SITE Centers
SITC
261 hedge funds and large institutions have $6B invested in SITE Centers in 2016 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 98 increasing their positions, 78 reducing their positions, and 12 closing their positions.
225% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 12
26% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 78
11% more funds holding
Funds holding: 236 → 261 (+25)
1% more capital invested
Capital invested by funds: $5.93B → $6B (+$74.3M)
0% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $1.02M
0.54% less ownership
Funds ownership: 70.79% → 70.26% (-0.54%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$125M |
| 2 |
Millennium Management
New York
|
+$38.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$30.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$28.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$253M |
| 2 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
-$67.5M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$34.8M |
| 4 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$22.3M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$20.7M |
SITC Hedge Fund Activity: Q2 2016 in Review
261 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q2 2016, worth a combined $6B — up 1.3% from $5.93B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new SITC positions and 12 closed out — a net gain of 27 holders — while 98 added to existing stakes and 78 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $125M. The largest seller was Cohen & Steers, cutting an estimated $253M.
- 261 institutional investors held SITE Centers (SITC) as of Q2 2016, up from 236 in Q1 2016.
- Funds reported $6B of SITE Centers stock for Q2 2016, up 1.3% quarter-over-quarter.
- 39 funds opened new SITE Centers positions in Q2 2016 and 12 closed out, a net change of +27 holders.
- The largest SITE Centers buyer in Q2 2016 was Deutsche Bank, an estimated $125M added.
- The largest SITE Centers seller in Q2 2016 was Cohen & Steers, an estimated $253M sold.
Based on aggregated 13F filings for Q2 2016.