TIER REIT, Inc.
TIER
TIER was delisted on the 14th of June, 2019.
172 hedge funds and large institutions have $603M invested in TIER REIT, Inc. in 2017 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 45 increasing their positions, 51 reducing their positions, and 23 closing their positions.
78% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 23
14% more capital invested
Capital invested by funds: $531M → $603M (+$72.3M)
11% more funds holding
Funds holding: 155 → 172 (+17)
12% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 51
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$11.8M |
| 2 |
AAMU
APG Asset Management US
New York
|
+$8.62M |
| 3 |
Morgan Stanley
New York
|
+$5.98M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$5.95M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Engine Capital Management
New York
|
-$8.16M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$7.18M |
| 3 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$2.87M |
| 4 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$2.7M |
| 5 |
Goldman Sachs
New York
|
-$1.88M |
TIER Hedge Fund Activity: Q4 2017 in Review
172 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in TIER REIT, Inc. (TIER) for Q4 2017, worth a combined $603M — up 14% from $531M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new TIER positions and 23 closed out — a net gain of 18 holders — while 45 added to existing stakes and 51 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $11.8M. The largest seller was Engine Capital Management, exiting entirely with an estimated $8.16M sold.
- 172 institutional investors held TIER REIT, Inc. (TIER) as of Q4 2017, up from 155 in Q3 2017.
- Funds reported $603M of TIER REIT, Inc. stock for Q4 2017, up 14% quarter-over-quarter.
- 41 funds opened new TIER REIT, Inc. positions in Q4 2017 and 23 closed out, a net change of +18 holders.
- The largest TIER REIT, Inc. buyer in Q4 2017 was Schroder Investment Management Group, an estimated $11.8M added.
- The largest TIER REIT, Inc. seller in Q4 2017 was Engine Capital Management, an estimated $8.16M sold.
Based on aggregated 13F filings for Q4 2017.