TIER REIT, Inc.
TIER
TIER was delisted on the 14th of June, 2019.
153 hedge funds and large institutions have $435M invested in TIER REIT, Inc. in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 46 increasing their positions, 47 reducing their positions, and 19 closing their positions.
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
11% more capital invested
Capital invested by funds: $391M → $435M (+$43.2M)
3% more funds holding
Funds holding: 149 → 153 (+4)
2% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 47
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$68.8M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$10.7M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$8.05M |
| 4 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$6.87M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Engine Capital Management
New York
|
-$6.36M |
| 2 |
MIRH
Madison International Realty Holdings
New York
|
-$3.02M |
| 3 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$2.11M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$1.97M |
| 5 |
Millennium Management
New York
|
-$1.08M |
TIER Hedge Fund Activity: Q1 2017 in Review
153 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in TIER REIT, Inc. (TIER) for Q1 2017, worth a combined $435M — up 11% from $391M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TIER positions and 19 closed out — a net gain of 11 holders — while 46 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $68.8M. The largest seller was Engine Capital Management, cutting an estimated $6.36M.
- 153 institutional investors held TIER REIT, Inc. (TIER) as of Q1 2017, up from 149 in Q4 2016.
- Funds reported $435M of TIER REIT, Inc. stock for Q1 2017, up 11% quarter-over-quarter.
- 30 funds opened new TIER REIT, Inc. positions in Q1 2017 and 19 closed out, a net change of +11 holders.
- The largest TIER REIT, Inc. buyer in Q1 2017 was BlackRock, an estimated $68.8M added.
- The largest TIER REIT, Inc. seller in Q1 2017 was Engine Capital Management, an estimated $6.36M sold.
Based on aggregated 13F filings for Q1 2017.