Tanger
SKT
286 hedge funds and large institutions have $2.81B invested in Tanger in 2015 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 119 increasing their positions, 73 reducing their positions, and 18 closing their positions.
1,380% more call options, than puts
Call options by funds: $370K | Put options by funds: $25K
183% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 18
63% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 73
12% more funds holding
Funds holding: 256 → 286 (+30)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.96% less ownership
Funds ownership: 92.11% → 91.15% (-0.96%)
2% less capital invested
Capital invested by funds: $2.87B → $2.81B (-$56.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$57.2M |
| 2 |
FIM
Foresters Investment Management
New York
|
+$43.2M |
| 3 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
+$39.4M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$20.4M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
APG Asset Management US
New York
|
-$183M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$130M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$57.4M |
| 4 |
State Street
Boston,
Massachusetts
|
-$18M |
| 5 |
O
OppenheimerFunds
New York
|
-$12.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
W
301
Wealthfront
Palo Alto,
California
| – | -$24K | -714 | Closed |
|
302
Group One Trading
Chicago,
Illinois
| – | -$20K | -600 | Closed |
|
|
SSB
303
Sandy Spring Bank
Olney,
Maryland
| – | -$7K | -201 | Closed |
|
|
DADC
304
D.A. Davidson & Co
Great Falls,
Montana
| – | -$204 | -6 | -38% |
|
SKT Hedge Fund Activity: Q4 2015 in Review
286 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q4 2015, worth a combined $2.81B — down 2% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new SKT positions and 18 closed out — a net gain of 33 holders — while 119 added to existing stakes and 73 trimmed.
The largest buyer was Millennium Management, adding an estimated $57.2M. The largest seller was APG Asset Management US, cutting an estimated $183M.
- 286 institutional investors held Tanger (SKT) as of Q4 2015, up from 256 in Q3 2015.
- Funds reported $2.81B of Tanger stock for Q4 2015, down 2% quarter-over-quarter.
- 51 funds opened new Tanger positions in Q4 2015 and 18 closed out, a net change of +33 holders.
- The largest Tanger buyer in Q4 2015 was Millennium Management, an estimated $57.2M added.
- The largest Tanger seller in Q4 2015 was APG Asset Management US, an estimated $183M sold.
Based on aggregated 13F filings for Q4 2015.