iShares CMBS ETF
CMBS
30 hedge funds and large institutions have $53.5M invested in iShares CMBS ETF in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 5 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.27% less ownership
Funds ownership: 65.13% → 59.86% (-5.3%)
8% less capital invested
Capital invested by funds: $58.2M → $53.5M (-$4.63M)
9% less funds holding
Funds holding: 33 → 30 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.49M |
| 2 |
JG
Jefferies Group
New York
|
+$1.34M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$708K |
| 4 |
Jane Street
New York
|
+$528K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$503K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGAM
Steinberg Global Asset Management
Boca Raton,
Florida
|
-$6.57M |
| 2 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
-$2.46M |
| 3 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$879K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$210K |
| 5 |
MCM
Moore Capital Management
New York
|
-$204K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| $12K | +$2K | +39 | +19% |
|
27
Ameriprise
Minneapolis,
Minnesota
| $10K | – | – | – |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $3K | -$83.6K | -1,634 | -97% |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
NES
30
New England Securities
New York
| $1K | +$1.18K | +23 | New |
|
|
SAM
31
Stringer Asset Management
Memphis,
Tennessee
| – | -$2.46M | -48,103 | Closed |
|
|
SMM
32
Stadion Money Management
Watkinsville,
Georgia
| – | -$879K | -17,210 | Closed |
|
|
MCM
33
Moore Capital Management
New York
| – | -$204K | -4,000 | Closed |
|
34
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -48 | Closed |
|
|
DADC
35
D.A. Davidson & Co
Great Falls,
Montana
| – | -$1K | -38 | Closed |
|
CMBS Hedge Fund Activity: Q1 2014 in Review
30 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in iShares CMBS ETF (CMBS) for Q1 2014, worth a combined $53.5M — down 8% from $58.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CMBS and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.49M. The largest seller was Steinberg Global Asset Management, cutting an estimated $6.57M.
- 30 institutional investors held iShares CMBS ETF (CMBS) as of Q1 2014, down from 33 in Q4 2013.
- Funds reported $53.5M of iShares CMBS ETF stock for Q1 2014, down 8% quarter-over-quarter.
- 2 funds opened new iShares CMBS ETF positions in Q1 2014 and 5 closed out, a net change of -3 holders.
- The largest iShares CMBS ETF buyer in Q1 2014 was Susquehanna International Group, an estimated $1.49M added.
- The largest iShares CMBS ETF seller in Q1 2014 was Steinberg Global Asset Management, an estimated $6.57M sold.
Based on aggregated 13F filings for Q1 2014.