Tanger
250 hedge funds and large institutions have $3.03B invested in Tanger in 2015 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 106 increasing their positions, 81 reducing their positions, and 36 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 81
1.72% more ownership
Funds ownership: 88.44% → 90.16% (+1.7%)
3% less capital invested
Capital invested by funds: $3.13B → $3.03B (-$106M)
4% less funds holding
Funds holding: 260 → 250 (-10)
19% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 36
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $39K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$30.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.5M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
+$25.4M |
| 4 |
AAMU
APG Asset Management US
New York
|
+$21M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$47.8M |
| 2 |
Bank of New York Mellon
New York
|
-$36.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.8M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$16.9M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$13.7M |
SKT Hedge Fund Activity: Q1 2015 in Review
250 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q1 2015, worth a combined $3.03B — down 3.4% from $3.13B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of SKT and 29 opened new positions — a net loss of 7 holders — while 81 trimmed existing stakes and 106 added.
The largest buyer was State Street, adding an estimated $30.3M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $47.8M.
- 250 institutional investors held Tanger (SKT) as of Q1 2015, down from 260 in Q4 2014.
- Funds reported $3.03B of Tanger stock for Q1 2015, down 3.4% quarter-over-quarter.
- 29 funds opened new Tanger positions in Q1 2015 and 36 closed out, a net change of -7 holders.
- The largest Tanger buyer in Q1 2015 was State Street, an estimated $30.3M added.
- The largest Tanger seller in Q1 2015 was CBRE Investment Management Listed Real Assets, an estimated $47.8M sold.
Based on aggregated 13F filings for Q1 2015.