SITE Centers
SITC
207 hedge funds and large institutions have $1.14B invested in SITE Centers in 2020 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 81 increasing their positions, 64 reducing their positions, and 30 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 64
3% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 30
0% more funds holding
Funds holding: 207 → 207 (0)
8.88% less ownership
Funds ownership: 113.95% → 105.07% (-8.9%)
15% less call options, than puts
Call options by funds: $517K | Put options by funds: $607K
16% less capital invested
Capital invested by funds: $1.36B → $1.14B (-$219M)
Top Buyers
| 1 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$18.1M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$16.1M |
| 3 |
JP Morgan Chase
New York
|
+$14.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.68M |
Top Sellers
| 1 |
Cohen & Steers
New York
|
-$38.3M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$30.4M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$12.6M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$12.2M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$9.85M |
SITC Hedge Fund Activity: Q3 2020 in Review
207 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q3 2020, worth a combined $1.14B — down 16% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SITC positions and 30 closed out — a net gain of 1 holder — while 81 added to existing stakes and 64 trimmed.
The largest buyer was Heitman Real Estate Securities, adding an estimated $18.1M. The largest seller was Cohen & Steers, cutting an estimated $38.3M.
- 207 institutional investors held SITE Centers (SITC) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $1.14B of SITE Centers stock for Q3 2020, down 16% quarter-over-quarter.
- 31 funds opened new SITE Centers positions in Q3 2020 and 30 closed out, a net change of +1 holder.
- The largest SITE Centers buyer in Q3 2020 was Heitman Real Estate Securities, an estimated $18.1M added.
- The largest SITE Centers seller in Q3 2020 was Cohen & Steers, an estimated $38.3M sold.
Based on aggregated 13F filings for Q3 2020.