iShares CMBS ETF
CMBS
43 hedge funds and large institutions have $166M invested in iShares CMBS ETF in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 14 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
2% more capital invested
Capital invested by funds: $163M → $166M (+$3.55M)
0.21% less ownership
Funds ownership: 51.85% → 51.64% (-0.21%)
12% less funds holding
Funds holding: 49 → 43 (-6)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$13.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.95M |
| 3 |
EWF
Epstein & White Financial
San Diego,
California
|
+$1.2M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.09M |
| 5 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.08M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.88M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
-$1.68M |
| 4 |
HJA
Hugh Johnson Advisors
Albany,
New York
|
-$1.67M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| – | -$87.5K | -1,757 | Closed |
|
|
CFA
52
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$12K | -251 | Closed |
|
|
GWM
53
Geneos Wealth Management
Englewood,
Colorado
| – | -$6K | -130 | Closed |
|
|
APA
54
American Portfolios Advisors
Holbrook,
New York
| – | -$5.03K | -101 | Closed |
|
|
M
55
MOTCO
San Antonio,
Texas
| – | +$99 | +2 | New |
|
CMBS Hedge Fund Activity: Q4 2018 in Review
43 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares CMBS ETF (CMBS) for Q4 2018, worth a combined $166M — up 2.2% from $163M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CMBS and 9 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 15 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $13.3M. The largest seller was Jane Street, exiting entirely with an estimated $6.08M sold.
- 43 institutional investors held iShares CMBS ETF (CMBS) as of Q4 2018, down from 49 in Q3 2018.
- Funds reported $166M of iShares CMBS ETF stock for Q4 2018, up 2.2% quarter-over-quarter.
- 9 funds opened new iShares CMBS ETF positions in Q4 2018 and 14 closed out, a net change of -5 holders.
- The largest iShares CMBS ETF buyer in Q4 2018 was Charles Schwab Investment Advisory, an estimated $13.3M added.
- The largest iShares CMBS ETF seller in Q4 2018 was Jane Street, an estimated $6.08M sold.
Based on aggregated 13F filings for Q4 2018.