Force Capital Management LLC Cut Sears Hldgs Corp (SHLD) Position as Share Price Rose

June 14, 2018 - By Cecil Scoggins

Sears Holdings Corporation (NASDAQ:SHLD) LogoInvestors sentiment decreased to 0.58 in 2018 Q1. Its down 0.53, from 1.11 in 2017Q4. It turned negative, as 17 investors sold SHLD shares while 31 reduced holdings. 7 funds opened positions while 21 raised stakes. 59.39 million shares or 4.77% less from 62.36 million shares in 2017Q4 were reported. Royal National Bank Of Canada owns 221,810 shares. Blackrock Inc holds 0% in Sears Holdings Corporation (NASDAQ:SHLD) or 1.16 million shares. Architects has 0% invested in Sears Holdings Corporation (NASDAQ:SHLD). Schwab Charles Investment Mgmt Inc invested in 79,326 shares or 0% of the stock. Federated Invsts Inc Pa holds 0% in Sears Holdings Corporation (NASDAQ:SHLD) or 37,342 shares. Fine Cap Prns Lp accumulated 2.12 million shares. Manatuck Hill Prns Ltd Company accumulated 28,800 shares. Moreover, Eaton Vance Mngmt has 0% invested in Sears Holdings Corporation (NASDAQ:SHLD) for 12,107 shares. Horizon Kinetics Ltd Company holds 0.01% or 178,964 shares. State Street Corp holds 0% or 1.20M shares. Citigroup has 0% invested in Sears Holdings Corporation (NASDAQ:SHLD). Moreover, Cwm Ltd Liability Corporation has 0% invested in Sears Holdings Corporation (NASDAQ:SHLD) for 1,104 shares. Alps Advisors Inc accumulated 36,601 shares. First Manhattan stated it has 0% in Sears Holdings Corporation (NASDAQ:SHLD). Vanguard Gru Inc reported 1.78 million shares.

Since January 8, 2018, it had 0 insider purchases, and 3 insider sales for $13.55 million activity.

Robert Jaffe decreased its stake in Sears Hldgs Corp (SHLD) by 85.66% based on its latest 2018Q1 regulatory filing with the SEC. Force Capital Management Llc sold 2.51 million shares as the company’s stock rose 35.27% while stock markets declined. The hedge fund run by Robert Jaffe held 419,819 shares of the department and specialty retail stores company at the end of 2018Q1, valued at $1.12M, down from 2.93 million at the end of the previous reported quarter. Force Capital Management Llc who had been investing in Sears Hldgs Corp for a number of months, seems to be less bullish one the $288.11M market cap company. The stock increased 8.57% or $0.21 during the last trading session, reaching $2.66. About 3.02M shares traded or 37.89% up from the average. Sears Holdings Corporation (NASDAQ:SHLD) has declined 58.84% since June 14, 2017 and is downtrending. It has underperformed by 71.41% the S&P500.

More notable recent Sears Holdings Corporation (NASDAQ:SHLD) news were published by: Nasdaq.com which released: “Mid-Afternoon Market Update: Fed Raises Interest Rates; Enphase Energy Shares Spike Higher” on June 13, 2018, also Fool.com with their article: “Craftsman Tools at Lowe’s: Bad News for Sears Holdings” published on May 20, 2018, Fool.com published: “Bad News for Sears Is Good News for JC Penney” on June 04, 2018. More interesting news about Sears Holdings Corporation (NASDAQ:SHLD) were released by: Nasdaq.com and their article: “2 Retail Stock Plays to Mix and Match” published on June 11, 2018 as well as Seekingalpha.com‘s news article titled: “Another EBITDA loss at Sears” with publication date: May 31, 2018.

Sears Holdings Corporation (NASDAQ:SHLD) Institutional Positions Chart

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