Seritage Growth Properties
SRG
97 hedge funds and large institutions have $292M invested in Seritage Growth Properties in 2022 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 24 increasing their positions, 44 reducing their positions, and 28 closing their positions.
48% more call options, than puts
Call options by funds: $25.2M | Put options by funds: $17M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
30% more capital invested
Capital invested by funds: $225M → $292M (+$67.1M)
0.46% less ownership
Funds ownership: 44.58% → 44.12% (-0.46%)
15% less funds holding
Funds holding: 114 → 97 (-17)
45% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 44
50% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FourWorld Capital Management
New York
|
+$18.7M |
| 2 |
Morgan Stanley
New York
|
+$8.71M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$5.11M |
| 4 |
CCP
Corbin Capital Partners
New York
|
+$4.88M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$22.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$7.16M |
| 3 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$4.97M |
| 4 |
JIM
JCP Investment Management
Houston,
Texas
|
-$4.21M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$3.8M |
SRG Hedge Fund Activity: Q4 2022 in Review
97 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Seritage Growth Properties (SRG) for Q4 2022, worth a combined $292M — up 30% from $225M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SRG and 14 opened new positions — a net loss of 14 holders — while 44 trimmed existing stakes and 24 added.
The largest buyer was FourWorld Capital Management, opening a new position worth an estimated $18.7M. The largest seller was BlackRock, cutting an estimated $22.5M.
- 97 institutional investors held Seritage Growth Properties (SRG) as of Q4 2022, down from 114 in Q3 2022.
- Funds reported $292M of Seritage Growth Properties stock for Q4 2022, up 30% quarter-over-quarter.
- 14 funds opened new Seritage Growth Properties positions in Q4 2022 and 28 closed out, a net change of -14 holders.
- The largest Seritage Growth Properties buyer in Q4 2022 was FourWorld Capital Management, an estimated $18.7M added.
- The largest Seritage Growth Properties seller in Q4 2022 was BlackRock, an estimated $22.5M sold.
Based on aggregated 13F filings for Q4 2022.