Vault-13

RETAIL OPPORTUNITY INVTS COR ROIC

COM · REIT · CUSIP 76131N101

209 institutional holders -12 vs Q1 2023
123,443,979123.4m shares reported held*
$1.7bnreported value*
19 new 87 added 77 reduced 32 sold out net bought ≈ $35.1m (+2.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.48. Options: 3 managers hold calls ($49.0k notional), 2 hold puts ($5.4k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 226Q4 22: 232Q1 23: 221Q2 23: 209209Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022226
Q4 2022232
Q1 2023221
Q2 2023209

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 123 bought or addedQ4 22: 101 cut or sold outQ4 22Q1 23: 107 bought or addedQ1 23: 117 cut or sold outQ1 23Q2 23: 106 bought or addedQ2 23: 109 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022123101
Q1 2023107117
Q2 2023106109

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$250k$500k$750k$1mQ3 22 calls: $179.0kQ3 22 puts: $857.0kQ3 22P/C 4.79Q4 22 calls: $54.1kQ4 22 puts: $4.5kQ4 22P/C 0.08Q1 23 calls: $45.1kQ1 23 puts: $16.8kQ1 23P/C 0.37Q2 23 calls: $49.0kQ2 23 puts: $5.4kQ2 23P/C 0.11
Numbers
QuarterCallsPutsP/C
Q3 2022$179.0k$857.0k4.79
Q4 2022$54.1k$4.5k0.08
Q1 2023$45.1k$16.8k0.37
Q2 2023$49.0k$5.4k0.11

Biggest buyers

CENTERSQUARE INVESTMENT MANAGEMENT LLC Added +4,582,498+4.6m
JPMORGAN CHASE & CO Added +1,223,135+1.2m
Weiss Multi-Strategy Advisers LLC Added +1,018,205+1.0m
LASALLE INVESTMENT MANAGEMENT SECURITIES LLC Added +882,993+883.0k
Alyeska Investment Group, L.P. New +614,514+614.5k
Sumitomo Mitsui Trust Group, Inc. Added +563,786+563.8k
RENAISSANCE TECHNOLOGIES LLC Added +386,000+386.0k
BlackRock Inc. Added +330,055+330.1k
STRATEGY ASSET MANAGERS LLC Added +299,791+299.8k
Allianz Asset Management GmbH Added +208,449+208.4k

Biggest sellers

Land & Buildings Investment Management, LLC Sold out -1,280,473-1.3m
Balyasny Asset Management L.P. Sold out -1,013,371-1.0m
Nuveen Asset Management, LLC Reduced -758,407-758.4k
NORGES BANK Reduced -755,190-755.2k
NEUBERGER BERMAN GROUP LLC Reduced -649,440-649.4k
Long Pond Capital, LP Sold out -517,890-517.9k
CITADEL ADVISORS LLC Reduced -409,720-409.7k
Adelante Capital Management LLC Reduced -405,420-405.4k
VANGUARD GROUP INC Reduced -400,339-400.3k
MILLENNIUM MANAGEMENT LLC Reduced -399,896-399.9k

Biggest calls

CITADEL ADVISORS LLC Added $27.0k2.0k shares
SIMPLEX TRADING, LLC Added $22.0k1.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $5.4k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 23,625,01823.6m $319.2m $319.2m 0.01% Added +330.1k +330,055
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 19,748,43019.7m $266.8m $266.8m 0.01% Reduced -400.3k -400,339
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 7,926,2587.9m $108.3m $108.3m 0.01% Added +4.7k +4,686
4 CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.94% of their portfolio CONSHOHOCKEN, PA 5,927,6525.9m $80.1m $80.1m 0.94% Added +4.6m +4,582,498
5 FEDERATED HERMES, INC. 0.11% of their portfolio PITTSBURGH, PA 3,386,0473.4m $45.7m $45.7m 0.11% Reduced -49.2k -49,207
6 LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 1.62% of their portfolio BALTIMORE, MD 3,033,7223.0m $41.0m $41.0m 1.62% Added +883.0k +882,993
7 JENNISON ASSOCIATES LLC 0.03% of their portfolio NEW YORK, NY 3,009,0063.0m $40.7m $40.7m 0.03% Reduced -94.7k -94,709
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,841,3722.8m $38.4m $38.4m 0.00% Added +127.6k +127,620
9 Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio CHIYODA-KU, TOKYO, M0 2,808,4312.8m $37.9m $37.9m 0.03% Added +563.8k +563,786
10 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 2,801,3052.8m $37.8m $37.8m 0.04% Reduced -409.7k -409,720
11 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 2,166,2342.2m $29.3m $29.3m 0.03% Reduced -399.9k -399,896
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,068,5712.1m $27.9m $27.9m 0.00% Added +1.2m +1,223,135
13 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 2,012,2142.0m $27.2m $27.2m 0.01% Reduced -45.2k -45,153
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,958,0202.0m $26.5m $26.5m 0.01% Added +16.8k +16,802
15 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.47% of their portfolio RADNOR, PA 1,926,0791.9m $26.0m $26.0m 0.47% Reduced -5.7k -5,728
16 APG Asset Management US Inc. 0.21% of their portfolio New York, NY 1,913,9951.9m $25.9m $25.9m 0.21% Reduced -516 -516
17 Weiss Multi-Strategy Advisers LLC 0.52% of their portfolio NEW YORK, NY 1,803,9621.8m $24.4m $24.4m 0.52% Added +1.0m +1,018,205
18 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,764,3611.8m $23.8m $23.8m 0.01% Added +48.4k +48,416
19 Ranger Global Real Estate Advisors, LLC 3.84% of their portfolio DENVER, CO 1,736,5361.7m $23.5m $23.5m 3.84% Reduced -78.9k -78,900
20 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,536,1281.5m $20.8m $20.8m 0.00% Reduced -10.1k -10,064
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,469,8551.5m $19.9m $19.9m 0.00% Added +102.9k +102,889
22 Granite Investment Partners, LLC 0.68% of their portfolio EL SEGUNDO, CA 1,255,0621.3m $17.0m $17.0m 0.68% Reduced -12.1k -12,075
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,225,8901.2m $16.6m $16.6m 0.00% Reduced -66.5k -66,468
24 Legal & General Group Plc 0.00% of their portfolio London, X0 1,111,6861.1m $15.0m $15.0m 0.00% Added +15.3k +15,333
25 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 990,897990.9k $13.4m $13.4m 0.03% Reduced -12.9k -12,900
26 State of New Jersey Common Pension Fund D 0.04% of their portfolio TRENTON, NJ 982,379982.4k $13.3m $13.3m 0.04% Added +40.5k +40,468
27 NORGES BANK 0.00% of their portfolio OSLO, Q8 976,428976.4k $13.2m $13.2m 0.00% Reduced -755.2k -755,190
28 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 970,035970.0k $13.1m $13.1m 0.03% Added +208.4k +208,449
29 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 963,296963.3k $13.0m $13.0m 0.01% Reduced -649.4k -649,440
30 RBO & CO LLC 2.09% of their portfolio ST HELENA, CA 908,091908.1k $12.3m $12.3m 2.09% Reduced -23.5k -23,472
31 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 823,220823.2k $11.1m $11.1m 0.00% Reduced -67.7k -67,677
32 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 821,461821.5k $11.5m $11.5m 0.01% Unchanged
33 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 715,917715.9k $9.7m $9.7m 0.01% Reduced -35.9k -35,934
34 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 697,929697.9k $9.4m $9.4m 0.00% Reduced -758.4k -758,407
35 Alyeska Investment Group, L.P. 0.06% of their portfolio CHICAGO, IL 614,514614.5k $8.3m $8.3m 0.06% New
36 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 612,126612.1k $8.3m $8.3m 0.00% Added +82.5k +82,532
37 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 608,200608.2k $8.2m $8.2m 0.01% Added +386.0k +386,000
38 Phocas Financial Corp. 1.10% of their portfolio ALAMEDA, CA 594,102594.1k $8.0m $8.0m 1.10% Reduced -11.5k -11,503
39 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.17% of their portfolio CHICAGO, IL 581,694581.7k $7.9m $7.9m 0.17% Added +117.4k +117,395
40 Davis Selected Advisers 0.05% of their portfolio Tucson, AZ 580,065580.1k $7.8m $7.8m 0.05% Added +14.9k +14,920
41 STRATEGY ASSET MANAGERS LLC 1.67% of their portfolio PASADENA, CA 555,659555.7k $7.5m $7.5m 1.67% Added +299.8k +299,791
42 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 493,897493.9k $6.7m $6.7m 0.02% Added +120.1k +120,103
43 Sapience Investments, LLC 1.36% of their portfolio Irvine, CA 448,251448.3k $6.1m $6.1m 1.36% Reduced -5.6k -5,577
44 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 433,346433.3k $5.9m $5.9m 0.01% Added +26.5k +26,467
45 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 433,218433.2k $5.9m $5.9m 0.01% Reduced -31.7k -31,666
46 Adelante Capital Management LLC 0.00% of their portfolio ALAMEDA, CA 375,245375.2k $0 $0 0.00% Reduced -405.4k -405,420
47 Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio TOKYO, M0 331,568331.6k $4.5m $4.5m 0.01% Reduced -152.8k -152,761
48 TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio STAMFORD, CT 320,743320.7k $4.3m $4.3m 0.07% Added +79.1k +79,142
49 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 310,781310.8k $4.2m $4.2m 0.00% Reduced -30.5k -30,539
50 Swiss National Bank 0.00% of their portfolio ZURICH, V8 272,200272.2k $3.7m $3.7m 0.00% Added +3.3k +3,300
51 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 251,785251.8k $3.4m $3.4m 0.01% Reduced -4.3k -4,263
52 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 235,621235.6k $3.2m $3.2m 0.00% Added +9.4k +9,409
53 Public Sector Pension Investment Board 0.02% of their portfolio MONTREAL, A8 223,696223.7k $3.0m $3.0m 0.02% Added +4.7k +4,656
54 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 213,869213.9k $2.9m $2.9m 0.00% Added +34.2k +34,189
55 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 207,399207.4k $2.8m $2.8m 0.00% Reduced -13.7k -13,677
56 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 205,406205.4k $2.8m $2.8m 0.01% Added +12.0k +12,044
57 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 201,112201.1k $2.7m $2.7m 0.01% Unchanged
58 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 196,972197.0k $2.7m $2.7m 0.00% Reduced -55.7k -55,696
59 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 183,866183.9k $2.5m $2.5m 0.00% Reduced -80 -80
60 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 169,099169.1k $2.3m $2.3m 0.01% Added +854 +854
61 ALGERT GLOBAL LLC 0.09% of their portfolio SAN FRANCISCO, CA 157,260157.3k $2.1m $2.1m 0.09% Reduced -8.7k -8,660
62 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 155,846155.8k $2.1m $2.1m 0.00% Reduced -36.8k -36,837
63 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 150,992151.0k $2.0m $2.0m 0.00% Reduced -3.3k -3,293
64 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 142,455142.5k $1.9m $1.9m 0.02% Added +10.6k +10,587
65 State of Alaska, Department of Revenue 0.02% of their portfolio JUNEAU, AK 140,563140.6k $1.9m $1.9m 0.02% Reduced -7.2k -7,177
66 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 135,500135.5k $1.8m $1.8m 0.01% Added +3.7k +3,700
67 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 126,033126.0k $1.7m $1.7m 0.00% Added +934 +934
68 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 120,559120.6k $1.6m $1.6m 0.00% Reduced -153.9k -153,923
69 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 117,518117.5k $1.6m $1.6m 0.00% Added +4.7k +4,661
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 116,853116.9k $1.6m $1.6m 0.00% Added +113.9k +113,856
71 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 114,111114.1k $1.5m $1.5m 0.00% Reduced -25.4k -25,403
72 Amundi 0.00% of their portfolio Paris, I0 113,446113.4k $1.5m $1.5m 0.00% Added +8.3k +8,304
73 Vident Investment Advisory, LLC 0.05% of their portfolio Alpharetta, GA 112,845112.8k $1.5m $1.5m 0.05% Added +7.7k +7,708
74 TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio AUSTIN, TX 110,916110.9k $1.5m $1.5m 0.01% Reduced -774 -774
75 Aigen Investment Management, LP 0.20% of their portfolio NEW YORK, NY 99,66899.7k $1.3m $1.3m 0.20% Added +42.2k +42,240
76 Utah Retirement Systems 0.02% of their portfolio SALT LAKE CITY, UT 99,08499.1k $1.3m $1.3m 0.02% Unchanged
77 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 98,21898.2k $1.3m $1.3m 0.00% Added +36.9k +36,937
78 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 97,93097.9k $1.3m $1.3m 0.00% Reduced -4.2k -4,158
79 FMR LLC 0.00% of their portfolio BOSTON, MA 97,66997.7k $1.3m $1.3m 0.00% Reduced -96.1k -96,073
80 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 97,46097.5k $1.3m $1.3m 0.00% Added +76.9k +76,853
81 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 96,67696.7k $1.3m $1.3m 0.00% Added +8.8k +8,795
82 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 91,77991.8k $1.2m $1.2m 0.00% Reduced -2.9k -2,881
83 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 90,95691.0k $1.2m $1.2m 0.01% Reduced -5.9k -5,856
84 THIRD AVENUE MANAGEMENT LLC 0.20% of their portfolio NEW YORK, NY 90,00090.0k $1.2m $1.2m 0.20% Added +15.0k +15,000
85 Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio ZURICH, V8 86,42786.4k $1.2m $1.2m 0.01% Added +45.0k +45,000
86 ALLSTATE CORP 0.07% of their portfolio NORTHBROOK, IL 80,53380.5k $1.1m $1.1m 0.07% New
87 Holocene Advisors, LP 0.00% of their portfolio New York, NY 80,19580.2k $1.1m $1.1m 0.00% New
88 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 75,01175.0k $1.0m $1.0m 0.00% Added +5.4k +5,390
89 State of Tennessee, Department of Treasury 0.00% of their portfolio NASHVILLE, TN 73,54873.5k $993.6k $993.6k 0.00% Added +2.9k +2,939
90 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 72,33872.3k $977.3k $977.3k 0.00% Added +6.3k +6,313
91 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 72,06972.1k $973.7k $973.7k 0.00% Reduced -622 -622
92 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 70,50870.5k $953.0k $953.0k 0.00% Added +1.5k +1,477
93 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 70,37970.4k $950.8k $950.8k 0.00% Reduced -7.6k -7,632
94 Edgestream Partners, L.P. 0.09% of their portfolio Princeton, NJ 69,71169.7k $941.8k $941.8k 0.09% New
95 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 67,23267.2k $908.3k $908.3k 0.00% Unchanged
96 YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BLOOMFIELD HILLS, MI 66,91066.9k $904.0k $904.0k 0.01% Reduced -3.7k -3,667
97 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 66,46566.5k $897.8k $897.8k 0.00% Added +2.2k +2,164
98 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 66,29866.3k $895.7k $895.7k 0.01% Added +204 +204
99 Louisiana State Employees Retirement System 0.02% of their portfolio BATON ROUGE, LA 66,10066.1k $893.0k $893.0k 0.02% Added +8.0k +8,000
100 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 65,50365.5k $884.9k $884.9k 0.01% Added +1.2k +1,224