Tanger
302 hedge funds and large institutions have $2.62B invested in Tanger in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 94 increasing their positions, 114 reducing their positions, and 14 closing their positions.
200% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more capital invested
Capital invested by funds: $2.04B → $2.62B (+$586M)
24% more call options, than puts
Call options by funds: $65.2M | Put options by funds: $52.4M
9% more funds holding
Funds holding: 276 → 302 (+26)
4.13% more ownership
Funds ownership: 85.64% → 89.77% (+4.1%)
18% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 114
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$51.3M |
| 2 |
BlackRock
New York
|
+$19.4M |
| 3 |
GA
GRS Advisors
Chicago,
Illinois
|
+$19.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$16.3M |
| 5 |
WCP
Waterfront Capital Partners
New York
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$24.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.23M |
| 4 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
-$7.57M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$7.52M |
SKT Hedge Fund Activity: Q4 2023 in Review
302 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q4 2023, worth a combined $2.62B — up 29% from $2.04B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SKT positions and 14 closed out — a net gain of 28 holders — while 94 added to existing stakes and 114 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $51.3M. The largest seller was LSV Asset Management, cutting an estimated $24.8M.
- 302 institutional investors held Tanger (SKT) as of Q4 2023, up from 276 in Q3 2023.
- Funds reported $2.62B of Tanger stock for Q4 2023, up 29% quarter-over-quarter.
- 42 funds opened new Tanger positions in Q4 2023 and 14 closed out, a net change of +28 holders.
- The largest Tanger buyer in Q4 2023 was Morgan Stanley, an estimated $51.3M added.
- The largest Tanger seller in Q4 2023 was LSV Asset Management, an estimated $24.8M sold.
Based on aggregated 13F filings for Q4 2023.