SITE Centers Corp. (SITC) reported operating results for the quarter ended June 30, 2026, including a second quarter net loss of $1.3 million, or $0.03 per diluted share, compared with net income of $46.5 million, or $0.88 per diluted share, in the year-ago period.
The company said year-to-date asset sales totaled approximately $167.8 million in aggregate gross sales prices, including five properties, a land parcel and a joint venture interest. SITE Centers held $238.9 million of unrestricted cash at June 30, 2026.
- Second quarter revenues were $7.0 million, compared with $31.1 million in the prior-year quarter.
- Operating FFO was a loss of $4.6 million, or $0.09 per diluted share, compared with income of $8.3 million, or $0.16 per diluted share, a year earlier.
- The company sold Meadowmont Crossings and the Pike Outlets for aggregate gross sales prices of $61.1 million during the quarter.
- SITE Centers declared a $1.00 per share special dividend that was paid on July 31, 2026.
- The leased rate was 82.5% at June 30, 2026, compared with 87.8% at Dec. 31, 2025, and 88.1% at June 30, 2025, on a pro rata basis.
- The company delivered a buy-sell notice under the DTP joint venture agreement on June 29, 2026, with a partner response required by Aug. 31, 2026 under the agreement.
$SITC Hedge Fund Activity
We have seen 78 institutional investors add shares of $SITC stock to their portfolio, and 84 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- COHEN & STEERS, INC. removed 2,594,190 shares (-96.9%) from their portfolio in Q1 2026, for an estimated $14,008,626
- SG AMERICAS SECURITIES, LLC added 1,442,755 shares (+176.0%) to their portfolio in Q1 2026, for an estimated $7,790,877
- MILLENNIUM MANAGEMENT LLC removed 1,185,803 shares (-94.3%) from their portfolio in Q1 2026, for an estimated $6,403,336
- QUBE RESEARCH & TECHNOLOGIES LTD added 1,072,695 shares (+289.1%) to their portfolio in Q1 2026, for an estimated $5,792,553
- TWO SIGMA INVESTMENTS, LP added 962,356 shares (+198.3%) to their portfolio in Q1 2026, for an estimated $5,196,722
- KORE ADVISORS LP added 797,109 shares (+inf%) to their portfolio in Q1 2026, for an estimated $4,304,388
- UNIVERSAL- BETEILIGUNGS- UND SERVICEGESELLSCHAFT MBH removed 654,465 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $3,534,111
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.