Seritage Growth Properties
SRG
131 hedge funds and large institutions have $1.07B invested in Seritage Growth Properties in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 54 increasing their positions, 34 reducing their positions, and 15 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 34
5.16% more ownership
Funds ownership: 85.46% → 90.63% (+5.2%)
3% more capital invested
Capital invested by funds: $1.04B → $1.07B (+$35.1M)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1% less funds holding
Funds holding: 132 → 131 (-1)
14% less call options, than puts
Call options by funds: $47.9M | Put options by funds: $55.5M
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$22.4M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$15.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.4M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
+$11M |
| 5 |
Morgan Stanley
New York
|
+$7.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancient Art
Austin,
Texas
|
-$12.5M |
| 2 |
Goldman Sachs
New York
|
-$8.97M |
| 3 |
BlackRock
New York
|
-$6.09M |
| 4 |
ACM
Aquamarine Capital Management
New York
|
-$5.64M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$5.23M |
SRG Hedge Fund Activity: Q2 2017 in Review
131 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q2 2017, worth a combined $1.07B — up 3.4% from $1.04B a quarter earlier.
Fund positioning in SRG was balanced in Q2 2017: 15 funds opened new positions, 15 closed out, 54 added to existing stakes and 34 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $22.4M. The largest seller was Ancient Art, exiting entirely with an estimated $12.5M sold.
- 131 institutional investors held Seritage Growth Properties (SRG) as of Q2 2017, down from 132 in Q1 2017.
- Funds reported $1.07B of Seritage Growth Properties stock for Q2 2017, up 3.4% quarter-over-quarter.
- 15 funds opened new Seritage Growth Properties positions in Q2 2017 and 15 closed out, a net change of 0 holders.
- The largest Seritage Growth Properties buyer in Q2 2017 was Hotchkis & Wiley Capital Management, an estimated $22.4M added.
- The largest Seritage Growth Properties seller in Q2 2017 was Ancient Art, an estimated $12.5M sold.
Based on aggregated 13F filings for Q2 2017.