CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest
CBL.PRE
CBL.PRE was delisted on the 2nd of November, 2020.
3 hedge funds and large institutions have $2.11M invested in CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 3 closing their positions.
289% more capital invested
Capital invested by funds: $543K → $2.11M (+$1.57M)
25% less funds holding
Funds holding: 4 → 3 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
+$1.73M |
| 2 |
QSS
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
|
+$454K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
-$428K |
| 2 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
-$65K |
| 3 |
PG
Patten Group
Chattanooga,
Tennessee
|
-$25K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$11.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
1
Securian Asset Management
St Paul,
Minnesota
| $1.67M | +$1.73M | +75,524 | New |
|
|
QSS
2
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| $437K | +$454K | +19,814 | New |
|
|
3
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $11K | -$11.5K | -500 | -50% |
|
|
KIA
4
KCM Investment Advisors
Greenbrae,
California
| – | -$428K | -17,432 | Closed |
|
|
SOAMC
5
Spirit of America Management Corp
Syosset,
New York
| – | -$65K | -2,640 | Closed |
|
|
PG
6
Patten Group
Chattanooga,
Tennessee
| – | -$25K | -1,000 | Closed |
|
CBL.PRE Hedge Fund Activity: Q4 2017 in Review
3 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest (CBL.PRE) for Q4 2017, worth a combined $2.11M — up 289% from $543K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CBL.PRE and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was Securian Asset Management, opening a new position worth an estimated $1.73M. The largest seller was KCM Investment Advisors, exiting entirely with an estimated $428K sold.
- 3 institutional investors held CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest (CBL.PRE) as of Q4 2017, down from 4 in Q3 2017.
- Funds reported $2.11M of CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest stock for Q4 2017, up 289% quarter-over-quarter.
- 2 funds opened new CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest positions in Q4 2017 and 3 closed out, a net change of -1 holder.
- The largest CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest buyer in Q4 2017 was Securian Asset Management, an estimated $1.73M added.
- The largest CBL & ASSOCIATES PROPERTIES, INC. Depository Shares, each representing a 1/10th fractional Interest seller in Q4 2017 was KCM Investment Advisors, an estimated $428K sold.
Based on aggregated 13F filings for Q4 2017.