Simon Property Group
SPG
767 hedge funds and large institutions have $45.7B invested in Simon Property Group in 2019 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 277 increasing their positions, 303 reducing their positions, and 83 closing their positions.
5% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 83
0% less funds holding
Funds holding: 770 → 767 (-3)
5% less capital invested
Capital invested by funds: $48.1B → $45.7B (-$2.41B)
9% less repeat investments, than reductions
Existing positions increased: 277 | Existing positions reduced: 303
1.27% less ownership
Funds ownership: 96.66% → 95.39% (-1.3%)
22% less funds holding in top 10
Funds holding in top 10: 23 → 18 (-5)
67% less call options, than puts
Call options by funds: $205M | Put options by funds: $620M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$655M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$209M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$189M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$142M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$62.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$348M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$185M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$131M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$130M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$119M |
SPG Hedge Fund Activity: Q3 2019 in Review
767 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Simon Property Group (SPG) for Q3 2019, worth a combined $45.7B — down 5% from $48.1B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new SPG positions and 83 closed out — a net gain of 4 holders — while 277 added to existing stakes and 303 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $655M. The largest seller was Capital World Investors, cutting an estimated $348M.
- 767 institutional investors held Simon Property Group (SPG) as of Q3 2019, down from 770 in Q2 2019.
- Funds reported $45.7B of Simon Property Group stock for Q3 2019, down 5% quarter-over-quarter.
- 87 funds opened new Simon Property Group positions in Q3 2019 and 83 closed out, a net change of +4 holders.
- The largest Simon Property Group buyer in Q3 2019 was Cohen & Steers, an estimated $655M added.
- The largest Simon Property Group seller in Q3 2019 was Capital World Investors, an estimated $348M sold.
Based on aggregated 13F filings for Q3 2019.