iShares CMBS ETF
CMBS
28 hedge funds and large institutions have $48.3M invested in iShares CMBS ETF in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
4.92% less ownership
Funds ownership: 59.86% → 54.93% (-4.9%)
7% less funds holding
Funds holding: 30 → 28 (-2)
10% less capital invested
Capital invested by funds: $53.5M → $48.3M (-$5.26M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Callan Capital
La Jolla,
California
|
+$661K |
| 2 |
Morgan Stanley
New York
|
+$517K |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$402K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$387K |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGAM
Steinberg Global Asset Management
Boca Raton,
Florida
|
-$2.71M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.26M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.43M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$878K |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$502K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| $13K | -$103 | -2 | -0.8% |
|
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | -$2.26M | -43,958 | -100% |
|
28
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | +$1.28K | +25 | New |
|
|
SGAM
29
Steinberg Global Asset Management
Boca Raton,
Florida
| – | -$2.71M | -53,027 | Closed |
|
|
GLA
30
Great Lakes Advisors
Chicago,
Illinois
| – | -$502K | -9,811 | Closed |
|
|
VKH
31
Virtu KCG Holdings
New York
| – | -$310K | -6,055 | Closed |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$3K | -57 | Closed |
|
|
MFS
33
MSI Financial Services
Springfield,
Massachusetts
| – | -$3K | -50 | Closed |
|
|
NES
34
New England Securities
New York
| – | -$1K | -23 | Closed |
|
CMBS Hedge Fund Activity: Q2 2014 in Review
28 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in iShares CMBS ETF (CMBS) for Q2 2014, worth a combined $48.3M — down 9.8% from $53.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CMBS and 4 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 10 added.
The largest buyer was Callan Capital, adding an estimated $661K. The largest seller was Steinberg Global Asset Management, exiting entirely with an estimated $2.71M sold.
- 28 institutional investors held iShares CMBS ETF (CMBS) as of Q2 2014, down from 30 in Q1 2014.
- Funds reported $48.3M of iShares CMBS ETF stock for Q2 2014, down 9.8% quarter-over-quarter.
- 4 funds opened new iShares CMBS ETF positions in Q2 2014 and 6 closed out, a net change of -2 holders.
- The largest iShares CMBS ETF buyer in Q2 2014 was Callan Capital, an estimated $661K added.
- The largest iShares CMBS ETF seller in Q2 2014 was Steinberg Global Asset Management, an estimated $2.71M sold.
Based on aggregated 13F filings for Q2 2014.