Seritage Growth Properties
SRG
117 hedge funds and large institutions have $465M invested in Seritage Growth Properties in 2020 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 39 increasing their positions, 36 reducing their positions, and 9 closing their positions.
178% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 9
16% more funds holding
Funds holding: 101 → 117 (+16)
6% more capital invested
Capital invested by funds: $439M → $465M (+$26.5M)
8% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.4% less ownership
Funds ownership: 84.45% → 82.05% (-2.4%)
60% less call options, than puts
Call options by funds: $5.82M | Put options by funds: $14.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.82M |
| 2 |
Jane Street
New York
|
+$1.88M |
| 3 |
N
Natixis
Paris,
France
|
+$1.48M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$858K |
| 5 |
Millennium Management
New York
|
+$766K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$9.46M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$3.82M |
| 3 |
Barclays
London,
United Kingdom
|
-$3.77M |
| 4 |
KHCM
Kettle Hill Capital Management
New York
|
-$3.75M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$2.02M |
SRG Hedge Fund Activity: Q4 2020 in Review
117 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q4 2020, worth a combined $465M — up 6% from $439M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SRG positions and 9 closed out — a net gain of 16 holders — while 39 added to existing stakes and 36 trimmed.
The largest buyer was BlackRock, adding an estimated $4.82M. The largest seller was Nomura Holdings, cutting an estimated $9.46M.
- 117 institutional investors held Seritage Growth Properties (SRG) as of Q4 2020, up from 101 in Q3 2020.
- Funds reported $465M of Seritage Growth Properties stock for Q4 2020, up 6% quarter-over-quarter.
- 25 funds opened new Seritage Growth Properties positions in Q4 2020 and 9 closed out, a net change of +16 holders.
- The largest Seritage Growth Properties buyer in Q4 2020 was BlackRock, an estimated $4.82M added.
- The largest Seritage Growth Properties seller in Q4 2020 was Nomura Holdings, an estimated $9.46M sold.
Based on aggregated 13F filings for Q4 2020.