Oz Management Lp Increased Sears Hldgs Corp (Put) (NASDAQ:SHLD) Stake by $16.75 Million

November 23, 2017 - By Clifton Ray

Investors sentiment decreased to 0.52 in 2017 Q2. Its down 0.46, from 0.98 in 2017Q1. It fall, as 26 investors sold SHLD shares while 35 reduced holdings. 13 funds opened positions while 19 raised stakes. 66.61 million shares or 5.31% less from 70.34 million shares in 2017Q1 were reported. Geode Capital Mngmt Lc has 0% invested in Sears Holdings Corp (NASDAQ:SHLD). Moreover, Jpmorgan Chase And has 0% invested in Sears Holdings Corp (NASDAQ:SHLD). Rhumbline Advisers invested in 16,965 shares or 0% of the stock. Blackrock accumulated 1.39 million shares or 0% of the stock. Moreover, Financial Architects Inc has 0% invested in Sears Holdings Corp (NASDAQ:SHLD). Captrust Fincl Advsr reported 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD). Goldman Sachs invested 0% in Sears Holdings Corp (NASDAQ:SHLD). Parametric Assocs Limited Liability reported 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD). Panagora Asset Mgmt holds 6,380 shares. Lenox Wealth stated it has 15 shares. 100 were reported by Farmers And Merchants Invests. State Street invested in 0% or 2.09 million shares. Sei Invs holds 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD) for 4 shares. Css Ltd Il owns 49,144 shares. State Board Of Administration Of Florida Retirement Sys has invested 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD).

Daniel S. Och increased its stake in Sears Hldgs Corp (Put) (NASDAQ:SHLD) by 9099.24% based on its latest 2017Q3 regulatory filing with the SEC. Oz Management Lp bought 2.39 million shares as the company’s stock rose 3.98% with the market. The hedge fund run by Daniel S. Och held 2.42 million shares of the department and specialty retail stores company at the end of 2017Q3, valued at $17.66 million, up from 26,300 at the end of the previous reported quarter. Oz Management Lp who had been investing in Sears Hldgs Corp (Put) for a number of months, seems to be bullish on the $398.85M market cap company. The stock decreased 2.31% or $0.09 on November 22, reaching $3.8. About shares traded. Sears Holdings Corp (NASDAQ:SHLD) has declined 29.81% since November 23, 2016 and is downtrending. It has underperformed by 46.51% the S&P500.

Oz Management Lp, which manages about $56.28 billion and $20.39B US Long portfolio, decreased its stake in Hertz Global Hldgs Inc () by 875,444 shares to 463,388 shares, valued at $10.36M in 2017Q3, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 922,381 shares in the quarter, leaving it with 4.51 million shares, and cut its stake in Energy Transfer Equity L P (Call) (NYSE:ETE).

Among the biggest hedge funds company worldwide, Och-Ziff Capital Management was founded by Daniel S. Och in 1994. The company makes use of many different strategies and has an approach which is multi-geography. Its offices are located in Mumbai, Hong Kong, London, Beijing and New York. Oz Management Lp is a New York-based hedge fund that was founded by Daniel S. Och. It had more than $56.28 billion assets under management in December, 2014. Oz Management Lp is the 84th largest hedge fund in our database. Taken from Oz Management latest Adv, the fund reported to have 546 full and part-time employees. Among which 149 performing investment advisory and research functions. The hedge fund had between 26-100 clients.

Sears Holdings Corp (NASDAQ:SHLD) Ratings Coverage

Among 2 analysts covering Sears Canada (NASDAQ:SHLD), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Sears Canada has $11 highest and $4 lowest target. $7.50’s average target is 97.37% above currents $3.8 stock price. Sears Canada had 2 analyst reports since September 3, 2015 according to SRatingsIntel. The stock has “Negative” rating by Susquehanna on Friday, February 10. The stock has “Sector Perform” rating by IBC on Thursday, September 3.

Sears Holdings Corporation is an integrated retailer. The company has market cap of $398.85 million. The Firm is the parent firm of Kmart Holding Corporation and Sears, Roebuck and Co. (Sears). It currently has negative earnings. The Company’s divisions are Kmart and Sears Domestic.

More notable recent Sears Holdings Corp (NASDAQ:SHLD) news were published by: Moodys.com which released: “Moody’s downgrades Sears Holdings Corp. CFR to Caa3; Outlook changed to negative” on November 16, 2017, also Seekingalpha.com with their article: “The Reports Of Sears’ Death Are NOT Greatly Exaggerated” published on October 30, 2017, Seekingalpha.com published: “Sears Holdings updates on pension plan, Q3 results” on November 08, 2017. More interesting news about Sears Holdings Corp (NASDAQ:SHLD) were released by: Seekingalpha.com and their article: “Sears Holdings Continues To Linger On” published on October 27, 2017 as well as Chicagotribune.com‘s news article titled: “Sears is in a death spiral. How many ways, how many times can it be said?” with publication date: October 24, 2017.

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