We are live on ! Find out more
SKT icon

Tanger
SKT

270 hedge funds and large institutions have $2.38B invested in Tanger in 2017 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 119 increasing their positions, 82 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 82

32% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 38

3% more funds holding

Funds holding: 261 → 270 (+9)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.95% less ownership

Funds ownership: 95.81% → 94.86% (-0.95%)

21% less capital invested

Capital invested by funds: $3.02B → $2.38B (-$645M)

88% less call options, than puts

Call options by funds: $1.51M | Put options by funds: $12.3M

Holders
270
Holders Change
+9
Holders Change %
+3.45%
% of All Funds
6.73%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
50
Increased
119
Reduced
82
Closed
38
Calls
$1.51M
Puts
$12.3M
Net Calls
-$10.8M
Net Calls Change
+$4.39M

Top Buyers

1
Principal Financial Group
Principal Financial Group
Iowa
+$74.7M
2
Millennium Management
Millennium Management
New York
+$65.1M
3
VFA
Virtus Fund Advisers
Connecticut
+$55.8M
4
State Street
State Street
Massachusetts
+$32.4M
5
Barclays
Barclays
United Kingdom
+$17.1M

Top Sellers

1
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
-$91.6M
2
Cohen & Steers
Cohen & Steers
New York
-$84.6M
3
Morgan Stanley
Morgan Stanley
New York
-$64.7M
4
CIC
Crawford Investment Counsel
Georgia
-$32.6M
5
Renaissance Technologies
Renaissance Technologies
New York
-$27M
Name Holding Trade Value Shares
Change 		Change in
Stake
CBOA
276
Commonwealth Bank of Australia
Australia
– -$25.9M -789,968 Closed
Fidelity Investments
277
Fidelity Investments
Massachusetts
– -$25M -763,200 Closed
CCM
278
Copeland Capital Management
Pennsylvania
– -$18.3M -550,150 Closed
Robeco Institutional Asset Management
279
Robeco Institutional Asset Management
Netherlands
– -$4.92M -150,000 Closed
B
280
Barings
North Carolina
– -$3.86M -117,725 Closed
MNA
281
Manning & Napier Advisors
New York
– -$3.74M -114,065 Closed
NPC
282
National Planning Corporation
California
– -$1.47M -44,758 Closed
SB
283
Suntrust Banks
Georgia
– -$1.32M -40,333 Closed
WHG
284
Westwood Holdings Group
Texas
– -$1.24M -37,891 Closed
TAM
285
Third Avenue Management
New York
– -$1.22M -37,119 Closed
TAM
286
Trillium Asset Management
Massachusetts
– -$1.2M -36,723 Closed
VKH
287
Virtu KCG Holdings
New York
– -$712K -21,719 Closed
SGI
288
Summit Global Investments
Utah
– -$440K -13,430 Closed
Allianz Asset Management
289
Allianz Asset Management
Germany
– -$299K -9,131 Closed
M&T Bank
290
M&T Bank
New York
– -$299K -9,110 Closed
Neuberger Berman Group
291
Neuberger Berman Group
New York
– -$284K -8,665 Closed
PAM
292
Princeton Alpha Management
New Jersey
– -$280K -8,551 Closed
Jane Street
293
Jane Street
New York
– -$272K -8,311 Closed
SCM
294
Shelton Capital Management
Colorado
– -$237K -7,221 Closed
CCM
295
Cadence Capital Management
Massachusetts
– -$227K -6,912 Closed
WAM
296
World Asset Management
Michigan
– -$217K -6,624 Closed
PL
297
Parkwood LLC
Ohio
– -$211K -6,441 Closed
FMA
298
FNY Managed Accounts
New York
– -$47K -1,440 Closed
RS
299
Robeco Schweiz
Switzerland
– -$46K -1,400 Closed
FPS
300
Fieldpoint Private Securities
Connecticut
– -$31K -950 Closed
9 10 11
12
13

SKT Hedge Fund Activity: Q2 2017 in Review

270 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q2 2017, worth a combined $2.38B — down 21% from $3.02B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new SKT positions and 38 closed out — a net gain of 12 holders — while 119 added to existing stakes and 82 trimmed.

The largest buyer was Principal Financial Group, adding an estimated $74.7M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $91.6M sold.

  • 270 institutional investors held Tanger (SKT) as of Q2 2017, up from 261 in Q1 2017.
  • Funds reported $2.38B of Tanger stock for Q2 2017, down 21% quarter-over-quarter.
  • 50 funds opened new Tanger positions in Q2 2017 and 38 closed out, a net change of +12 holders.
  • The largest Tanger buyer in Q2 2017 was Principal Financial Group, an estimated $74.7M added.
  • The largest Tanger seller in Q2 2017 was Massachusetts Financial Services, an estimated $91.6M sold.

Based on aggregated 13F filings for Q2 2017.