SEARS Canada Inc.
SRSC
SRSC was delisted on the 30th of June, 2017.
59 hedge funds and large institutions have $259M invested in SEARS Canada Inc. in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
5% more funds holding
Funds holding: 56 → 59 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
23% less capital invested
Capital invested by funds: $337M → $259M (-$77.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$2.92M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$217K |
| 3 |
Goldman Sachs
New York
|
+$147K |
| 4 |
UBS AM
Chicago,
Illinois
|
+$77.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$76.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$2.48M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$1.25M |
| 3 |
TL
TowerView LLC
New York
|
-$388K |
| 4 |
ID
Integral Derivatives
New York
|
-$101K |
| 5 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$62.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
51
Alexandria Capital
Arlington,
Virginia
| – | +$57 | +8 | New |
|
52
JP Morgan Chase
New York
| – | +$121 | +17 | New |
|
|
MFS
53
MSI Financial Services
Springfield,
Massachusetts
| – | +$421 | +59 | New |
|
54
Citigroup
New York
| – | +$492 | +69 | +113% |
|
|
AFP
55
Ausdal Financial Partners
Davenport,
Iowa
| – | +$570 | +80 | New |
|
56
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$585 | +82 | New |
|
SRSC Hedge Fund Activity: Q4 2015 in Review
59 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in SEARS Canada Inc. (SRSC) for Q4 2015, worth a combined $259M — down 23% from $337M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SRSC positions and 6 closed out — a net gain of 4 holders — while 15 added to existing stakes and 15 trimmed.
The largest buyer was Fairholme Capital Management, adding an estimated $2.92M. The largest seller was Horizon Kinetics, cutting an estimated $2.48M.
- 59 institutional investors held SEARS Canada Inc. (SRSC) as of Q4 2015, up from 56 in Q3 2015.
- Funds reported $259M of SEARS Canada Inc. stock for Q4 2015, down 23% quarter-over-quarter.
- 10 funds opened new SEARS Canada Inc. positions in Q4 2015 and 6 closed out, a net change of +4 holders.
- The largest SEARS Canada Inc. buyer in Q4 2015 was Fairholme Capital Management, an estimated $2.92M added.
- The largest SEARS Canada Inc. seller in Q4 2015 was Horizon Kinetics, an estimated $2.48M sold.
Based on aggregated 13F filings for Q4 2015.