SAKS INCORPORATED
SKS
SKS was delisted on the 4th of November, 2013.
174 hedge funds and large institutions have $1.37B invested in SAKS INCORPORATED in 2013 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 49 increasing their positions, 50 reducing their positions, and 36 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
50% more call options, than puts
Call options by funds: $43.9M | Put options by funds: $29.2M
50% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 36
16% more capital invested
Capital invested by funds: $1.18B → $1.37B (+$191M)
9% more funds holding
Funds holding: 160 → 174 (+14)
2% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$101M |
| 2 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$59.6M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$45.4M |
| 4 |
JP Morgan Chase
New York
|
+$36.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$180M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$75M |
| 3 |
CANY
Caxton Associates (New York)
New York
|
-$72.4M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$64.9M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$20.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSU
201
Maple Securities USA
Jersey City,
New Jersey
| – | -$183K | -13,435 | Closed |
|
|
WFM
202
Wilmington Funds Management
Wilmington,
Delaware
| – | -$171K | -12,554 | Closed |
|
|
QT
203
Quantbot Technologies
New York
| – | -$159K | -11,700 | Closed |
|
204
Verition Fund Management
Greenwich,
Connecticut
| – | -$139K | -10,183 | Closed |
|
|
STC
205
SEI Trust Company
Oaks,
Pennsylvania
| – | -$96K | -7,040 | Closed |
|
|
PG
206
PEAK6 Group
Chicago,
Illinois
| – | -$97.8K | -6,283 | Closed |
|
207
Bessemer Group
Woodbridge,
New Jersey
| – | -$27K | -2,000 | Closed |
|
|
HF
208
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$6K | -446 | Closed |
|
209
Walleye Trading
New York
| – | +$62 | +4 | New |
|
|
S
210
SignatureFD
Atlanta,
Georgia
| – | +$249 | +16 | New |
|
SKS Hedge Fund Activity: Q3 2013 in Review
174 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in SAKS INCORPORATED (SKS) for Q3 2013, worth a combined $1.37B — up 16% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new SKS positions and 36 closed out — a net gain of 18 holders — while 49 added to existing stakes and 50 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $101M. The largest seller was Southeastern Asset Management, exiting entirely with an estimated $180M sold.
- 174 institutional investors held SAKS INCORPORATED (SKS) as of Q3 2013, up from 160 in Q2 2013.
- Funds reported $1.37B of SAKS INCORPORATED stock for Q3 2013, up 16% quarter-over-quarter.
- 54 funds opened new SAKS INCORPORATED positions in Q3 2013 and 36 closed out, a net change of +18 holders.
- The largest SAKS INCORPORATED buyer in Q3 2013 was Water Island Capital, an estimated $101M added.
- The largest SAKS INCORPORATED seller in Q3 2013 was Southeastern Asset Management, an estimated $180M sold.
Based on aggregated 13F filings for Q3 2013.