SEARS Canada Inc.
SRSC
SRSC was delisted on the 30th of June, 2017.
59 hedge funds and large institutions have $150M invested in SEARS Canada Inc. in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 9 closing their positions.
8% more capital invested
Capital invested by funds: $139M → $150M (+$10.8M)
0% more funds holding
Funds holding: 59 → 59 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$3.13M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$41.9K |
| 3 |
Goldman Sachs
New York
|
+$29K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$20.1K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$11.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$381K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$215K |
| 3 |
Swiss National Bank
Zurich,
Switzerland
|
-$172K |
| 4 |
Morgan Stanley
New York
|
-$119K |
| 5 |
Renaissance Technologies
New York
|
-$91.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| – | +$151 | +48 | +96% |
|
52
JP Morgan Chase
New York
| – | +$151 | +48 | +282% |
|
|
IA
53
IFP Advisors
Tampa,
Florida
| – | +$472 | +150 | New |
|
|
AG
54
Advisor Group
Phoenix,
Arizona
| – | +$649 | +206 | New |
|
SRSC Hedge Fund Activity: Q2 2016 in Review
59 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in SEARS Canada Inc. (SRSC) for Q2 2016, worth a combined $150M — up 7.7% from $139M a quarter earlier.
Fund positioning in SRSC was balanced in Q2 2016: 9 funds opened new positions, 9 closed out, 11 added to existing stakes and 14 trimmed.
The largest buyer was Fairholme Capital Management, adding an estimated $3.13M. The largest seller was Horizon Kinetics, cutting an estimated $381K.
- 59 institutional investors held SEARS Canada Inc. (SRSC) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $150M of SEARS Canada Inc. stock for Q2 2016, up 7.7% quarter-over-quarter.
- 9 funds opened new SEARS Canada Inc. positions in Q2 2016 and 9 closed out, a net change of 0 holders.
- The largest SEARS Canada Inc. buyer in Q2 2016 was Fairholme Capital Management, an estimated $3.13M added.
- The largest SEARS Canada Inc. seller in Q2 2016 was Horizon Kinetics, an estimated $381K sold.
Based on aggregated 13F filings for Q2 2016.