Tanger
244 hedge funds and large institutions have $1.35B invested in Tanger in 2021 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 93 increasing their positions, 71 reducing their positions, and 24 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 71
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less call options, than puts
Call options by funds: $58.6M | Put options by funds: $59.6M
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
1.78% less ownership
Funds ownership: 81.17% → 79.39% (-1.8%)
2% less funds holding
Funds holding: 249 → 244 (-5)
12% less capital invested
Capital invested by funds: $1.54B → $1.35B (-$192M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.5M |
| 2 |
AIP
ARS Investment Partners
New York
|
+$6.33M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$6.07M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$5.56M |
| 5 |
State Street
Boston,
Massachusetts
|
+$4.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
-$22.3M |
| 2 |
FAM
Fred Alger Management
New York
|
-$15.7M |
| 3 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$5.66M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.83M |
| 5 |
Two Sigma Investments
New York
|
-$3.79M |
SKT Hedge Fund Activity: Q3 2021 in Review
244 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q3 2021, worth a combined $1.35B — down 12% from $1.54B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SKT and 23 opened new positions — a net loss of 1 holder — while 71 trimmed existing stakes and 93 added.
The largest buyer was Vanguard Group, adding an estimated $14.5M. The largest seller was Marathon Asset Management (UK), exiting entirely with an estimated $22.3M sold.
- 244 institutional investors held Tanger (SKT) as of Q3 2021, down from 249 in Q2 2021.
- Funds reported $1.35B of Tanger stock for Q3 2021, down 12% quarter-over-quarter.
- 23 funds opened new Tanger positions in Q3 2021 and 24 closed out, a net change of -1 holder.
- The largest Tanger buyer in Q3 2021 was Vanguard Group, an estimated $14.5M added.
- The largest Tanger seller in Q3 2021 was Marathon Asset Management (UK), an estimated $22.3M sold.
Based on aggregated 13F filings for Q3 2021.