CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of
CBL.PRD
CBL.PRD was delisted on the 2nd of November, 2020.
5 hedge funds and large institutions have $4.39M invested in CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 2 closing their positions.
170% more capital invested
Capital invested by funds: $1.63M → $4.39M (+$2.76M)
17% less funds holding
Funds holding: 6 → 5 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
REMS
Real Estate Management Services
|
+$3.17M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$37.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Barnett & Company
Chattanooga,
Tennessee
|
-$496K |
| 2 |
PG
Patten Group
Chattanooga,
Tennessee
|
-$7.59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
REMS
1
Real Estate Management Services
| $3.25M | +$3.17M | +131,334 | New |
|
|
ECM
2
EII Capital Management
New York
| $663K | – | – | – |
|
|
3
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $335K | +$37.7K | +1,560 | +13% |
|
|
SOAMC
4
Spirit of America Management Corp
Syosset,
New York
| $119K | – | – | – |
|
|
GT
5
Glenmede Trust
Philadelphia,
Pennsylvania
| $22K | – | – | – |
|
|
BC
6
Barnett & Company
Chattanooga,
Tennessee
| – | -$496K | -19,616 | Closed |
|
|
PG
7
Patten Group
Chattanooga,
Tennessee
| – | -$7.59K | -300 | Closed |
|
CBL.PRD Hedge Fund Activity: Q1 2016 in Review
5 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of (CBL.PRD) for Q1 2016, worth a combined $4.39M — up 170% from $1.63M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CBL.PRD and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.
The largest buyer was Real Estate Management Services, opening a new position worth an estimated $3.17M. The largest seller was Barnett & Company, exiting entirely with an estimated $496K sold.
- 5 institutional investors held CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of (CBL.PRD) as of Q1 2016, down from 6 in Q4 2015.
- Funds reported $4.39M of CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of stock for Q1 2016, up 170% quarter-over-quarter.
- 1 fund opened new CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of positions in Q1 2016 and 2 closed out, a net change of -1 holder.
- The largest CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of buyer in Q1 2016 was Real Estate Management Services, an estimated $3.17M added.
- The largest CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of seller in Q1 2016 was Barnett & Company, an estimated $496K sold.
Based on aggregated 13F filings for Q1 2016.