Seritage Growth Properties
SRG
115 hedge funds and large institutions have $123M invested in Seritage Growth Properties in 2022 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 29 increasing their positions, 46 reducing their positions, and 20 closing their positions.
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
3% more funds holding
Funds holding: 112 → 115 (+3)
7% more call options, than puts
Call options by funds: $11M | Put options by funds: $10.3M
0.04% less ownership
Funds ownership: 54.18% → 54.15% (-0.04%)
37% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 46
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
59% less capital invested
Capital invested by funds: $298M → $123M (-$175M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$3.21M |
| 2 |
TL
TowerView LLC
New York
|
+$2.45M |
| 3 |
ZDA
Zweig-DiMenna Associates
New York
|
+$2.16M |
| 4 |
Millennium Management
New York
|
+$1.86M |
| 5 |
LCS
Levin Capital Strategies
New York
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.1M |
| 2 |
GL
Governors Lane
New York
|
-$2.59M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.05M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.44M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$1.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASRS
126
Arizona State Retirement System
Phoenix,
Arizona
| – | -$134K | -10,615 | Closed |
|
127
Allspring Global Investments
Charlotte,
North Carolina
| – | -$58K | -4,604 | Closed |
|
|
DFCM
128
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$10K | -856 | Closed |
|
129
Optiver Holding
Amsterdam,
Netherlands
| – | -$2K | -141 | Closed |
|
|
WT
130
Whittier Trust
South Pasadena,
California
| – | -$36 | -4 | -10% |
|
|
WTC
131
WhitTier Trust Company
Reno,
Nevada
| – | +$36 | +4 | New |
|
132
Rockefeller Capital Management
New York
| – | +$892 | +100 | New |
|
SRG Hedge Fund Activity: Q2 2022 in Review
115 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q2 2022, worth a combined $123M — down 59% from $298M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SRG positions and 20 closed out — a net gain of 7 holders — while 29 added to existing stakes and 46 trimmed.
The largest buyer was K2 Principal Fund, adding an estimated $3.21M. The largest seller was Vanguard Group, cutting an estimated $10.1M.
- 115 institutional investors held Seritage Growth Properties (SRG) as of Q2 2022, up from 112 in Q1 2022.
- Funds reported $123M of Seritage Growth Properties stock for Q2 2022, down 59% quarter-over-quarter.
- 27 funds opened new Seritage Growth Properties positions in Q2 2022 and 20 closed out, a net change of +7 holders.
- The largest Seritage Growth Properties buyer in Q2 2022 was K2 Principal Fund, an estimated $3.21M added.
- The largest Seritage Growth Properties seller in Q2 2022 was Vanguard Group, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2022.