SITE Centers
SITC
266 hedge funds and large institutions have $2.72B invested in SITE Centers in 2017 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 90 increasing their positions, 93 reducing their positions, and 28 closing their positions.
46% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 28
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4% more funds holding
Funds holding: 255 → 266 (+11)
1% more capital invested
Capital invested by funds: $2.69B → $2.72B (+$27M)
0.11% less ownership
Funds ownership: 62.69% → 62.58% (-0.11%)
3% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 93
70% less call options, than puts
Call options by funds: $1.05M | Put options by funds: $3.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$50.3M |
| 2 |
KSCM
King Street Capital Management
New York
|
+$47.6M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$33.7M |
| 4 |
NMVA
New Mountain Vantage Advisers
New York
|
+$33M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$67.4M |
| 2 |
Two Sigma Investments
New York
|
-$53.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$36.9M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$35M |
| 5 |
Two Sigma Advisers
New York
|
-$17.1M |
SITC Hedge Fund Activity: Q3 2017 in Review
266 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q3 2017, worth a combined $2.72B — up 1% from $2.69B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SITC positions and 28 closed out — a net gain of 13 holders — while 90 added to existing stakes and 93 trimmed.
The largest buyer was Capital Growth Management, opening a new position worth an estimated $50.3M. The largest seller was Citadel Advisors, cutting an estimated $67.4M.
- 266 institutional investors held SITE Centers (SITC) as of Q3 2017, up from 255 in Q2 2017.
- Funds reported $2.72B of SITE Centers stock for Q3 2017, up 1% quarter-over-quarter.
- 41 funds opened new SITE Centers positions in Q3 2017 and 28 closed out, a net change of +13 holders.
- The largest SITE Centers buyer in Q3 2017 was Capital Growth Management, an estimated $50.3M added.
- The largest SITE Centers seller in Q3 2017 was Citadel Advisors, an estimated $67.4M sold.
Based on aggregated 13F filings for Q3 2017.