Simon Property Group
SPG
691 hedge funds and large institutions have $52.2B invested in Simon Property Group in 2017 Q4 according to their latest regulatory filings, with 103 funds opening new positions, 221 increasing their positions, 249 reducing their positions, and 60 closing their positions.
72% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 60
9% more funds holding in top 10
Funds holding in top 10: 35 → 38 (+3)
7% more capital invested
Capital invested by funds: $48.8B → $52.2B (+$3.41B)
6% more funds holding
Funds holding: 654 → 691 (+37)
0.35% more ownership
Funds ownership: 97.52% → 97.87% (+0.35%)
11% less repeat investments, than reductions
Existing positions increased: 221 | Existing positions reduced: 249
42% less call options, than puts
Call options by funds: $348M | Put options by funds: $595M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$559M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$195M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$192M |
| 4 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$109M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$79.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$223M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$204M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$184M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
-$166M |
| 5 |
Goldman Sachs
New York
|
-$146M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HT
751
Heritage Trust
Oklahoma City,
Oklahoma
| – | -$5K | -28 | Closed |
|
|
RFM
752
Royal Fund Management
Lady Lake,
Florida
| – | -$4K | -25 | Closed |
|
|
MCIA
753
Mountain Capital Investment Advisors
Westminster,
Colorado
| – | -$4K | -23 | Closed |
|
|
GT
754
Greenleaf Trust
Kalamazoo,
Michigan
| – | -$3K | -17 | Closed |
|
755
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$3K | -16 | Closed |
|
|
AF
756
Allworth Financial
Folsom,
California
| – | +$325 | +2 | New |
|
|
BWA
757
BDO Wealth Advisors
Jacksonville,
Florida
| – | +$325 | +2 | New |
|
SPG Hedge Fund Activity: Q4 2017 in Review
691 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Simon Property Group (SPG) for Q4 2017, worth a combined $52.2B — up 7% from $48.8B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new SPG positions and 60 closed out — a net gain of 43 holders — while 221 added to existing stakes and 249 trimmed.
The largest buyer was Brookfield Corp, opening a new position worth an estimated $559M. The largest seller was Cohen & Steers, cutting an estimated $223M.
- 691 institutional investors held Simon Property Group (SPG) as of Q4 2017, up from 654 in Q3 2017.
- Funds reported $52.2B of Simon Property Group stock for Q4 2017, up 7% quarter-over-quarter.
- 103 funds opened new Simon Property Group positions in Q4 2017 and 60 closed out, a net change of +43 holders.
- The largest Simon Property Group buyer in Q4 2017 was Brookfield Corp, an estimated $559M added.
- The largest Simon Property Group seller in Q4 2017 was Cohen & Steers, an estimated $223M sold.
Based on aggregated 13F filings for Q4 2017.