TIER REIT, Inc.
TIER
TIER was delisted on the 14th of June, 2019.
149 hedge funds and large institutions have $391M invested in TIER REIT, Inc. in 2016 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 49 increasing their positions, 43 reducing their positions, and 21 closing their positions.
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
21% more capital invested
Capital invested by funds: $324M → $391M (+$67.4M)
14% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 43
1% more funds holding
Funds holding: 147 → 149 (+2)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Engine Capital Management
New York
|
+$4.55M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$4.27M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.08M |
| 4 |
PMG
Private Management Group
Irvine,
California
|
+$2.03M |
| 5 |
Morgan Stanley
New York
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
-$3.57M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$3.48M |
| 3 |
GPC
Guardian Point Capital
Charlottesville,
Virginia
|
-$3.09M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.24M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$780K |
TIER Hedge Fund Activity: Q4 2016 in Review
149 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in TIER REIT, Inc. (TIER) for Q4 2016, worth a combined $391M — up 21% from $324M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TIER positions and 21 closed out — a net gain of 6 holders — while 49 added to existing stakes and 43 trimmed.
The largest buyer was Engine Capital Management, adding an estimated $4.55M. The largest seller was FrontFour Capital Group, exiting entirely with an estimated $3.57M sold.
- 149 institutional investors held TIER REIT, Inc. (TIER) as of Q4 2016, up from 147 in Q3 2016.
- Funds reported $391M of TIER REIT, Inc. stock for Q4 2016, up 21% quarter-over-quarter.
- 27 funds opened new TIER REIT, Inc. positions in Q4 2016 and 21 closed out, a net change of +6 holders.
- The largest TIER REIT, Inc. buyer in Q4 2016 was Engine Capital Management, an estimated $4.55M added.
- The largest TIER REIT, Inc. seller in Q4 2016 was FrontFour Capital Group, an estimated $3.57M sold.
Based on aggregated 13F filings for Q4 2016.