iShares CMBS ETF
CMBS
55 hedge funds and large institutions have $242M invested in iShares CMBS ETF in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 31 increasing their positions, 10 reducing their positions, and 3 closing their positions.
210% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 10
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
40% more capital invested
Capital invested by funds: $173M → $242M (+$69M)
5.4% more ownership
Funds ownership: 72.87% → 78.27% (+5.4%)
4% more funds holding
Funds holding: 53 → 55 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAS
Sage Advisory Services
Austin,
Texas
|
+$12M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$11.4M |
| 3 |
FA
FDx Advisors
Chicago,
Illinois
|
+$7.31M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$6.34M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$5.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.72M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$1.47M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$537K |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$465K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$412K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3K | +$3.4K | +65 | New |
|
|
VIA
52
Vantage Investment Advisors
State College,
Pennsylvania
| $2K | +$1.83K | +35 | New |
|
|
WAM
53
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $1K | – | – | – |
|
|
UCFA
54
United Capital Financial Advisors
Irving,
Texas
| – | -$537K | -10,320 | Closed |
|
|
GC
55
Guggenheim Capital
Chicago,
Illinois
| – | -$412K | -7,927 | Closed |
|
|
AIG
56
American International Group
New York
| – | -$4K | -89 | Closed |
|
CMBS Hedge Fund Activity: Q2 2016 in Review
55 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares CMBS ETF (CMBS) for Q2 2016, worth a combined $242M — up 40% from $173M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CMBS positions and 3 closed out — a net gain of 2 holders — while 31 added to existing stakes and 10 trimmed.
The largest buyer was Sage Advisory Services, adding an estimated $12M. The largest seller was Jane Street, cutting an estimated $3.72M.
- 55 institutional investors held iShares CMBS ETF (CMBS) as of Q2 2016, up from 53 in Q1 2016.
- Funds reported $242M of iShares CMBS ETF stock for Q2 2016, up 40% quarter-over-quarter.
- 5 funds opened new iShares CMBS ETF positions in Q2 2016 and 3 closed out, a net change of +2 holders.
- The largest iShares CMBS ETF buyer in Q2 2016 was Sage Advisory Services, an estimated $12M added.
- The largest iShares CMBS ETF seller in Q2 2016 was Jane Street, an estimated $3.72M sold.
Based on aggregated 13F filings for Q2 2016.