SEARS Canada Inc.
SRSC
SRSC was delisted on the 30th of June, 2017.
63 hedge funds and large institutions have $479M invested in SEARS Canada Inc. in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $500M → $479M (-$21.2M)
5% less funds holding
Funds holding: 66 → 63 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$5.77M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$428K |
| 3 |
FCP
Fine Capital Partners
New York
|
+$330K |
| 4 |
Goldman Sachs
New York
|
+$72.6K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Force Capital Management
New York
|
-$2.12M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$1.95M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.1M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$664K |
| 5 |
HK
Horizon Kinetics
New York
|
-$619K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
51
Bluefin Capital Management
New York
| – | -$147K | -15,311 | Closed |
|
|
GIBU
52
Gulf International Bank (UK)
London,
United Kingdom
| – | -$40K | -4,129 | Closed |
|
|
OSAM
53
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$1K | -79 | Closed |
|
|
CWM
54
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
| – | -$107 | -11 | -85% |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$10 | +1 | New |
|
|
ZB
56
Zions Bancorporation
Salt Lake City,
Utah
| – | +$49 | +5 | New |
|
57
Bessemer Group
Woodbridge,
New Jersey
| – | +$87 | +9 | New |
|
|
GI
58
Gradient Investments
Arden Hills,
Minnesota
| – | +$126 | +13 | New |
|
|
TFO
59
Tarbox Family Office
Newport Beach,
California
| – | +$126 | +13 | New |
|
|
RWA
60
Ropes Wealth Advisors
Boston,
Massachusetts
| – | +$321 | +33 | New |
|
SRSC Hedge Fund Activity: Q1 2015 in Review
63 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in SEARS Canada Inc. (SRSC) for Q1 2015, worth a combined $479M — down 4.2% from $500M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SRSC and 8 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 13 added.
The largest buyer was Fairholme Capital Management, adding an estimated $5.77M. The largest seller was Force Capital Management, exiting entirely with an estimated $2.12M sold.
- 63 institutional investors held SEARS Canada Inc. (SRSC) as of Q1 2015, down from 66 in Q4 2014.
- Funds reported $479M of SEARS Canada Inc. stock for Q1 2015, down 4.2% quarter-over-quarter.
- 8 funds opened new SEARS Canada Inc. positions in Q1 2015 and 10 closed out, a net change of -2 holders.
- The largest SEARS Canada Inc. buyer in Q1 2015 was Fairholme Capital Management, an estimated $5.77M added.
- The largest SEARS Canada Inc. seller in Q1 2015 was Force Capital Management, an estimated $2.12M sold.
Based on aggregated 13F filings for Q1 2015.