iShares CMBS ETF
CMBS
63 hedge funds and large institutions have $232M invested in iShares CMBS ETF in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
16% more capital invested
Capital invested by funds: $200M → $232M (+$32.9M)
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
9.4% more ownership
Funds ownership: 47.92% → 57.33% (+9.4%)
9% more funds holding
Funds holding: 58 → 63 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$31.8M |
| 2 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$11.4M |
| 3 |
LPL Financial
San Diego,
California
|
+$9.31M |
| 4 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$6.7M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$32.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.47M |
| 3 |
Jane Street
New York
|
-$2.69M |
| 4 |
BlackRock
New York
|
-$2.45M |
| 5 |
WA
WESPAC Advisors
Orinda,
California
|
-$2M |
CMBS Hedge Fund Activity: Q1 2020 in Review
63 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in iShares CMBS ETF (CMBS) for Q1 2020, worth a combined $232M — up 16% from $200M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CMBS positions and 12 closed out — a net gain of 8 holders — while 20 added to existing stakes and 18 trimmed.
The largest buyer was Charles Schwab, opening a new position worth an estimated $31.8M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $32.8M sold.
- 63 institutional investors held iShares CMBS ETF (CMBS) as of Q1 2020, up from 58 in Q4 2019.
- Funds reported $232M of iShares CMBS ETF stock for Q1 2020, up 16% quarter-over-quarter.
- 20 funds opened new iShares CMBS ETF positions in Q1 2020 and 12 closed out, a net change of +8 holders.
- The largest iShares CMBS ETF buyer in Q1 2020 was Charles Schwab, an estimated $31.8M added.
- The largest iShares CMBS ETF seller in Q1 2020 was Charles Schwab Investment Advisory, an estimated $32.8M sold.
Based on aggregated 13F filings for Q1 2020.