Seritage Growth Properties
SRG
132 hedge funds and large institutions have $1.04B invested in Seritage Growth Properties in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 39 reducing their positions, and 19 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 39
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
15% more capital invested
Capital invested by funds: $899M → $1.04B (+$137M)
4% more ownership
Funds ownership: 81.47% → 85.46% (+4%)
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
4% less funds holding
Funds holding: 138 → 132 (-6)
16% less call options, than puts
Call options by funds: $30.1M | Put options by funds: $36.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$105M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$75.1M |
| 3 |
B
BloombergSen
Toronto,
Ontario, Canada
|
+$14.6M |
| 4 |
AA
Ancient Art
Austin,
Texas
|
+$12.5M |
| 5 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
Dalal Street
West Lake Hills,
Texas
|
-$21.8M |
| 2 |
FCM
Force Capital Management
New York
|
-$9.85M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$8.39M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.48M |
| 5 |
GAMA
Graticule Asia Macro Advisors
New York
|
-$6.24M |
SRG Hedge Fund Activity: Q1 2017 in Review
132 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q1 2017, worth a combined $1.04B — up 15% from $899M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SRG positions and 19 closed out — a net gain of 1 holder — while 53 added to existing stakes and 39 trimmed.
The largest buyer was BlackRock, adding an estimated $105M. The largest seller was Dalal Street, cutting an estimated $21.8M.
- 132 institutional investors held Seritage Growth Properties (SRG) as of Q1 2017, down from 138 in Q4 2016.
- Funds reported $1.04B of Seritage Growth Properties stock for Q1 2017, up 15% quarter-over-quarter.
- 20 funds opened new Seritage Growth Properties positions in Q1 2017 and 19 closed out, a net change of +1 holder.
- The largest Seritage Growth Properties buyer in Q1 2017 was BlackRock, an estimated $105M added.
- The largest Seritage Growth Properties seller in Q1 2017 was Dalal Street, an estimated $21.8M sold.
Based on aggregated 13F filings for Q1 2017.