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SRG

Seritage Growth Properties

112 hedge funds and large institutions have $298M invested in Seritage Growth Properties in 2022 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 45 increasing their positions, 28 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 13

61% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 28

38% more call options, than puts

Call options by funds: $14.8M | Put options by funds: $10.7M

10% more funds holding

Funds holding: 102112 (+10)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2.96% less ownership

Funds ownership: 57.14%54.18% (-3%)

10% less capital invested

Capital invested by funds: $330M → $298M (-$32.2M)

Holders
112
Holders Change
+10
Holders Change %
+9.8%
% of All Funds
1.77%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
23
Increased
45
Reduced
28
Closed
13
Calls
$14.8M
Puts
$10.7M
Net Calls
+$4.08M
Net Calls Change
+$7.52M
Name Holding Trade Value Shares
Change
Change in
Stake
Hotchkis & Wiley Capital Management
1
Hotchkis & Wiley Capital Management
California
$71.3M +$8.9M +806,702 +17%
Vanguard Group
2
Vanguard Group
Pennsylvania
$64.9M +$5.19M +471,047 +10%
BlackRock
3
BlackRock
New York
$36.1M -$260K -23,555 -0.8%
State Street
4
State Street
Massachusetts
$14.6M +$636K +57,656 +5%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$8.96M -$573K -51,973 -7%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$7.26M -$148K -13,404 -2%
ACM
7
Aquamarine Capital Management
New York
$6.33M
Citadel Advisors
8
Citadel Advisors
Florida
$6.32M +$1.76M +159,373 +47%
Goldman Sachs
9
Goldman Sachs
New York
$6.29M +$155K +14,036 +3%
Charles Schwab
10
Charles Schwab
California
$5.52M -$1.76M -159,429 -27%
LC
11
Littlejohn & Co
Connecticut
$5.42M +$254K +23,021 +6%
Northern Trust
12
Northern Trust
Illinois
$4.35M -$79.4K -7,198 -2%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$3.5M -$723K -65,590 -19%
Jane Street
14
Jane Street
New York
$3.22M +$2.23M +202,013 +386%
WCM
15
Wallace Capital Management
Texas
$2.86M +$32.3K +2,930 +1%
GL
16
Governors Lane
New York
$2.59M +$2.26M +204,700 New
GI
17
GAMCO Investors
Connecticut
$2.26M +$259K +23,500 +15%
Morgan Stanley
18
Morgan Stanley
New York
$2.25M +$727K +65,932 +59%
Group One Trading
19
Group One Trading
Illinois
$2.22M +$1.04M +94,214 +117%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$2.16M -$17.8K -1,615 -0.9%
JP Morgan Chase
21
JP Morgan Chase
New York
$2.09M -$228K -20,673 -11%
BPC
22
Banque Pictet & Cie
Switzerland
$1.7M
OKSA
23
O'Keefe Stevens Advisory
New York
$1.68M -$29.8K -2,700 -2%
Invesco
24
Invesco
Georgia
$1.65M +$479K +43,472 +50%
N
25
Nuveen
North Carolina
$1.65M +$15.7K +1,428 +1%

SRG Hedge Fund Activity: Q1 2022 in Review

112 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q1 2022, worth a combined $298M — down 9.7% from $330M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new SRG positions and 13 closed out — a net gain of 10 holders — while 45 added to existing stakes and 28 trimmed.

The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $8.9M. The largest seller was Dalal Street, cutting an estimated $38.6M.

  • 112 institutional investors held Seritage Growth Properties (SRG) as of Q1 2022, up from 102 in Q4 2021.
  • Funds reported $298M of Seritage Growth Properties stock for Q1 2022, down 9.7% quarter-over-quarter.
  • 23 funds opened new Seritage Growth Properties positions in Q1 2022 and 13 closed out, a net change of +10 holders.
  • The largest Seritage Growth Properties buyer in Q1 2022 was Hotchkis & Wiley Capital Management, an estimated $8.9M added.
  • The largest Seritage Growth Properties seller in Q1 2022 was Dalal Street, an estimated $38.6M sold.

Based on aggregated 13F filings for Q1 2022.