Apartment Income REIT Corp.
AIRC
AIRC was delisted on the 27th of June, 2024.
267 hedge funds and large institutions have $4.63B invested in Apartment Income REIT Corp. in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 104 increasing their positions, 102 reducing their positions, and 52 closing their positions.
38% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $801K
2% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 102
12% less funds holding
Funds holding: 304 → 267 (-37)
16% less capital invested
Capital invested by funds: $5.49B → $4.63B (-$859M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
65% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$49.9M |
| 2 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
+$34.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$23.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$21M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$78.9M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$41.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$40.5M |
| 4 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$37.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$25M |
AIRC Hedge Fund Activity: Q3 2023 in Review
267 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Apartment Income REIT Corp. (AIRC) for Q3 2023, worth a combined $4.63B — down 16% from $5.49B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of AIRC and 18 opened new positions — a net loss of 34 holders — while 102 trimmed existing stakes and 104 added.
The largest buyer was JP Morgan Chase, adding an estimated $49.9M. The largest seller was Cohen & Steers, cutting an estimated $78.9M.
- 267 institutional investors held Apartment Income REIT Corp. (AIRC) as of Q3 2023, down from 304 in Q2 2023.
- Funds reported $4.63B of Apartment Income REIT Corp. stock for Q3 2023, down 16% quarter-over-quarter.
- 18 funds opened new Apartment Income REIT Corp. positions in Q3 2023 and 52 closed out, a net change of -34 holders.
- The largest Apartment Income REIT Corp. buyer in Q3 2023 was JP Morgan Chase, an estimated $49.9M added.
- The largest Apartment Income REIT Corp. seller in Q3 2023 was Cohen & Steers, an estimated $78.9M sold.
Based on aggregated 13F filings for Q3 2023.