Tanger
320 hedge funds and large institutions have $3.16B invested in Tanger in 2024 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 101 increasing their positions, 114 reducing their positions, and 26 closing their positions.
88% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 26
58% more call options, than puts
Call options by funds: $39.5M | Put options by funds: $25M
25% more capital invested
Capital invested by funds: $2.52B → $3.16B (+$636M)
8% more funds holding
Funds holding: 297 → 320 (+23)
1.98% more ownership
Funds ownership: 85% → 86.98% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
11% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 114
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$53.5M |
| 2 |
Millennium Management
New York
|
+$28.4M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$18M |
| 4 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$15.4M |
| 5 |
Morgan Stanley
New York
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$25.2M |
| 2 |
WCP
Waterfront Capital Partners
New York
|
-$18.2M |
| 3 |
GA
GRS Advisors
Chicago,
Illinois
|
-$17.5M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$10.6M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$10.2M |
SKT Hedge Fund Activity: Q3 2024 in Review
320 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Tanger (SKT) for Q3 2024, worth a combined $3.16B — up 25% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new SKT positions and 26 closed out — a net gain of 23 holders — while 101 added to existing stakes and 114 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $53.5M. The largest seller was Wellington Management Group, cutting an estimated $25.2M.
- 320 institutional investors held Tanger (SKT) as of Q3 2024, up from 297 in Q2 2024.
- Funds reported $3.16B of Tanger stock for Q3 2024, up 25% quarter-over-quarter.
- 49 funds opened new Tanger positions in Q3 2024 and 26 closed out, a net change of +23 holders.
- The largest Tanger buyer in Q3 2024 was Fidelity Investments, an estimated $53.5M added.
- The largest Tanger seller in Q3 2024 was Wellington Management Group, an estimated $25.2M sold.
Based on aggregated 13F filings for Q3 2024.