Tanger
292 hedge funds and large institutions have $2.74B invested in Tanger in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 116 increasing their positions, 98 reducing their positions, and 38 closing their positions.
52% more call options, than puts
Call options by funds: $37.1M | Put options by funds: $24.3M
18% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 98
4% more capital invested
Capital invested by funds: $2.62B → $2.74B (+$115M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 302 → 292 (-10)
4.72% less ownership
Funds ownership: 89.77% → 85.05% (-4.7%)
21% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$13.4M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$10.7M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$9.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$55.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$26.2M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$13.2M |
| 4 |
State Street
Boston,
Massachusetts
|
-$10.7M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$6.52M |
SKT Hedge Fund Activity: Q1 2024 in Review
292 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q1 2024, worth a combined $2.74B — up 4.4% from $2.62B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of SKT and 30 opened new positions — a net loss of 8 holders — while 98 trimmed existing stakes and 116 added.
The largest buyer was Fidelity Investments, adding an estimated $19.1M. The largest seller was Morgan Stanley, cutting an estimated $55.7M.
- 292 institutional investors held Tanger (SKT) as of Q1 2024, down from 302 in Q4 2023.
- Funds reported $2.74B of Tanger stock for Q1 2024, up 4.4% quarter-over-quarter.
- 30 funds opened new Tanger positions in Q1 2024 and 38 closed out, a net change of -8 holders.
- The largest Tanger buyer in Q1 2024 was Fidelity Investments, an estimated $19.1M added.
- The largest Tanger seller in Q1 2024 was Morgan Stanley, an estimated $55.7M sold.
Based on aggregated 13F filings for Q1 2024.