SITE Centers
SITC
255 hedge funds and large institutions have $2.69B invested in SITE Centers in 2017 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 103 increasing their positions, 77 reducing their positions, and 49 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 77
2.31% less ownership
Funds ownership: 83.08% → 80.77% (-2.3%)
3% less funds holding
Funds holding: 263 → 255 (-8)
14% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 49
17% less capital inflows, than outflows
Capital inflows: $566M | Capital outflows: $684M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
75% less call options, than puts
Call options by funds: $1.39M | Put options by funds: $5.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$63M |
| 2 |
Brookfield Corp
Toronto,
Ontario, Canada
|
+$62.7M |
| 3 |
Eaton Vance Management
Boston,
Massachusetts
|
+$45.2M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$42.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$41.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$154M |
| 2 |
Cohen & Steers
New York
|
-$85.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$85.6M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$48.8M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
-$47.1M |
SITC Hedge Fund Activity: Q2 2017 in Review
255 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q2 2017, worth a combined $2.69B — down 30% from $3.82B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of SITC and 42 opened new positions — a net loss of 7 holders — while 77 trimmed existing stakes and 103 added.
The largest buyer was Goldman Sachs, adding an estimated $63M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $154M.
- 255 institutional investors held SITE Centers (SITC) as of Q2 2017, down from 263 in Q1 2017.
- Funds reported $2.69B of SITE Centers stock for Q2 2017, down 30% quarter-over-quarter.
- 42 funds opened new SITE Centers positions in Q2 2017 and 49 closed out, a net change of -7 holders.
- The largest SITE Centers buyer in Q2 2017 was Goldman Sachs, an estimated $63M added.
- The largest SITE Centers seller in Q2 2017 was CBRE Investment Management Listed Real Assets, an estimated $154M sold.
Based on aggregated 13F filings for Q2 2017.