Tanger
260 hedge funds and large institutions have $3.13B invested in Tanger in 2014 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 99 increasing their positions, 82 reducing their positions, and 23 closing their positions.
241% more call options, than puts
Call options by funds: $126K | Put options by funds: $37K
117% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 23
21% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 82
11% more capital invested
Capital invested by funds: $2.82B → $3.13B (+$318M)
10% more funds holding
Funds holding: 236 → 260 (+24)
0.92% less ownership
Funds ownership: 89.36% → 88.44% (-0.92%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$32.1M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$20.3M |
| 3 |
Renaissance Technologies
New York
|
+$13.5M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$13M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$40M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$20.9M |
| 3 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$17.2M |
| 4 |
TAM
Third Avenue Management
New York
|
-$14.8M |
| 5 |
Bank of New York Mellon
New York
|
-$14.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PRCM
276
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$437K | -13,361 | Closed |
|
|
DTL
277
Dynamic Technology Lab
Singapore
| – | -$402K | -12,285 | Closed |
|
|
CG
278
Clinton Group
New York
| – | -$349K | -10,672 | Closed |
|
|
CSS
279
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$344K | -10,521 | Closed |
|
|
CIM
280
CIM Investment Management
Pittsburgh,
Pennsylvania
| – | -$287K | -8,782 | Closed |
|
281
CIBC Asset Management
Toronto,
Ontario, Canada
| – | -$231K | -7,052 | Closed |
|
|
FAM
282
Fred Alger Management
New York
| – | -$119K | -3,635 | Closed |
|
|
CGT
283
Capital Guardian Trust
Los Angeles,
California
| – | -$3K | -95 | Closed |
|
|
W
284
Wealthfront
Palo Alto,
California
| – | +$36 | +1 | New |
|
SKT Hedge Fund Activity: Q4 2014 in Review
260 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q4 2014, worth a combined $3.13B — up 11% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new SKT positions and 23 closed out — a net gain of 27 holders — while 99 added to existing stakes and 82 trimmed.
The largest buyer was Boston Trust Walden, opening a new position worth an estimated $32.1M. The largest seller was Millennium Management, cutting an estimated $40M.
- 260 institutional investors held Tanger (SKT) as of Q4 2014, up from 236 in Q3 2014.
- Funds reported $3.13B of Tanger stock for Q4 2014, up 11% quarter-over-quarter.
- 50 funds opened new Tanger positions in Q4 2014 and 23 closed out, a net change of +27 holders.
- The largest Tanger buyer in Q4 2014 was Boston Trust Walden, an estimated $32.1M added.
- The largest Tanger seller in Q4 2014 was Millennium Management, an estimated $40M sold.
Based on aggregated 13F filings for Q4 2014.