Simon Property Group
SPG
709 hedge funds and large institutions have $53.3B invested in Simon Property Group in 2016 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 239 increasing their positions, 264 reducing their positions, and 75 closing their positions.
29% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 75
5% more funds holding in top 10
Funds holding in top 10: 41 → 43 (+2)
1% more funds holding
Funds holding: 699 → 709 (+10)
9% less repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 264
3.03% less ownership
Funds ownership: 98.51% → 95.48% (-3%)
16% less capital invested
Capital invested by funds: $63.5B → $53.3B (-$10.2B)
53% less call options, than puts
Call options by funds: $173M | Put options by funds: $368M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$115M |
| 2 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$107M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$92M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$91.4M |
| 5 |
Morgan Stanley
New York
|
+$82.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$504M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$341M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$221M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$182M |
| 5 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
-$117M |
SPG Hedge Fund Activity: Q4 2016 in Review
709 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Simon Property Group (SPG) for Q4 2016, worth a combined $53.3B — down 16% from $63.5B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new SPG positions and 75 closed out — a net gain of 22 holders — while 239 added to existing stakes and 264 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $115M. The largest seller was Cohen & Steers, cutting an estimated $504M.
- 709 institutional investors held Simon Property Group (SPG) as of Q4 2016, up from 699 in Q3 2016.
- Funds reported $53.3B of Simon Property Group stock for Q4 2016, down 16% quarter-over-quarter.
- 97 funds opened new Simon Property Group positions in Q4 2016 and 75 closed out, a net change of +22 holders.
- The largest Simon Property Group buyer in Q4 2016 was Renaissance Technologies, an estimated $115M added.
- The largest Simon Property Group seller in Q4 2016 was Cohen & Steers, an estimated $504M sold.
Based on aggregated 13F filings for Q4 2016.