Tanger
273 hedge funds and large institutions have $2.29B invested in Tanger in 2018 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 92 increasing their positions, 97 reducing their positions, and 47 closing their positions.
8% more capital invested
Capital invested by funds: $2.12B → $2.29B (+$173M)
1.52% more ownership
Funds ownership: 101.76% → 103.29% (+1.5%)
5% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 97
6% less funds holding
Funds holding: 291 → 273 (-18)
38% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 47
76% less call options, than puts
Call options by funds: $15.7M | Put options by funds: $65.7M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$57.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$43.2M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$14.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$7.95M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
+$7.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$32.8M |
| 2 |
FIM
Foresters Investment Management
New York
|
-$15M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$12.9M |
| 4 |
Man Group
London,
United Kingdom
|
-$9.89M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.86M |
SKT Hedge Fund Activity: Q2 2018 in Review
273 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q2 2018, worth a combined $2.29B — up 8.2% from $2.12B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of SKT and 29 opened new positions — a net loss of 18 holders — while 97 trimmed existing stakes and 92 added.
The largest buyer was BlackRock, adding an estimated $57.4M. The largest seller was Millennium Management, cutting an estimated $32.8M.
- 273 institutional investors held Tanger (SKT) as of Q2 2018, down from 291 in Q1 2018.
- Funds reported $2.29B of Tanger stock for Q2 2018, up 8.2% quarter-over-quarter.
- 29 funds opened new Tanger positions in Q2 2018 and 47 closed out, a net change of -18 holders.
- The largest Tanger buyer in Q2 2018 was BlackRock, an estimated $57.4M added.
- The largest Tanger seller in Q2 2018 was Millennium Management, an estimated $32.8M sold.
Based on aggregated 13F filings for Q2 2018.