Seritage Growth Properties
SRG
129 hedge funds and large institutions have $1.69B invested in Seritage Growth Properties in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 15 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 35
1% less funds holding
Funds holding: 130 → 129 (-1)
2% less capital invested
Capital invested by funds: $1.72B → $1.69B (-$26.8M)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
3.94% less ownership
Funds ownership: 112.11% → 108.17% (-3.9%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
59% less call options, than puts
Call options by funds: $9.12M | Put options by funds: $22.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$14M |
| 2 |
BlackRock
New York
|
+$10.8M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$5.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.48M |
| 5 |
Axa
Paris,
France
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$37M |
| 2 |
EC
EMS Capital
New York
|
-$16.3M |
| 3 |
SBCM
Schwerin Boyle Capital Management
Springfield,
Massachusetts
|
-$10M |
| 4 |
GCM
Gates Capital Management
New York
|
-$8.96M |
| 5 |
Goldman Sachs
New York
|
-$7.51M |
SRG Hedge Fund Activity: Q3 2019 in Review
129 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q3 2019, worth a combined $1.69B — down 1.6% from $1.72B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SRG and 14 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 50 added.
The largest buyer was Bank of New York Mellon, adding an estimated $14M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $37M.
- 129 institutional investors held Seritage Growth Properties (SRG) as of Q3 2019, down from 130 in Q2 2019.
- Funds reported $1.69B of Seritage Growth Properties stock for Q3 2019, down 1.6% quarter-over-quarter.
- 14 funds opened new Seritage Growth Properties positions in Q3 2019 and 15 closed out, a net change of -1 holder.
- The largest Seritage Growth Properties buyer in Q3 2019 was Bank of New York Mellon, an estimated $14M added.
- The largest Seritage Growth Properties seller in Q3 2019 was Manulife (Manufacturers Life Insurance), an estimated $37M sold.
Based on aggregated 13F filings for Q3 2019.