SITE Centers
SITC
263 hedge funds and large institutions have $3.82B invested in SITE Centers in 2017 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 89 increasing their positions, 91 reducing their positions, and 32 closing their positions.
174% more call options, than puts
Call options by funds: $8.67M | Put options by funds: $3.17M
53% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 32
3% more funds holding
Funds holding: 256 → 263 (+7)
2% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 91
2.22% less ownership
Funds ownership: 66.69% → 64.48% (-2.2%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
21% less capital invested
Capital invested by funds: $4.81B → $3.82B (-$990M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$289M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$81.6M |
| 3 |
Goldman Sachs
New York
|
+$62.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$40.7M |
| 5 |
Millennium Management
New York
|
+$35.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$336M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$168M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$77.1M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$38.3M |
| 5 |
Bank of New York Mellon
New York
|
-$24.3M |
SITC Hedge Fund Activity: Q1 2017 in Review
263 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q1 2017, worth a combined $3.82B — down 21% from $4.81B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new SITC positions and 32 closed out — a net gain of 17 holders — while 89 added to existing stakes and 91 trimmed.
The largest buyer was BlackRock, adding an estimated $289M. The largest seller was Cohen & Steers, cutting an estimated $336M.
- 263 institutional investors held SITE Centers (SITC) as of Q1 2017, up from 256 in Q4 2016.
- Funds reported $3.82B of SITE Centers stock for Q1 2017, down 21% quarter-over-quarter.
- 49 funds opened new SITE Centers positions in Q1 2017 and 32 closed out, a net change of +17 holders.
- The largest SITE Centers buyer in Q1 2017 was BlackRock, an estimated $289M added.
- The largest SITE Centers seller in Q1 2017 was Cohen & Steers, an estimated $336M sold.
Based on aggregated 13F filings for Q1 2017.