Urban Edge Properties
210 hedge funds and large institutions have $2.2B invested in Urban Edge Properties in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 72 increasing their positions, 67 reducing their positions, and 24 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 67
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
1.09% less ownership
Funds ownership: 91.64% → 90.55% (-1.1%)
1% less funds holding
Funds holding: 213 → 210 (-3)
17% less capital invested
Capital invested by funds: $2.66B → $2.2B (-$457M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$43.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.1M |
| 3 |
BlackRock
New York
|
+$8.73M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$8.5M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$71.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$27.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$18.8M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$10.7M |
| 5 |
Millennium Management
New York
|
-$8.81M |
UE Hedge Fund Activity: Q1 2018 in Review
210 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Urban Edge Properties (UE) for Q1 2018, worth a combined $2.2B — down 17% from $2.66B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of UE and 23 opened new positions — a net loss of 1 holder — while 67 trimmed existing stakes and 72 added.
The largest buyer was Cohen & Steers, adding an estimated $43.1M. The largest seller was Bank of New York Mellon, cutting an estimated $71.8M.
- 210 institutional investors held Urban Edge Properties (UE) as of Q1 2018, down from 213 in Q4 2017.
- Funds reported $2.2B of Urban Edge Properties stock for Q1 2018, down 17% quarter-over-quarter.
- 23 funds opened new Urban Edge Properties positions in Q1 2018 and 24 closed out, a net change of -1 holder.
- The largest Urban Edge Properties buyer in Q1 2018 was Cohen & Steers, an estimated $43.1M added.
- The largest Urban Edge Properties seller in Q1 2018 was Bank of New York Mellon, an estimated $71.8M sold.
Based on aggregated 13F filings for Q1 2018.