American Assets Trust
147 hedge funds and large institutions have $1.42B invested in American Assets Trust in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 53 increasing their positions, 59 reducing their positions, and 12 closing their positions.
10% more capital invested
Capital invested by funds: $1.3B → $1.42B (+$125M)
2.38% more ownership
Funds ownership: 102.03% → 104.4% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 152 → 147 (-5)
10% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 59
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$33.2M |
| 2 |
Cohen & Steers
New York
|
+$26.8M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$7.65M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$6.72M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Adelante Capital Management
Alameda,
California
|
-$19.9M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$6.25M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$6.05M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$5.03M |
| 5 |
CCM
Chilton Capital Management
Houston,
Texas
|
-$3.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MNA
151
Manning & Napier Advisors
Fairport,
New York
| – | -$2.02M | -64,370 | Closed |
|
|
NFA
152
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$1.97M | -62,516 | Closed |
|
153
Millennium Management
New York
| – | -$1.61M | -51,387 | Closed |
|
154
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$1.53M | -48,669 | Closed |
|
|
QSS
155
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$912K | -28,615 | Closed |
|
|
MTB
156
Mizuho Trust & Banking
Tokyo,
Japan
| – | -$325K | -10,335 | Closed |
|
157
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$321K | -10,215 | Closed |
|
|
PAM
158
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$232K | -7,383 | Closed |
|
|
PSI
159
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$75K | -2,380 | Closed |
|
AAT Hedge Fund Activity: Q1 2014 in Review
147 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in American Assets Trust (AAT) for Q1 2014, worth a combined $1.42B — up 9.6% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of AAT and 9 opened new positions — a net loss of 3 holders — while 59 trimmed existing stakes and 53 added.
The largest buyer was Bank of New York Mellon, adding an estimated $33.2M. The largest seller was Adelante Capital Management, cutting an estimated $19.9M.
- 147 institutional investors held American Assets Trust (AAT) as of Q1 2014, down from 152 in Q4 2013.
- Funds reported $1.42B of American Assets Trust stock for Q1 2014, up 9.6% quarter-over-quarter.
- 9 funds opened new American Assets Trust positions in Q1 2014 and 12 closed out, a net change of -3 holders.
- The largest American Assets Trust buyer in Q1 2014 was Bank of New York Mellon, an estimated $33.2M added.
- The largest American Assets Trust seller in Q1 2014 was Adelante Capital Management, an estimated $19.9M sold.
Based on aggregated 13F filings for Q1 2014.