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SRG

Seritage Growth Properties

139 hedge funds and large institutions have $1.28B invested in Seritage Growth Properties in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 60 increasing their positions, 37 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 37

25% more call options, than puts

Call options by funds: $14.6M | Put options by funds: $11.7M

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

2% more funds holding

Funds holding: 136139 (+3)

3% more capital invested

Capital invested by funds: $1.24B → $1.28B (+$40.5M)

7.18% less ownership

Funds ownership: 110.51%103.33% (-7.2%)

Holders
139
Holders Change
+3
Holders Change %
+2.21%
% of All Funds
3.19%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.18%
New
20
Increased
60
Reduced
37
Closed
17
Calls
$14.6M
Puts
$11.7M
Net Calls
+$2.89M
Net Calls Change
+$39.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$9.27M +$373K +9,636 +4%
LDB
27
Lee, Danner & Bass
Tennessee
$8.81M +$1.39M +35,962 +17%
KAM
28
Knightsbridge Asset Management
California
$8.27M +$4.77M +123,114 +113%
TAM
29
Third Avenue Management
New York
$7.56M +$8.24M +212,680 New
Axa
30
Axa
France
$7.35M +$2.41M +62,230 +43%
KTA
31
Keeley-Teton Advisors
Illinois
$7.14M -$2.58M -66,515 -25%
Goldman Sachs
32
Goldman Sachs
New York
$6.75M -$182K -4,706 -2%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$6.55M +$219K +5,663 +3%
Citadel Advisors
34
Citadel Advisors
Florida
$5.8M +$5.59M +144,151 +763%
JRWL
35
Joseph R. Weiss LLC
New York
$5.33M +$5.81M +150,000 New
Russell Investments Group
36
Russell Investments Group
United Kingdom
$5.27M +$2.26M +58,324 +65%
ISL
37
Ingalls & Snyder LLC
New York
$5.21M +$5.68M +146,575 New
JP Morgan Chase
38
JP Morgan Chase
New York
$5.16M -$4.18M -107,810 -43%
HighTower Advisors
39
HighTower Advisors
Illinois
$4.31M -$28.8K -743 -0.6%
Deutsche Bank
40
Deutsche Bank
Germany
$2.75M -$333K -8,583 -10%
Legal & General Group
41
Legal & General Group
United Kingdom
$2.69M +$249K +6,421 +9%
Dimensional Fund Advisors
42
Dimensional Fund Advisors
Texas
$2.47M +$22.1K +569 +0.8%
Citigroup
43
Citigroup
New York
$2.38M +$631K +16,293 +32%
OWIM
44
Old West Investment Management
California
$2.23M +$1.4M +36,236 +137%
TCIM
45
TIAA CREF Investment Management
New York
$2.19M -$61.8K -1,594 -3%
Bank of America
46
Bank of America
North Carolina
$2.17M +$2.6K +67 +0.1%
CS
47
Credit Suisse
Switzerland
$2.14M +$246K +6,348 +12%
Fidelity Investments
48
Fidelity Investments
Massachusetts
$2.12M +$22.4K +579 +1%
Boston Partners
49
Boston Partners
Massachusetts
$1.92M -$459K -11,853 -18%
GI
50
GAMCO Investors
Connecticut
$1.77M +$73.6K +1,900 +4%

SRG Hedge Fund Activity: Q1 2018 in Review

139 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q1 2018, worth a combined $1.28B — up 3.3% from $1.24B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new SRG positions and 17 closed out — a net gain of 3 holders — while 60 added to existing stakes and 37 trimmed.

The largest buyer was EdgePoint Investment Group, adding an estimated $166M. The largest seller was Fairholme Capital Management, cutting an estimated $65M.

  • 139 institutional investors held Seritage Growth Properties (SRG) as of Q1 2018, up from 136 in Q4 2017.
  • Funds reported $1.28B of Seritage Growth Properties stock for Q1 2018, up 3.3% quarter-over-quarter.
  • 20 funds opened new Seritage Growth Properties positions in Q1 2018 and 17 closed out, a net change of +3 holders.
  • The largest Seritage Growth Properties buyer in Q1 2018 was EdgePoint Investment Group, an estimated $166M added.
  • The largest Seritage Growth Properties seller in Q1 2018 was Fairholme Capital Management, an estimated $65M sold.

Based on aggregated 13F filings for Q1 2018.