Tanger
218 hedge funds and large institutions have $2.75B invested in Tanger in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 83 increasing their positions, 89 reducing their positions, and 36 closing their positions.
161% more call options, than puts
Call options by funds: $1.69M | Put options by funds: $650K
0.41% more ownership
Funds ownership: 88.79% → 89.21% (+0.41%)
2% less capital invested
Capital invested by funds: $2.8B → $2.75B (-$52.3M)
7% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 89
8% less funds holding
Funds holding: 236 → 218 (-18)
47% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$53.5M |
| 2 |
TAM
Third Avenue Management
New York
|
+$45.7M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$29.5M |
| 4 |
Goldman Sachs
New York
|
+$16.9M |
| 5 |
Bank of New York Mellon
New York
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Daiwa Securities Group
Tokyo,
Japan
|
-$45.7M |
| 2 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$30.5M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$18.7M |
| 4 |
Renaissance Technologies
New York
|
-$17.8M |
| 5 |
Millennium Management
New York
|
-$9.75M |
SKT Hedge Fund Activity: Q3 2013 in Review
218 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q3 2013, worth a combined $2.75B — down 1.9% from $2.8B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of SKT and 19 opened new positions — a net loss of 17 holders — while 89 trimmed existing stakes and 83 added.
The largest buyer was Lasalle Investment Management Securities, adding an estimated $53.5M. The largest seller was Daiwa Securities Group, cutting an estimated $45.7M.
- 218 institutional investors held Tanger (SKT) as of Q3 2013, down from 236 in Q2 2013.
- Funds reported $2.75B of Tanger stock for Q3 2013, down 1.9% quarter-over-quarter.
- 19 funds opened new Tanger positions in Q3 2013 and 36 closed out, a net change of -17 holders.
- The largest Tanger buyer in Q3 2013 was Lasalle Investment Management Securities, an estimated $53.5M added.
- The largest Tanger seller in Q3 2013 was Daiwa Securities Group, an estimated $45.7M sold.
Based on aggregated 13F filings for Q3 2013.