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SRG

Seritage Growth Properties

101 hedge funds and large institutions have $379M invested in Seritage Growth Properties in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 39 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more call options, than puts

Call options by funds: $13.9M | Put options by funds: $11.6M

2.5% less ownership

Funds ownership: 61.09%58.59% (-2.5%)

3% less funds holding

Funds holding: 104101 (-3)

13% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 39

21% less capital invested

Capital invested by funds: $480M → $379M (-$101M)

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
101
Holders Change
-3
Holders Change %
-2.88%
% of All Funds
1.77%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
8
Increased
34
Reduced
39
Closed
11
Calls
$13.9M
Puts
$11.6M
Net Calls
+$2.37M
Net Calls Change
-$9.82M
Name Holding Trade Value Shares
Change
Change in
Stake
DS
1
Dalal Street
Texas
$70.2M
Hotchkis & Wiley Capital Management
2
Hotchkis & Wiley Capital Management
California
$68M +$1.76M +111,604 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$65.8M +$4.65M +294,732 +7%
BlackRock
4
BlackRock
New York
$43.6M -$1.87M -118,557 -4%
State Street
5
State Street
Massachusetts
$16.2M -$325K -20,635 -2%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$11M -$401K -25,447 -3%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$8.78M +$164K +10,412 +2%
Charles Schwab
8
Charles Schwab
California
$8.49M -$81.3K -5,160 -0.9%
Goldman Sachs
9
Goldman Sachs
New York
$7.59M +$771K +48,919 +11%
ACM
10
Aquamarine Capital Management
New York
$7.42M
LC
11
Littlejohn & Co
Connecticut
$6.93M -$315K -19,994 -4%
CIM
12
Centersquare Investment Management
Pennsylvania
$5.86M -$268K -17,000 -4%
Northern Trust
13
Northern Trust
Illinois
$5.38M -$591K -37,518 -9%
WCM
14
Wallace Capital Management
Texas
$5.32M +$57.7K +3,658 +1%
TAM
15
Third Avenue Management
New York
$3M -$2.25M -142,744 -41%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$2.67M +$159K +10,100 +6%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$2.35M -$183K -11,620 -7%
JP Morgan Chase
18
JP Morgan Chase
New York
$2.31M -$517K -32,806 -17%
N
19
Nuveen
North Carolina
$2.2M -$74.6K -4,732 -3%
Group One Trading
20
Group One Trading
Illinois
$2.15M -$260K -16,504 -10%
OKSA
21
O'Keefe Stevens Advisory
New York
$2.07M -$12.8K -810 -0.6%
RhumbLine Advisers
22
RhumbLine Advisers
Massachusetts
$1.81M -$134K -8,532 -7%
Invesco
23
Invesco
Georgia
$1.39M +$65K +4,126 +5%
GI
24
GAMCO Investors
Connecticut
$1.29M -$6.3K -400 -0.5%
Swiss National Bank
25
Swiss National Bank
Switzerland
$1.26M +$132K +8,400 +11%

SRG Hedge Fund Activity: Q3 2021 in Review

101 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q3 2021, worth a combined $379M — down 21% from $480M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of SRG and 8 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 34 added.

The largest buyer was Vanguard Group, adding an estimated $4.65M. The largest seller was RBS Partners, exiting entirely with an estimated $8.72M sold.

  • 101 institutional investors held Seritage Growth Properties (SRG) as of Q3 2021, down from 104 in Q2 2021.
  • Funds reported $379M of Seritage Growth Properties stock for Q3 2021, down 21% quarter-over-quarter.
  • 8 funds opened new Seritage Growth Properties positions in Q3 2021 and 11 closed out, a net change of -3 holders.
  • The largest Seritage Growth Properties buyer in Q3 2021 was Vanguard Group, an estimated $4.65M added.
  • The largest Seritage Growth Properties seller in Q3 2021 was RBS Partners, an estimated $8.72M sold.

Based on aggregated 13F filings for Q3 2021.