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SITE Centers

208 hedge funds and large institutions have $1.65B invested in SITE Centers in 2018 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 52 increasing their positions, 70 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

170% more call options, than puts

Call options by funds: $2.31M | Put options by funds: $856K

32% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 41

7% more funds holding

Funds holding: 195208 (+13)

2.07% more ownership

Funds ownership: 101.36%103.43% (+2.1%)

16% less capital invested

Capital invested by funds: $1.96B → $1.65B (-$306M)

26% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 70

Holders
208
Holders Change
+13
Holders Change %
+6.67%
% of All Funds
4.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
54
Increased
52
Reduced
70
Closed
41
Calls
$2.31M
Puts
$856K
Net Calls
+$1.46M
Net Calls Change
+$1.49M
Name Holding Trade Value Shares
Change
Change in
Stake
Cohen & Steers
1
Cohen & Steers
New York
$335M -$418K -44,503 -0.1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$235M -$260K -27,632 -0.1%
Daiwa Securities Group
3
Daiwa Securities Group
Japan
$138M +$150M +16,021,815 New
BlackRock
4
BlackRock
New York
$130M +$1.86M +197,562 +1%
Goldman Sachs
5
Goldman Sachs
New York
$86.4M +$900K +95,870 +1%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$63.8M +$7.32M +779,886 +12%
LSV Asset Management
7
LSV Asset Management
Illinois
$57.6M +$2.71M +288,217 +5%
State Street
8
State Street
Massachusetts
$47.2M -$44.7K -4,763 -0.1%
Victory Capital Management
9
Victory Capital Management
Texas
$39.4M -$2.41M -256,902 -5%
CGM
10
Capital Growth Management
Massachusetts
$36.4M +$4.82M +512,700 +14%
FCM
11
Frontier Capital Management
Massachusetts
$27.5M +$30M +3,189,476 New
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$27M -$965K -102,778 -3%
Charles Schwab
13
Charles Schwab
California
$25.2M -$116K -12,364 -0.4%
Millennium Management
14
Millennium Management
New York
$25M +$350K +37,241 +1%
Balyasny Asset Management
15
Balyasny Asset Management
Illinois
$22.4M -$3.02M -321,882 -11%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$20.7M +$1.07M +114,107 +5%
Northern Trust
17
Northern Trust
Illinois
$18.9M +$12.5M +1,332,924 +156%
HRES
18
Heitman Real Estate Securities
Illinois
$18.1M +$4.37M +464,942 +29%
Norges Bank
19
Norges Bank
Norway
$14.8M +$12.4M +1,319,824 +332%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$13.7M -$6.89M -733,952 -32%
N
21
Nuveen
North Carolina
$13.6M -$547K -58,208 -4%
Prudential Financial
22
Prudential Financial
New Jersey
$13.4M -$378K -40,267 -3%
Russell Investments Group
23
Russell Investments Group
United Kingdom
$12.1M -$694K -73,917 -5%
Ameriprise
24
Ameriprise
Minnesota
$9.31M +$3.16M +336,376 +45%
SEI Investments
25
SEI Investments
Pennsylvania
$9.21M -$1.5M -160,200 -15%

SITC Hedge Fund Activity: Q4 2018 in Review

208 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q4 2018, worth a combined $1.65B — down 16% from $1.96B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new SITC positions and 41 closed out — a net gain of 13 holders — while 52 added to existing stakes and 70 trimmed.

The largest buyer was Daiwa Securities Group, opening a new position worth an estimated $150M. The largest seller was Brookfield Corp, exiting entirely with an estimated $91.8M sold.

  • 208 institutional investors held SITE Centers (SITC) as of Q4 2018, up from 195 in Q3 2018.
  • Funds reported $1.65B of SITE Centers stock for Q4 2018, down 16% quarter-over-quarter.
  • 54 funds opened new SITE Centers positions in Q4 2018 and 41 closed out, a net change of +13 holders.
  • The largest SITE Centers buyer in Q4 2018 was Daiwa Securities Group, an estimated $150M added.
  • The largest SITE Centers seller in Q4 2018 was Brookfield Corp, an estimated $91.8M sold.

Based on aggregated 13F filings for Q4 2018.