Tanger
271 hedge funds and large institutions have $2.67B invested in Tanger in 2017 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 110 increasing their positions, 80 reducing their positions, and 37 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 80
15% more capital invested
Capital invested by funds: $2.32B → $2.67B (+$352M)
14% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 37
6.53% more ownership
Funds ownership: 100.12% → 106.66% (+6.5%)
1% more funds holding
Funds holding: 267 → 271 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
88% less call options, than puts
Call options by funds: $8.83M | Put options by funds: $73.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$60.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$58.9M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$23M |
| 4 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$14.3M |
| 5 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21.3M |
| 2 |
BlackRock
New York
|
-$10.7M |
| 3 |
Millennium Management
New York
|
-$10M |
| 4 |
KSCM
King Street Capital Management
New York
|
-$9.28M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$8.6M |
SKT Hedge Fund Activity: Q4 2017 in Review
271 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q4 2017, worth a combined $2.67B — up 15% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SKT positions and 37 closed out — a net gain of 5 holders — while 110 added to existing stakes and 80 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $60.4M. The largest seller was Deutsche Bank, cutting an estimated $21.3M.
- 271 institutional investors held Tanger (SKT) as of Q4 2017, up from 267 in Q3 2017.
- Funds reported $2.67B of Tanger stock for Q4 2017, up 15% quarter-over-quarter.
- 42 funds opened new Tanger positions in Q4 2017 and 37 closed out, a net change of +5 holders.
- The largest Tanger buyer in Q4 2017 was Principal Financial Group, an estimated $60.4M added.
- The largest Tanger seller in Q4 2017 was Deutsche Bank, an estimated $21.3M sold.
Based on aggregated 13F filings for Q4 2017.