SEARS Canada Inc.
SRSC
SRSC was delisted on the 30th of June, 2017.
59 hedge funds and large institutions have $140M invested in SEARS Canada Inc. in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 9 closing their positions.
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
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
47% less capital invested
Capital invested by funds: $263M → $140M (-$124M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$2.04M |
| 2 |
Renaissance Technologies
New York
|
+$445K |
| 3 |
Morgan Stanley
New York
|
+$444K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$426K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
RBS Partners
Bay Harbor Islands,
Florida
|
-$8.9M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$815K |
| 3 |
HK
Horizon Kinetics
New York
|
-$529K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$72K |
| 5 |
UBS AM
Chicago,
Illinois
|
-$55K |
SRSC Hedge Fund Activity: Q1 2016 in Review
59 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in SEARS Canada Inc. (SRSC) for Q1 2016, worth a combined $140M — down 47% from $263M a quarter earlier.
Fund positioning in SRSC was balanced in Q1 2016: 9 funds opened new positions, 9 closed out, 12 added to existing stakes and 13 trimmed.
The largest buyer was Fairholme Capital Management, adding an estimated $2.04M. The largest seller was RBS Partners, cutting an estimated $8.9M.
- 59 institutional investors held SEARS Canada Inc. (SRSC) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $140M of SEARS Canada Inc. stock for Q1 2016, down 47% quarter-over-quarter.
- 9 funds opened new SEARS Canada Inc. positions in Q1 2016 and 9 closed out, a net change of 0 holders.
- The largest SEARS Canada Inc. buyer in Q1 2016 was Fairholme Capital Management, an estimated $2.04M added.
- The largest SEARS Canada Inc. seller in Q1 2016 was RBS Partners, an estimated $8.9M sold.
Based on aggregated 13F filings for Q1 2016.