Magnetar group trims Wheeler Real Estate (WHLR) stake with stock sales
Rhea-AI Filing Summary
Magnetar-affiliated entities reported open-market sales of Wheeler Real Estate Investment Trust, Inc. common stock totaling 18,166 shares. The sales occurred on March 27, 30 and 31, 2026 at weighted average prices of about $1.04, $0.97 and $0.93 per share, respectively.
After the final transaction, 145,069 shares of common stock were reported as indirectly owned. The securities are held across various Magnetar investment vehicles managed by Magnetar Financial LLC, and Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman each disclaim beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Magnetar-related funds made modest net sales while retaining an indirect position.
The filing shows Magnetar-managed vehicles executed three open-market sales of Wheeler Real Estate Investment Trust common stock, totaling 18,166 shares across March 27–31, 2026. Reported weighted average sale prices ranged from about $0.93 to $1.04 per share.
Following these sales, 145,069 shares are reported as indirectly owned. The ownership chain runs through Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and ultimately to David J. Snyderman, but each party formally disclaims beneficial ownership beyond any pecuniary interest. No derivative positions are reported in this filing, and the transactions appear as routine portfolio activity rather than a transformative change.
Insider Trade Summary
Net Seller: 18,166 shares
Net Sell
3 txns
Insider
Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
18,166 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,378 | $0.9304 | $12K |
| Sale | Common Stock | 2,103 | $0.9723 | $2K |
| Sale | Common Stock | 3,685 | $1.0374 | $4K |
Holdings After Transaction:
Common Stock — 145,069 shares (Indirect, See Footnotes)
Footnotes (6)
- F1. Magnetar Financial LLC serves as (i) the investment manager to Magnetar Longhorn Fund LP, a Delaware limited partnership, Purpose Alternative Credit Fund - F LLC, a Delaware limited liability company, and Purpose Alternative Credit Fund - T LLC, a Delaware limited liability company, (ii) general partner of Magnetar Structured Credit Fund, LP, a Delaware limited partnership, and (iii) manager of Magnetar Lake Credit Fund LLC, a Delaware limited liability company (together with all of the vehicles in the foregoing clauses (i) and (ii), the "Magnetar Vehicles"), each of which holds a portion of the indicated securities. In such capacities, Magnetar Financial LLC exercises voting and investment power over the Common Stock acquired upon exercise of the Warrants by the Magnetar Vehicles.
- F2. Magnetar Capital Partners LP ("Magnetar Capital Partners"), a Delaware limited partnership, is the sole member and parent holding company of Magnetar Financial LLC. Supernova Management LLC ("Supernova Management"), a Delaware limited liability company, is the general partner of Magnetar Capital Partners. The current administrative manager of Supernova Management is David J. Snyderman, a citizen of the United States of America.
- F3. Each of the Magnetar Vehicles, Magnetar Financial LLC, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of Common Stock of the Issuer, except to the extent of its or his pecuniary interest therein.
- F4. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $1.02 to $1.05, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $0.94 to $1.05, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $0.93 to $0.94, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Total shares sold: 18,166 shares
Shares sold on March 27, 2026: 3,685 shares
Shares sold on March 30, 2026: 2,103 shares
+3 more
6 metrics
Total shares sold
18,166 shares
Net open-market sales across March 27–31, 2026
Shares sold on March 27, 2026
3,685 shares
Common Stock, weighted average price $1.0374
Shares sold on March 30, 2026
2,103 shares
Common Stock, weighted average price $0.9723
Shares sold on March 31, 2026
12,378 shares
Common Stock, weighted average price $0.9304
Indirect holdings after transactions
145,069 shares
Common Stock indirectly owned after March 31, 2026 sale
Highest intraday price range
$1.02–$1.05
Price range for one day’s multiple sale transactions
Key Terms
open-market sale, weighted average price, beneficial ownership, ten percent owner, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"disclaims beneficial ownership of these shares of Common Stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
ten percent owner financial
""is_ten_percent_owner": 1"
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein."
AI-generated analysis. How Rhea-AI works. Not financial advice.
