Tanger
268 hedge funds and large institutions have $2.12B invested in Tanger in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 91 increasing their positions, 90 reducing their positions, and 31 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 90
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
2% less funds holding
Funds holding: 273 → 268 (-5)
4.77% less ownership
Funds ownership: 103.29% → 98.51% (-4.8%)
8% less capital invested
Capital invested by funds: $2.29B → $2.12B (-$174M)
84% less call options, than puts
Call options by funds: $12.5M | Put options by funds: $78.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$11.3M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$8.07M |
| 3 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$6.13M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$4.7M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$4.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$82M |
| 2 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$35.9M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$9.8M |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$8.49M |
| 5 |
Goldman Sachs
New York
|
-$8.06M |
SKT Hedge Fund Activity: Q3 2018 in Review
268 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q3 2018, worth a combined $2.12B — down 7.6% from $2.29B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SKT and 28 opened new positions — a net loss of 3 holders — while 90 trimmed existing stakes and 91 added.
The largest buyer was Millennium Management, adding an estimated $11.3M. The largest seller was State Street, cutting an estimated $82M.
- 268 institutional investors held Tanger (SKT) as of Q3 2018, down from 273 in Q2 2018.
- Funds reported $2.12B of Tanger stock for Q3 2018, down 7.6% quarter-over-quarter.
- 28 funds opened new Tanger positions in Q3 2018 and 31 closed out, a net change of -3 holders.
- The largest Tanger buyer in Q3 2018 was Millennium Management, an estimated $11.3M added.
- The largest Tanger seller in Q3 2018 was State Street, an estimated $82M sold.
Based on aggregated 13F filings for Q3 2018.