Tanger
232 hedge funds and large institutions have $2.79B invested in Tanger in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 90 increasing their positions, 88 reducing their positions, and 14 closing their positions.
209% more call options, than puts
Call options by funds: $1.08M | Put options by funds: $349K
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
6% more funds holding
Funds holding: 218 → 232 (+14)
2.9% more ownership
Funds ownership: 89.21% → 92.11% (+2.9%)
2% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 88
1% more capital invested
Capital invested by funds: $2.75B → $2.79B (+$37.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$88.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.09M |
| 3 |
Barclays
London,
United Kingdom
|
+$7.39M |
| 4 |
Morgan Stanley
New York
|
+$7.09M |
| 5 |
Goldman Sachs
New York
|
+$6.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$21M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$10.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$9.16M |
| 4 |
Millennium Management
New York
|
-$7.97M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$6.97M |
SKT Hedge Fund Activity: Q4 2013 in Review
232 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q4 2013, worth a combined $2.79B — up 1.3% from $2.75B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SKT positions and 14 closed out — a net gain of 15 holders — while 90 added to existing stakes and 88 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $88.7M. The largest seller was Bank of New York Mellon, cutting an estimated $21M.
- 232 institutional investors held Tanger (SKT) as of Q4 2013, up from 218 in Q3 2013.
- Funds reported $2.79B of Tanger stock for Q4 2013, up 1.3% quarter-over-quarter.
- 29 funds opened new Tanger positions in Q4 2013 and 14 closed out, a net change of +15 holders.
- The largest Tanger buyer in Q4 2013 was Cohen & Steers, an estimated $88.7M added.
- The largest Tanger seller in Q4 2013 was Bank of New York Mellon, an estimated $21M sold.
Based on aggregated 13F filings for Q4 2013.