Seritage Growth Properties
SRG
131 hedge funds and large institutions have $978M invested in Seritage Growth Properties in 2016 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 19 closing their positions.
132% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 19
22% more funds holding
Funds holding: 107 → 131 (+24)
1.83% more ownership
Funds ownership: 74.04% → 75.87% (+1.8%)
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
5% more capital invested
Capital invested by funds: $935M → $978M (+$43.5M)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
97% less call options, than puts
Call options by funds: $412K | Put options by funds: $14.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$36.6M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$29.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$28.5M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$16.1M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$57.6M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$42.5M |
| 3 |
FCM
Force Capital Management
New York
|
-$18.3M |
| 4 |
NM
Nokota Management
New York
|
-$13.2M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$10.3M |
SRG Hedge Fund Activity: Q2 2016 in Review
131 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q2 2016, worth a combined $978M — up 4.6% from $935M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new SRG positions and 19 closed out — a net gain of 25 holders — while 36 added to existing stakes and 34 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $36.6M. The largest seller was Long Pond Capital, exiting entirely with an estimated $57.6M sold.
- 131 institutional investors held Seritage Growth Properties (SRG) as of Q2 2016, up from 107 in Q1 2016.
- Funds reported $978M of Seritage Growth Properties stock for Q2 2016, up 4.6% quarter-over-quarter.
- 44 funds opened new Seritage Growth Properties positions in Q2 2016 and 19 closed out, a net change of +25 holders.
- The largest Seritage Growth Properties buyer in Q2 2016 was Manulife (Manufacturers Life Insurance), an estimated $36.6M added.
- The largest Seritage Growth Properties seller in Q2 2016 was Long Pond Capital, an estimated $57.6M sold.
Based on aggregated 13F filings for Q2 2016.