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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.

New
Increased
Maintained
Reduced
Closed

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: 218232 (+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)

Holders
232
Holders Change
+14
Holders Change %
+6.42%
% of All Funds
6.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
29
Increased
90
Reduced
88
Closed
14
Calls
$1.08M
Puts
$349K
Net Calls
+$730K
Net Calls Change
-$314K
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
76
Neuberger Berman Group
New York
$5.29M -$3.38M -101,300 -38%
State of Tennessee, Department of Treasury
77
State of Tennessee, Department of Treasury
Tennessee
$5.08M +$290K +8,700 +6%
Legal & General Group
78
Legal & General Group
United Kingdom
$4.83M +$171K +5,138 +4%
CBOA
79
Commonwealth Bank of Australia
Australia
$4.63M +$836K +25,085 +21%
SP
80
Sarasin & Partners
United Kingdom
$4.58M +$1.08M +32,500 +29%
RCAMU
81
Rothschild & Co Asset Management US
Connecticut
$3.88M -$24.8K -744 -0.6%
HSBC Holdings
82
HSBC Holdings
United Kingdom
$3.74M -$419K -12,577 -10%
GMIM
83
General Motors Investment Management
New York
$3.62M
Teacher Retirement System of Texas
84
Teacher Retirement System of Texas
Texas
$3.58M +$3.33M +99,846 +824%
RhumbLine Advisers
85
RhumbLine Advisers
Massachusetts
$3.37M -$312K -9,352 -8%
AllianceBernstein
86
AllianceBernstein
Tennessee
$3.36M +$27.9K +837 +0.8%
BNP Paribas Asset Management
87
BNP Paribas Asset Management
France
$3.26M -$1.57M -47,020 -32%
TPSF
88
Texas Permanent School Fund
Texas
$3.18M -$19.3K -580 -0.6%
Comerica Bank
89
Comerica Bank
Texas
$3.13M -$317K -9,522 -9%
Bank of Montreal
90
Bank of Montreal
Ontario, Canada
$2.96M -$185K -5,560 -6%
Jane Street
91
Jane Street
New York
$2.81M +$2.67M +80,073 +1,038%
Swiss National Bank
92
Swiss National Bank
Switzerland
$2.75M +$16.7K +500 +0.6%
BlackRock
93
BlackRock
New York
$2.69M +$513K +15,386 +22%
RJA
94
Raymond James & Associates
Florida
$2.59M -$5.37K -161 -0.2%
SFM
95
Systematic Financial Management
New Jersey
$2.58M +$2.69M +80,600 New
PIP
96
Perennial Investment Partners
Australia
$2.46M +$2.56M +76,900 New
ASRS
97
Arizona State Retirement System
Arizona
$2.41M -$310K -9,300 -11%
PAM
98
Panagora Asset Management
Massachusetts
$2.31M -$2.47M -74,034 -51%
CCMH
99
Cornerstone Capital Management Holdings
New York
$2.31M -$1.58M -47,535 -40%
Fifth Third Bancorp
100
Fifth Third Bancorp
Ohio
$2.21M +$116K +3,485 +5%

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.