC
236 hedge funds and large institutions have $5.93B invested in SITE Centers in 2016 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 96 increasing their positions, 77 reducing their positions, and 20 closing their positions.
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
25% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 77
6% more capital invested
Capital invested by funds: $5.58B → $5.93B (+$347M)
2% more funds holding
Funds holding: 231 → 236 (+5)
0.2% less ownership
Funds ownership: 70.99% → 70.79% (-0.2%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$90.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$64.5M |
| 3 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
+$62.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.2M |
| 5 |
JP Morgan Chase
New York
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$167M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$43.7M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$31.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$28.6M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$19.6M |
SITC Hedge Fund Activity: Q1 2016 in Review
236 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q1 2016, worth a combined $5.93B — up 6.2% from $5.58B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SITC positions and 20 closed out — a net gain of 6 holders — while 96 added to existing stakes and 77 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $90.9M. The largest seller was Cohen & Steers, cutting an estimated $167M.
- 236 institutional investors held SITE Centers (SITC) as of Q1 2016, up from 231 in Q4 2015.
- Funds reported $5.93B of SITE Centers stock for Q1 2016, up 6.2% quarter-over-quarter.
- 26 funds opened new SITE Centers positions in Q1 2016 and 20 closed out, a net change of +6 holders.
- The largest SITE Centers buyer in Q1 2016 was Goldman Sachs, an estimated $90.9M added.
- The largest SITE Centers seller in Q1 2016 was Cohen & Steers, an estimated $167M sold.
Based on aggregated 13F filings for Q1 2016.