CBL Properties
CBL
190 hedge funds and large institutions have $890M invested in CBL Properties in 2025 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 76 increasing their positions, 54 reducing their positions, and 13 closing their positions.
4,531% more call options, than puts
Call options by funds: $6.02M | Put options by funds: $130K
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 54
22% more capital invested
Capital invested by funds: $729M → $890M (+$161M)
7% more funds holding
Funds holding: 178 → 190 (+12)
1.35% more ownership
Funds ownership: 77.04% → 78.39% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$6.13M |
| 2 |
Millennium Management
New York
|
+$3.48M |
| 3 |
BlackRock
New York
|
+$3.31M |
| 4 |
Bank of New York Mellon
New York
|
+$2.83M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$15.9M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.75M |
| 4 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$1.56M |
| 5 |
Two Sigma Investments
New York
|
-$1.45M |
CBL Hedge Fund Activity: Q4 2025 in Review
190 institutional investors reported a position in CBL Properties (CBL) for Q4 2025, worth a combined $890M — up 22% from $729M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CBL positions and 13 closed out — a net gain of 15 holders — while 76 added to existing stakes and 54 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $6.13M. The largest seller was Oaktree Capital Management, cutting an estimated $15.9M.
- 190 institutional investors held CBL Properties (CBL) as of Q4 2025, up from 178 in Q3 2025.
- Funds reported $890M of CBL Properties stock for Q4 2025, up 22% quarter-over-quarter.
- 28 funds opened new CBL Properties positions in Q4 2025 and 13 closed out, a net change of +15 holders.
- The largest CBL Properties buyer in Q4 2025 was Allianz Asset Management, an estimated $6.13M added.
- The largest CBL Properties seller in Q4 2025 was Oaktree Capital Management, an estimated $15.9M sold.
Based on aggregated 13F filings for Q4 2025.