Bluerock Private Real Estate Fund
BPRE
323 hedge funds and large institutions have $1.23B invested in Bluerock Private Real Estate Fund in 2026 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 104 increasing their positions, 144 reducing their positions, and 70 closing their positions.
19% more capital invested
Capital invested by funds: $1.03B → $1.23B (+$197M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
7% less funds holding
Funds holding: 349 → 323 (-26)
24% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 70
28% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 144
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWA
Midland Wealth Advisors
Effingham,
Illinois
|
+$41.6M |
| 2 |
SCM
Saba Capital Management
New York
|
+$28.2M |
| 3 |
Morgan Stanley
New York
|
+$21.7M |
| 4 |
PPW
Pasadena Private Wealth
Pasadena,
California
|
+$14.8M |
| 5 |
QPWM
Quadrant Private Wealth Management
Center Valley,
Pennsylvania
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$15.1M |
| 2 |
Jane Street
New York
|
-$14.6M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$14.6M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$8.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$7.23M |
BPRE Hedge Fund Activity: Q1 2026 in Review
323 of the 8,177 institutional investors tracked by Wall St. Rank reported a position in Bluerock Private Real Estate Fund (BPRE) for Q1 2026, worth a combined $1.23B — up 19% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of BPRE and 53 opened new positions — a net loss of 17 holders — while 144 trimmed existing stakes and 104 added.
The largest buyer was Midland Wealth Advisors, opening a new position worth an estimated $41.6M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $15.1M sold.
- 323 institutional investors held Bluerock Private Real Estate Fund (BPRE) as of Q1 2026, down from 349 in Q4 2025.
- Funds reported $1.23B of Bluerock Private Real Estate Fund stock for Q1 2026, up 19% quarter-over-quarter.
- 53 funds opened new Bluerock Private Real Estate Fund positions in Q1 2026 and 70 closed out, a net change of -17 holders.
- The largest Bluerock Private Real Estate Fund buyer in Q1 2026 was Midland Wealth Advisors, an estimated $41.6M added.
- The largest Bluerock Private Real Estate Fund seller in Q1 2026 was Rivernorth Capital Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2026.