Seritage Growth Properties
SRG
101 hedge funds and large institutions have $379M invested in Seritage Growth Properties in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 39 reducing their positions, and 11 closing their positions.
20% more call options, than puts
Call options by funds: $13.9M | Put options by funds: $11.6M
2.5% less ownership
Funds ownership: 61.09% → 58.59% (-2.5%)
3% less funds holding
Funds holding: 104 → 101 (-3)
13% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 39
21% less capital invested
Capital invested by funds: $480M → $379M (-$101M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.65M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.76M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$772K |
| 4 |
Goldman Sachs
New York
|
+$771K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$609K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$8.72M |
| 2 |
TAM
Third Avenue Management
New York
|
-$2.25M |
| 3 |
Morgan Stanley
New York
|
-$2.17M |
| 4 |
BlackRock
New York
|
-$1.87M |
| 5 |
Millennium Management
New York
|
-$874K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RP
101
RBS Partners
Bay Harbor Islands,
Florida
| – | -$8.72M | -473,669 | Closed |
|
|
102
Millennium Management
New York
| – | -$874K | -47,526 | Closed |
|
103
Nomura Holdings
Tokyo,
Japan
| – | -$669K | -36,375 | Closed |
|
104
First Trust Advisors
Wheaton,
Illinois
| – | -$505K | -27,458 | Closed |
|
105
Russell Investments Group
London,
United Kingdom
| – | -$460K | -25,044 | Closed |
|
|
HF
106
HRT Financial
New York
| – | -$271K | -14,767 | Closed |
|
|
RJA
107
Raymond James & Associates
St Petersburg,
Florida
| – | -$269K | -14,646 | Closed |
|
108
AllianceBernstein
Nashville,
Tennessee
| – | -$197K | -10,706 | Closed |
|
|
ASN
109
Advisory Services Network
Atlanta,
Georgia
| – | -$133K | -7,226 | Closed |
|
110
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$17K | -934 | Closed |
|
|
CG
111
Cutler Group
San Francisco,
California
| – | -$3K | -191 | Closed |
|
SRG Hedge Fund Activity: Q3 2021 in Review
101 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q3 2021, worth a combined $379M — down 21% from $480M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SRG and 8 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 34 added.
The largest buyer was Vanguard Group, adding an estimated $4.65M. The largest seller was RBS Partners, exiting entirely with an estimated $8.72M sold.
- 101 institutional investors held Seritage Growth Properties (SRG) as of Q3 2021, down from 104 in Q2 2021.
- Funds reported $379M of Seritage Growth Properties stock for Q3 2021, down 21% quarter-over-quarter.
- 8 funds opened new Seritage Growth Properties positions in Q3 2021 and 11 closed out, a net change of -3 holders.
- The largest Seritage Growth Properties buyer in Q3 2021 was Vanguard Group, an estimated $4.65M added.
- The largest Seritage Growth Properties seller in Q3 2021 was RBS Partners, an estimated $8.72M sold.
Based on aggregated 13F filings for Q3 2021.