Tanger
249 hedge funds and large institutions have $765M invested in Tanger in 2020 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 85 increasing their positions, 82 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
83% more capital invested
Capital invested by funds: $419M → $765M (+$346M)
76% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 21
7.56% more ownership
Funds ownership: 74.65% → 82.2% (+7.6%)
6% more funds holding
Funds holding: 235 → 249 (+14)
4% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 82
60% less call options, than puts
Call options by funds: $47.2M | Put options by funds: $118M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.3M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$6.87M |
| 4 |
RA
Royce & Associates
New York
|
+$6.76M |
| 5 |
BlackRock
New York
|
+$6.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.23M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$3.39M |
| 3 |
Renaissance Technologies
New York
|
-$3.09M |
| 4 |
JP Morgan Chase
New York
|
-$2.88M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.88M |
SKT Hedge Fund Activity: Q4 2020 in Review
249 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q4 2020, worth a combined $765M — up 83% from $419M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SKT positions and 21 closed out — a net gain of 16 holders — while 85 added to existing stakes and 82 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $17.6M. The largest seller was Susquehanna International Group, cutting an estimated $6.23M.
- 249 institutional investors held Tanger (SKT) as of Q4 2020, up from 235 in Q3 2020.
- Funds reported $765M of Tanger stock for Q4 2020, up 83% quarter-over-quarter.
- 37 funds opened new Tanger positions in Q4 2020 and 21 closed out, a net change of +16 holders.
- The largest Tanger buyer in Q4 2020 was Fidelity Investments, an estimated $17.6M added.
- The largest Tanger seller in Q4 2020 was Susquehanna International Group, an estimated $6.23M sold.
Based on aggregated 13F filings for Q4 2020.