iShares CMBS ETF
CMBS
65 hedge funds and large institutions have $277M invested in iShares CMBS ETF in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 15 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
87% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 15
12% more funds holding
Funds holding: 58 → 65 (+7)
6.24% less ownership
Funds ownership: 65.16% → 58.92% (-6.2%)
11% less capital invested
Capital invested by funds: $313M → $277M (-$35.8M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$13.1M |
| 2 |
RVPG
Relative Value Partners Group
|
+$10.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.74M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.67M |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Angeles Investment Advisors
Santa Monica,
California
|
-$41.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$20.7M |
| 3 |
Jane Street
New York
|
-$16M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$595K |
| 5 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$389K |
CMBS Hedge Fund Activity: Q4 2020 in Review
65 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in iShares CMBS ETF (CMBS) for Q4 2020, worth a combined $277M — down 11% from $313M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CMBS positions and 5 closed out — a net gain of 8 holders — while 28 added to existing stakes and 15 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $13.1M. The largest seller was Angeles Investment Advisors, exiting entirely with an estimated $41.4M sold.
- 65 institutional investors held iShares CMBS ETF (CMBS) as of Q4 2020, up from 58 in Q3 2020.
- Funds reported $277M of iShares CMBS ETF stock for Q4 2020, down 11% quarter-over-quarter.
- 13 funds opened new iShares CMBS ETF positions in Q4 2020 and 5 closed out, a net change of +8 holders.
- The largest iShares CMBS ETF buyer in Q4 2020 was Eaton Vance Management, an estimated $13.1M added.
- The largest iShares CMBS ETF seller in Q4 2020 was Angeles Investment Advisors, an estimated $41.4M sold.
Based on aggregated 13F filings for Q4 2020.