Seritage Growth Properties
SRG
136 hedge funds and large institutions have $1.77B invested in Seritage Growth Properties in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 57 reducing their positions, and 16 closing their positions.
11% more capital invested
Capital invested by funds: $1.6B → $1.77B (+$173M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less funds holding
Funds holding: 137 → 136 (-1)
2.29% less ownership
Funds ownership: 106.87% → 104.58% (-2.3%)
25% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 57
50% less call options, than puts
Call options by funds: $20.4M | Put options by funds: $40.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
BloombergSen
Toronto,
Ontario, Canada
|
+$55.5M |
| 2 |
Axa
Paris,
France
|
+$32.6M |
| 3 |
Millennium Management
New York
|
+$9.09M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.97M |
| 5 |
ACM
Aquamarine Capital Management
New York
|
+$6.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$27.1M |
| 2 |
ECAU
Everett Capital Advisors (UK)
London,
United Kingdom
|
-$14.4M |
| 3 |
GL
Governors Lane
New York
|
-$12.4M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$7.31M |
| 5 |
EC
EMS Capital
New York
|
-$5.48M |
SRG Hedge Fund Activity: Q3 2018 in Review
136 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q3 2018, worth a combined $1.77B — up 11% from $1.6B a quarter earlier.
Fund positioning in SRG was balanced in Q3 2018: 16 funds opened new positions, 16 closed out, 43 added to existing stakes and 57 trimmed.
The largest buyer was BloombergSen, adding an estimated $55.5M. The largest seller was Gates Capital Management, cutting an estimated $27.1M.
- 136 institutional investors held Seritage Growth Properties (SRG) as of Q3 2018, down from 137 in Q2 2018.
- Funds reported $1.77B of Seritage Growth Properties stock for Q3 2018, up 11% quarter-over-quarter.
- 16 funds opened new Seritage Growth Properties positions in Q3 2018 and 16 closed out, a net change of 0 holders.
- The largest Seritage Growth Properties buyer in Q3 2018 was BloombergSen, an estimated $55.5M added.
- The largest Seritage Growth Properties seller in Q3 2018 was Gates Capital Management, an estimated $27.1M sold.
Based on aggregated 13F filings for Q3 2018.