TIER REIT, Inc.
TIER
TIER was delisted on the 14th of June, 2019.
155 hedge funds and large institutions have $531M invested in TIER REIT, Inc. in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 53 increasing their positions, 50 reducing their positions, and 17 closing their positions.
9% more capital invested
Capital invested by funds: $485M → $531M (+$46M)
6% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 50
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more funds holding
Funds holding: 155 → 155 (0)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$6.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$4.06M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$3.95M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$3.95M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$3.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sessa Capital
New York
|
-$7.36M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$5.49M |
| 3 |
ECM
Engine Capital Management
New York
|
-$5.18M |
| 4 |
MIRH
Madison International Realty Holdings
New York
|
-$4.6M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$1.52M |
TIER Hedge Fund Activity: Q3 2017 in Review
155 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in TIER REIT, Inc. (TIER) for Q3 2017, worth a combined $531M — up 9.5% from $485M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TIER positions and 17 closed out — a net gain of 1 holder — while 53 added to existing stakes and 50 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $6.1M. The largest seller was Sessa Capital, exiting entirely with an estimated $7.36M sold.
- 155 institutional investors held TIER REIT, Inc. (TIER) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $531M of TIER REIT, Inc. stock for Q3 2017, up 9.5% quarter-over-quarter.
- 18 funds opened new TIER REIT, Inc. positions in Q3 2017 and 17 closed out, a net change of +1 holder.
- The largest TIER REIT, Inc. buyer in Q3 2017 was LSV Asset Management, an estimated $6.1M added.
- The largest TIER REIT, Inc. seller in Q3 2017 was Sessa Capital, an estimated $7.36M sold.
Based on aggregated 13F filings for Q3 2017.