Seritage Growth Properties
SRG
106 hedge funds and large institutions have $930M invested in Seritage Growth Properties in 2016 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 38 increasing their positions, 16 reducing their positions, and 12 closing their positions.
200% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 12
138% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 16
29% more funds holding
Funds holding: 82 → 106 (+24)
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
27% more capital invested
Capital invested by funds: $732M → $930M (+$199M)
1.05% more ownership
Funds ownership: 72.99% → 74.04% (+1%)
5% more call options, than puts
Call options by funds: $5.71M | Put options by funds: $5.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$35M |
| 2 |
DS
Dalal Street
West Lake Hills,
Texas
|
+$22M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$18.4M |
| 4 |
Morgan Stanley
New York
|
+$8.76M |
| 5 |
O
OppenheimerFunds
New York
|
+$7.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$27M |
| 2 |
FCM
Force Capital Management
New York
|
-$15.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$15.7M |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
-$15.5M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$13.3M |
SRG Hedge Fund Activity: Q1 2016 in Review
106 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q1 2016, worth a combined $930M — up 27% from $732M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new SRG positions and 12 closed out — a net gain of 24 holders — while 38 added to existing stakes and 16 trimmed.
The largest buyer was Eagle Asset Management, opening a new position worth an estimated $35M. The largest seller was Long Pond Capital, cutting an estimated $27M.
- 106 institutional investors held Seritage Growth Properties (SRG) as of Q1 2016, up from 82 in Q4 2015.
- Funds reported $930M of Seritage Growth Properties stock for Q1 2016, up 27% quarter-over-quarter.
- 36 funds opened new Seritage Growth Properties positions in Q1 2016 and 12 closed out, a net change of +24 holders.
- The largest Seritage Growth Properties buyer in Q1 2016 was Eagle Asset Management, an estimated $35M added.
- The largest Seritage Growth Properties seller in Q1 2016 was Long Pond Capital, an estimated $27M sold.
Based on aggregated 13F filings for Q1 2016.