Tanger
SKT
250 hedge funds and large institutions have $1.12B invested in Tanger in 2022 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 77 increasing their positions, 92 reducing their positions, and 29 closing their positions.
3% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 29
2% less funds holding
Funds holding: 255 → 250 (-5)
4.87% less ownership
Funds ownership: 80.42% → 75.56% (-4.9%)
12% less call options, than puts
Call options by funds: $33.9M | Put options by funds: $38.7M
16% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 92
22% less capital invested
Capital invested by funds: $1.44B → $1.12B (-$315M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$19M |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$14.7M |
| 3 |
Morgan Stanley
New York
|
+$4.92M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$4.86M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCP
Waterfront Capital Partners
New York
|
-$20.9M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.7M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$11M |
| 4 |
Millennium Management
New York
|
-$10.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$7.94M |
SKT Hedge Fund Activity: Q2 2022 in Review
250 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q2 2022, worth a combined $1.12B — down 22% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SKT positions and 29 closed out — a net gain of 1 holder — while 77 added to existing stakes and 92 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $19M. The largest seller was Waterfront Capital Partners, exiting entirely with an estimated $20.9M sold.
- 250 institutional investors held Tanger (SKT) as of Q2 2022, down from 255 in Q1 2022.
- Funds reported $1.12B of Tanger stock for Q2 2022, down 22% quarter-over-quarter.
- 30 funds opened new Tanger positions in Q2 2022 and 29 closed out, a net change of +1 holder.
- The largest Tanger buyer in Q2 2022 was Wellington Management Group, an estimated $19M added.
- The largest Tanger seller in Q2 2022 was Waterfront Capital Partners, an estimated $20.9M sold.
Based on aggregated 13F filings for Q2 2022.