Tanger
SKT
276 hedge funds and large institutions have $2.04B invested in Tanger in 2023 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 88 increasing their positions, 104 reducing their positions, and 22 closing their positions.
35% more call options, than puts
Call options by funds: $53.7M | Put options by funds: $39.8M
32% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 22
2% more funds holding
Funds holding: 270 → 276 (+6)
2% more capital invested
Capital invested by funds: $2B → $2.04B (+$40.1M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.39% less ownership
Funds ownership: 86.03% → 85.64% (-0.39%)
15% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$25M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$21.2M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$12.2M |
| 4 |
D.E. Shaw & Co
New York
|
+$4.51M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$4.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$26.1M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$15.1M |
| 3 |
FAM
Fred Alger Management
New York
|
-$10.4M |
| 4 |
GA
GRS Advisors
Chicago,
Illinois
|
-$7.98M |
| 5 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$6.24M |
SKT Hedge Fund Activity: Q3 2023 in Review
276 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q3 2023, worth a combined $2.04B — up 2% from $2B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SKT positions and 22 closed out — a net gain of 7 holders — while 88 added to existing stakes and 104 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $25M. The largest seller was Millennium Management, cutting an estimated $26.1M.
- 276 institutional investors held Tanger (SKT) as of Q3 2023, up from 270 in Q2 2023.
- Funds reported $2.04B of Tanger stock for Q3 2023, up 2% quarter-over-quarter.
- 29 funds opened new Tanger positions in Q3 2023 and 22 closed out, a net change of +7 holders.
- The largest Tanger buyer in Q3 2023 was Fidelity Investments, an estimated $25M added.
- The largest Tanger seller in Q3 2023 was Millennium Management, an estimated $26.1M sold.
Based on aggregated 13F filings for Q3 2023.