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 $2.1M invested in CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
17% less funds holding
Funds holding: 6 → 5 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
80% less capital invested
Capital invested by funds: $10.7M → $2.1M (-$8.58M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IR
IAT Reinsurance
New York
|
+$846K |
| 2 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
+$3.38K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
REMS
Real Estate Management Services
|
-$9.47M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$21K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$2.42K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IR
1
IAT Reinsurance
New York
| $855K | +$846K | +35,000 | New |
|
|
ECM
2
EII Capital Management
New York
| $650K | – | – | – |
|
|
KIA
3
KCM Investment Advisors
Greenbrae,
California
| $370K | +$3.38K | +140 | +0.9% |
|
|
SOAMC
4
Spirit of America Management Corp
Syosset,
New York
| $117K | – | – | – |
|
|
5
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $107K | -$2.42K | -100 | -2% |
|
|
REMS
6
Real Estate Management Services
| – | -$9.47M | -407,224 | Closed |
|
|
GT
7
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$21K | -900 | Closed |
|
CBL.PRD Hedge Fund Activity: Q3 2017 in Review
5 of the 4,012 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 Q3 2017, worth a combined $2.1M — down 80% from $10.7M 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 1 trimmed existing stakes and 1 added.
The largest buyer was IAT Reinsurance, opening a new position worth an estimated $846K. The largest seller was Real Estate Management Services, exiting entirely with an estimated $9.47M sold.
- 5 institutional investors held CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of (CBL.PRD) as of Q3 2017, down from 6 in Q2 2017.
- Funds reported $2.1M of CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of stock for Q3 2017, down 80% quarter-over-quarter.
- 1 fund opened new CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of positions in Q3 2017 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 Q3 2017 was IAT Reinsurance, an estimated $846K added.
- The largest CBL& Associates Properties, Inc. Depositary Shares each representing a 1/10th fractional interest of seller in Q3 2017 was Real Estate Management Services, an estimated $9.47M sold.
Based on aggregated 13F filings for Q3 2017.