Tanger
281 hedge funds and large institutions have $1.57B invested in Tanger in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 88 increasing their positions, 116 reducing their positions, and 33 closing their positions.
12% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 33
2.9% more ownership
Funds ownership: 105.35% → 108.25% (+2.9%)
1% more funds holding
Funds holding: 278 → 281 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $1.61B → $1.57B (-$39M)
24% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 116
68% less call options, than puts
Call options by funds: $19.4M | Put options by funds: $61.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$126M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$18.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$16.5M |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
+$7.45M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$6.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$56.3M |
| 2 |
Renaissance Technologies
New York
|
-$20.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.2M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$13.7M |
| 5 |
Millennium Management
New York
|
-$11.6M |
SKT Hedge Fund Activity: Q3 2019 in Review
281 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q3 2019, worth a combined $1.57B — down 2.4% from $1.61B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SKT positions and 33 closed out — a net gain of 4 holders — while 88 added to existing stakes and 116 trimmed.
The largest buyer was State Street, adding an estimated $126M. The largest seller was Principal Financial Group, cutting an estimated $56.3M.
- 281 institutional investors held Tanger (SKT) as of Q3 2019, up from 278 in Q2 2019.
- Funds reported $1.57B of Tanger stock for Q3 2019, down 2.4% quarter-over-quarter.
- 37 funds opened new Tanger positions in Q3 2019 and 33 closed out, a net change of +4 holders.
- The largest Tanger buyer in Q3 2019 was State Street, an estimated $126M added.
- The largest Tanger seller in Q3 2019 was Principal Financial Group, an estimated $56.3M sold.
Based on aggregated 13F filings for Q3 2019.