Tanger
SKT
250 hedge funds and large institutions have $2.79B invested in Tanger in 2015 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 104 increasing their positions, 84 reducing their positions, and 23 closing their positions.
720% more call options, than puts
Call options by funds: $492K | Put options by funds: $60K
24% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 84
1.71% more ownership
Funds ownership: 90.16% → 91.87% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less funds holding
Funds holding: 251 → 250 (-1)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
8% less capital invested
Capital invested by funds: $3.03B → $2.79B (-$239M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$63.6M |
| 2 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$47.6M |
| 3 |
Renaissance Technologies
New York
|
+$10.5M |
| 4 |
CAG
Crestwood Advisors Group
Boston,
Massachusetts
|
+$10.4M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$9.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$27.7M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$25.4M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$16.6M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$16.3M |
| 5 |
Bank of New York Mellon
New York
|
-$14.9M |
SKT Hedge Fund Activity: Q2 2015 in Review
250 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q2 2015, worth a combined $2.79B — down 7.9% from $3.03B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SKT and 22 opened new positions — a net loss of 1 holder — while 84 trimmed existing stakes and 104 added.
The largest buyer was State Street, adding an estimated $63.6M. The largest seller was Heitman Real Estate Securities, exiting entirely with an estimated $27.7M sold.
- 250 institutional investors held Tanger (SKT) as of Q2 2015, down from 251 in Q1 2015.
- Funds reported $2.79B of Tanger stock for Q2 2015, down 7.9% quarter-over-quarter.
- 22 funds opened new Tanger positions in Q2 2015 and 23 closed out, a net change of -1 holder.
- The largest Tanger buyer in Q2 2015 was State Street, an estimated $63.6M added.
- The largest Tanger seller in Q2 2015 was Heitman Real Estate Securities, an estimated $27.7M sold.
Based on aggregated 13F filings for Q2 2015.