Tanger
277 hedge funds and large institutions have $1.53B invested in Tanger in 2019 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 91 increasing their positions, 98 reducing their positions, and 41 closing their positions.
3.31% more ownership
Funds ownership: 108.25% → 111.56% (+3.3%)
5% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 41
3% less capital invested
Capital invested by funds: $1.57B → $1.53B (-$41.7M)
7% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 98
1% less funds holding
Funds holding: 281 → 277 (-4)
75% less call options, than puts
Call options by funds: $30.3M | Put options by funds: $119M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$33.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$11.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$10.8M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$7.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$13.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$12.4M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$11.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.07M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$5.89M |
SKT Hedge Fund Activity: Q4 2019 in Review
277 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q4 2019, worth a combined $1.53B — down 2.7% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SKT positions and 41 closed out — a net gain of 2 holders — while 91 added to existing stakes and 98 trimmed.
The largest buyer was State Street, adding an estimated $33.6M. The largest seller was Citadel Advisors, cutting an estimated $13.8M.
- 277 institutional investors held Tanger (SKT) as of Q4 2019, down from 281 in Q3 2019.
- Funds reported $1.53B of Tanger stock for Q4 2019, down 2.7% quarter-over-quarter.
- 43 funds opened new Tanger positions in Q4 2019 and 41 closed out, a net change of +2 holders.
- The largest Tanger buyer in Q4 2019 was State Street, an estimated $33.6M added.
- The largest Tanger seller in Q4 2019 was Citadel Advisors, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2019.