SEARS Canada Inc.
SRSC
SRSC was delisted on the 30th of June, 2017.
65 hedge funds and large institutions have $312M invested in SEARS Canada Inc. in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 19 reducing their positions, and 8 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
3% more funds holding
Funds holding: 63 → 65 (+2)
35% less capital invested
Capital invested by funds: $479M → $312M (-$167M)
42% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$11.2M |
| 2 |
TL
TowerView LLC
New York
|
+$508K |
| 3 |
UONDDL
University of Notre Dame du Lac
South Bend,
Indiana
|
+$393K |
| 4 |
Goldman Sachs
New York
|
+$249K |
| 5 |
Renaissance Technologies
New York
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$15.2M |
| 2 |
FCP
Fine Capital Partners
New York
|
-$1.46M |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$994K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$787K |
| 5 |
HK
Horizon Kinetics
New York
|
-$480K |
SRSC Hedge Fund Activity: Q2 2015 in Review
65 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in SEARS Canada Inc. (SRSC) for Q2 2015, worth a combined $312M — down 35% from $479M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SRSC positions and 8 closed out — a net gain of 3 holders — while 11 added to existing stakes and 19 trimmed.
The largest buyer was Fairholme Capital Management, adding an estimated $11.2M. The largest seller was RBS Partners, cutting an estimated $15.2M.
- 65 institutional investors held SEARS Canada Inc. (SRSC) as of Q2 2015, up from 63 in Q1 2015.
- Funds reported $312M of SEARS Canada Inc. stock for Q2 2015, down 35% quarter-over-quarter.
- 11 funds opened new SEARS Canada Inc. positions in Q2 2015 and 8 closed out, a net change of +3 holders.
- The largest SEARS Canada Inc. buyer in Q2 2015 was Fairholme Capital Management, an estimated $11.2M added.
- The largest SEARS Canada Inc. seller in Q2 2015 was RBS Partners, an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2015.