Vault-13

SERITAGE GROWTH PPTYS SRG

CL A · Common Stock · CUSIP 81752R100

Real estate investment trust company

82 institutional holders +8 vs Q4 2025
23,387,79523.4m shares reported held*
$65.7mreported value*
13 new 24 added 18 reduced 7 sold out net sold ≈ $1.6m (-576.3k 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. Holder counts are more reliable. Implied quarter-end price ≈ $2.81. Options: 7 managers hold calls ($4.6m notional), 7 hold puts ($1.9m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 114Q4 22: 98Q1 23: 104Q2 23: 93Q3 23: 91Q4 23: 106Q1 24: 112Q2 24: 98Q3 24: 89Q4 24: 84Q1 25: 82Q2 25: 80Q3 25: 81Q4 25: 74Q1 26: 8282Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022114
Q4 202298
Q1 2023104
Q2 202393
Q3 202391
Q4 2023106
Q1 2024112
Q2 202498
Q3 202489
Q4 202484
Q1 202582
Q2 202580
Q3 202581
Q4 202574
Q1 202682

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 41 bought or addedQ2 24: 65 cut or sold outQ3 24: 38 bought or addedQ3 24: 52 cut or sold outQ3 24Q4 24: 36 bought or addedQ4 24: 43 cut or sold outQ1 25: 29 bought or addedQ1 25: 39 cut or sold outQ1 25Q2 25: 34 bought or addedQ2 25: 30 cut or sold outQ3 25: 30 bought or addedQ3 25: 32 cut or sold outQ3 25Q4 25: 32 bought or addedQ4 25: 31 cut or sold outQ1 26: 37 bought or addedQ1 26: 25 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20244165
Q3 20243852
Q4 20243643
Q1 20252939
Q2 20253430
Q3 20253032
Q4 20253231
Q1 20263725

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ2 25 calls: $2.8mQ2 25 puts: $1.4mQ2 25P/C 0.49Q3 25 calls: $5.1mQ3 25 puts: $2.1mQ3 25P/C 0.41Q4 25 calls: $5.4mQ4 25 puts: $1.5mQ4 25P/C 0.28Q1 26 calls: $4.6mQ1 26 puts: $1.9mQ1 26P/C 0.41
Numbers
QuarterCallsPutsP/C
Q2 2025$2.8m$1.4m0.49
Q3 2025$5.1m$2.1m0.41
Q4 2025$5.4m$1.5m0.28
Q1 2026$4.6m$1.9m0.41

Biggest buyers

TOWERVIEW LLC Added +230,000+230.0k
Clutterbuck Capital Management LLC Added +138,805+138.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +126,483+126.5k
Cygnus Capital Advisors, LLC Added +117,118+117.1k
GSA CAPITAL PARTNERS LLP New +93,711+93.7k
SIMPLEX TRADING, LLC New +92,326+92.3k
JANE STREET GROUP, LLC Added +78,051+78.1k
PRELUDE CAPITAL MANAGEMENT, LLC Added +78,023+78.0k
CITADEL ADVISORS LLC Added +76,040+76.0k
Creek Drive Management Group LLC Added +68,800+68.8k

Biggest sellers

HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Reduced -1,393,810-1.4m
Ursa Fund Management, LLC Sold out -170,000-170.0k
AMERIPRISE FINANCIAL INC Sold out -168,900-168.9k
D. E. Shaw & Co., Inc. Reduced -93,803-93.8k
TWO SIGMA ADVISERS, LP Sold out -59,900-59.9k
LITTLEJOHN & CO LLC Reduced -45,914-45.9k
PEAK6 LLC Sold out -43,892-43.9k
MORGAN STANLEY Reduced -36,940-36.9k
SEI INVESTMENTS CO Sold out -30,748-30.7k
GAMCO INVESTORS, INC. ET AL Reduced -19,800-19.8k

Biggest calls

Hunting Hill Global Capital, LLC Added $1.9m665.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.5m518.4k shares
CITADEL ADVISORS LLC Added $745.5k265.3k shares
SIMPLEX TRADING, LLC Reduced $308.5k109.8k shares
IMC-Chicago, LLC Reduced $98.1k34.9k shares
JANE STREET GROUP, LLC Reduced $71.1k25.3k shares
GROUP ONE TRADING LLC Reduced $58.4k20.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $515.9k183.6k shares
CITADEL ADVISORS LLC Reduced $507.8k180.7k shares
SIMPLEX TRADING, LLC Added $327.4k116.5k shares
JPMORGAN CHASE & CO New $247.6k93.1k shares
GROUP ONE TRADING LLC Added $147.0k52.3k shares
JANE STREET GROUP, LLC New $125.6k44.7k shares
IMC-Chicago, LLC New $35.7k12.7k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 13G · institution filed 2026-05-15 5.5% 3.1m≈ $8.2m 2026-05-15

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)

Insider purchases and sales in Q1 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

DateInsiderTradeSharesPrice ValueTheir holding
2026-03-31 Yakira Capital Management, Inc. 10% owner · See Footnote · 7.00% Series A Cumulative Redeemable Preferred Shares Sold 27,150 — —27.1k shares -10%
2026-02-24 Yakira Capital Management, Inc. 10% owner · See Footnote · 7.00% Series A Cumulative Redeemable Preferred Shares Sold 2,225 — —2.2k shares -1%
2026-02-23 Yakira Capital Management, Inc. 10% owner · See Footnote · 7.00% Series A Cumulative Redeemable Preferred Shares Sold 7,375 — —7.4k shares -2%
2026-02-09 Yakira Capital Management, Inc. 10% owner · See Footnote · 7.00% Series A Cumulative Redeemable Preferred Shares Sold 5,570 — —5.6k shares -2%
2026-02-06 Yakira Capital Management, Inc. 10% owner · See Footnote · 7.00% Series A Cumulative Redeemable Preferred Shares Sold 810 — —810 shares -<1%
2026-02-05 Yakira Capital Management, Inc. 10% owner · See Footnote · 7.00% Series A Cumulative Redeemable Preferred Shares Sold 1,030 — —1.0k shares -<1%
2026-02-04 Yakira Capital Management, Inc. 10% owner · See Footnote · 7.00% Series A Cumulative Redeemable Preferred Shares Sold 2,554 — —2.6k shares -1%
2026-01-26 Yakira Capital Management, Inc. 10% owner · See Footnote · 7.00 % Series A Cumulative Redeemable Preferred Shares Sold 5,072 — —5.1k shares -2%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 3,126,2303.1m $8.8m $8.8m 0.03% Reduced -1.4m -1,393,810
2 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 1,633,6271.6m $4.6m $4.6m 0.00% First filing
3 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 1,631,3771.6m $4.6m $4.6m 0.00% First filing
4 FourWorld Capital Management LLC 1.70% of their portfolio NEW YORK, NY 1,113,2431.1m $3.1m $3.1m 1.70% Unchanged
5 K2 PRINCIPAL FUND, L.P. 0.32% of their portfolio TORONTO, A6 1,081,4001.1m $3.0m $3.0m 0.32% Added +25.0k +25,000
6 TOWERVIEW LLC 1.87% of their portfolio NEW YORK, NY 1,030,0001.0m $2.9m $2.9m 1.87% Added +230.0k +230,000
7 Yakira Capital Management, Inc. 0.84% of their portfolio Westport, CT 1,017,6061.0m $2.9m $2.9m 0.84% Added +20.8k +20,752
8 LITTLEJOHN & CO LLC 2.36% of their portfolio GREENWICH, CT 885,208885.2k $2.5m $2.5m 2.36% Reduced -45.9k -45,914
9 Cygnus Capital Advisors, LLC 1.64% of their portfolio ATLANTA, GA 851,447851.4k $2.4m $2.4m 1.64% Added +117.1k +117,118
10 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 782,397782.4k $2.2m $2.2m 0.01% Unchanged
11 GABELLI & Co INVESTMENT ADVISERS, INC. 0.32% of their portfolio Rye, NY 773,654773.7k $2.2m $2.2m 0.32% Unchanged
12 Groupe la Francaise 0.02% of their portfolio PARIS, I0 619,871619.9k $1.7m $1.7m 0.02% Unchanged
13 BlackRock, Inc. 0.00% of their portfolio New York, NY 595,273595.3k $1.7m $1.7m 0.00% Reduced -4.4k -4,364
14 CREDIT INDUSTRIEL ET COMMERCIAL 0.25% of their portfolio PARIS FRANCE, I0 561,648561.6k $1.6m $1.6m 0.25% Unchanged
15 Clutterbuck Capital Management LLC 0.95% of their portfolio CLEVELAND, OH 551,997552.0k $1.6m $1.6m 0.95% Added +138.8k +138,805
16 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 509,243509.2k $1.4m $1.4m 0.00% Reduced -18.5k -18,521
17 Creek Drive Management Group LLC 0.89% of their portfolio SAN FRANCISCO, CA 506,000506.0k $1.4m $1.4m 0.89% Added +68.8k +68,800
18 NEXPOINT ASSET MANAGEMENT, L.P. 0.08% of their portfolio Dallas, TX 417,500417.5k $1.2m $1.2m 0.08% Unchanged
19 Hunting Hill Global Capital, LLC 1.25% of their portfolio New York, NY 372,304372.3k $1.0m $1.0m 1.25% Added +42.6k +42,647
20 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 360,321360.3k $1.0m $1.0m 0.00% Added +76.0k +76,040
21 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 351,218351.2k $986.9k $986.9k 0.00% Reduced -93.8k -93,803
22 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 332,210332.2k $933.5k $933.5k 0.00% Reduced -17.3k -17,305
23 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 312,111312.1k $877.0k $877.0k 0.02% Reduced -7.9k -7,903
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 304,308304.3k $855.1k $855.1k 0.00% Added +33.3k +33,330
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 258,302258.3k $725.8k $725.8k 0.00% Added +1.4k +1,355
26 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 254,160254.2k $714.2k $714.2k 0.00% First filing
27 Alpine Global Management, LLC 0.10% of their portfolio NEW YORK, NY 225,000225.0k $632.2k $632.2k 0.10% Added +25.0k +25,000
28 Ancora Advisors LLC 0.01% of their portfolio Cleveland, OH 206,999207.0k $581.7k $581.7k 0.01% Added +33.8k +33,750
29 PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 204,166204.2k $573.7k $573.7k 0.04% Added +78.0k +78,023
30 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 195,390195.4k $549.0k $549.0k 0.00% Added +16.6k +16,590
31 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 195,113195.1k $548.3k $548.3k 0.00% Added +126.5k +126,483
32 GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio GREENWICH, CT 142,200142.2k $399.6k $399.6k 0.00% Reduced -19.8k -19,800
33 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 138,856138.9k $391.0k $391.0k 0.00% Added +40.6k +40,600
34 Worth Venture Partners, LLC 1.20% of their portfolio FORT LEE, NJ 134,523134.5k $378.0k $378.0k 1.20% Added +13.0k +13,000
35 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 134,385134.4k $377.6k $377.6k 0.00% Reduced -3.3k -3,279
36 BANQUE PICTET & CIE SA 0.00% of their portfolio GENEVA 73, V8 132,684132.7k $372.8k $372.8k 0.00% Unchanged
37 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 106,699106.7k $299.8k $299.8k 0.00% Added +78.1k +78,051
38 HARBOR CAPITAL ADVISORS, INC. 0.02% of their portfolio CHICAGO, IL 103,902103.9k $292.0k $292.0k 0.02% Added +9.0k +9,006
39 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 100,241100.2k $281.7k $281.7k 0.00% Reduced -19.7k -19,667
40 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 93,71193.7k $263.0k $263.0k 0.02% New
41 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 92,32692.3k $259.4k $259.4k 0.01% New
42 ALTFEST L J & CO INC 0.02% of their portfolio NEW YORK, NY 71,67271.7k $201.4k $201.4k 0.02% Unchanged
43 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 69,27069.3k $194.6k $194.6k 0.00% Unchanged
44 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 63,01363.0k $177.1k $177.1k 0.00% Reduced -6.0k -5,958
45 RBF Capital, LLC 0.01% of their portfolio RENO, NV 62,00062.0k $174.2k $174.2k 0.01% New
46 JBF Capital, Inc. 0.03% of their portfolio Aspen, CO 60,00060.0k $168.6k $168.6k 0.03% Unchanged
47 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 57,82657.8k $162.5k $162.5k 0.00% Reduced -12.4k -12,402
48 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 52,02552.0k $146.2k $146.2k 0.00% Added +30.4k +30,358
49 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 44,12044.1k $123.4k $123.4k 0.00% Added +3.5k +3,502
50 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 41,41141.4k $116.4k $116.4k 0.00% Reduced -36.9k -36,940
51 Newtyn Management, LLC 0.01% of their portfolio NEW YORK, NY 41,12041.1k $115.5k $115.5k 0.01% New
52 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 36,93336.9k $103.8k $103.8k 0.00% Reduced -12.2k -12,228
53 Red Tortoise LLC 0.04% of their portfolio ATLANTA, GA 33,29233.3k $93.6k $93.6k 0.04% New
54 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 26,75626.8k $75.2k $75.2k 0.00% Reduced -56 -56
55 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 25,69125.7k $72.2k $72.2k 0.00% Added +325 +325
56 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 24,59824.6k $68.1k $68.1k 0.00% Added +1.9k +1,940
57 UBS Group AG 0.00% of their portfolio ZURICH, V8 24,22524.2k $68.1k $68.1k 0.00% Added +4.2k +4,177
58 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 24,20024.2k $68.0k $68.0k 0.00% Reduced -12.2k -12,200
59 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 23,01123.0k $64.7k $64.7k 0.00% New
60 INGALLS & SNYDER LLC 0.00% of their portfolio NEW YORK, NY 21,00021.0k $59.0k $59.0k 0.00% Unchanged
61 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 20,66720.7k $58.1k $58.1k 0.00% New
62 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 19,88919.9k $55.9k $55.9k 0.00% First filing
63 Camelot Portfolios, LLC 0.04% of their portfolio Maumee, OH 19,22219.2k $54.0k $54.0k 0.04% Unchanged
64 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio Englewood, NJ 18,68518.7k $52.5k $52.5k 0.00% New
65 Beverly Hills Private Wealth, LLC 0.01% of their portfolio BEVERLY HILLS, CA 17,00017.0k $47.8k $47.8k 0.01% Unchanged
66 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 14,98015.0k $42.0k $42.0k 0.00% New
67 CIBC Asset Management Inc 0.00% of their portfolio TORONTO, Z4 10,61510.6k $29.8k $29.8k 0.00% Unchanged
68 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 7,5757.6k $21.3k $21.3k 0.00% Unchanged
69 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 5,2235.2k $14.7k $14.7k 0.00% New
70 FMR LLC 0.00% of their portfolio BOSTON, MA 3,3903.4k $9.5k $9.5k 0.00% Reduced -1.9k -1,936
71 1620 INVESTMENT ADVISORS, INC. 0.01% of their portfolio PLYMOUTH, MA 3,3823.4k $9.5k $9.5k 0.01% Unchanged
72 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 3,0003.0k $8.0k $8.0k 0.00% Unchanged
73 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,0261.0k $2.9k $2.9k 0.00% New
74 Avion Wealth 0.00% of their portfolio THE WOODLANDS, TX 1,0001.0k $2.0k $2.0k 0.00% Unchanged
75 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 652652 $2.0k $2.0k 0.00% Reduced -1.5k -1,498
76 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 410410 $1.2k $1.2k 0.00% Unchanged
77 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 3838 $107 $107 0.00% New
78 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 1212 $34 $34 0.00% Unchanged
79 WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio RENO, NV 1212 $34 $34 0.00% Unchanged
80 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 33 $8 $8 0.00% New
81 Dunhill Financial, LLC 0.00% of their portfolio LONDON, X0 11 $3 $3 0.00% Unchanged
82 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $0 $0 0.00% Unchanged