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iShares CMBS ETF

80 hedge funds and large institutions have $296M invested in iShares CMBS ETF in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 23 increasing their positions, 31 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 16

5% more funds holding

Funds holding: 7680 (+4)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

6% less capital invested

Capital invested by funds: $315M → $296M (-$19.7M)

6.66% less ownership

Funds ownership: 59.67%53.01% (-6.7%)

26% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 31

Holders
80
Holders Change
+4
Holders Change %
+5.26%
% of All Funds
1.27%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
21
Increased
23
Reduced
31
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$69.6M +$5.83M +125,078 +9%
PFO
2
Pathstone Family Office
New Jersey
$27.8M -$6.89M -148,000 -20%
BWM
3
BerganKDV Wealth Management
Minnesota
$23M +$1.27M +27,179 +6%
UBS Group
4
UBS Group
Switzerland
$18.8M -$1.23M -26,385 -6%
TIM
5
Tortoise Investment Management
New York
$15.4M -$393K -8,440 -2%
Wells Fargo
6
Wells Fargo
California
$14.7M -$9.4M -201,942 -39%
D
7
Diversified
Delaware
$14.1M +$14.3M +306,023 New
Bank of America
8
Bank of America
North Carolina
$14.1M -$804K -17,273 -5%
GC
9
Guggenheim Capital
Illinois
$12.3M -$1.84M -39,433 -13%
KF
10
Krilogy Financial
Missouri
$11.8M +$11.9M +256,026 New
Jane Street
11
Jane Street
New York
$10.1M -$5.1M -109,530 -33%
LPL Financial
12
LPL Financial
California
$8.06M -$5.24M -112,618 -39%
AWM
13
AE Wealth Management
Kansas
$7.89M +$1.18M +25,301 +17%
PJSIMP
14
P.J. Schmidt Investment Management (PJS)
Wisconsin
$6.39M +$1.53M +32,780 +32%
Ameriprise
15
Ameriprise
Minnesota
$5.76M +$1.79M +38,484 +45%
FA
16
Fermata Advisors
California
$3.06M -$1.12M -24,052 -27%
API
17
Advisor Partners II
California
$2.13M +$2.15M +46,210 New
Franklin Resources
18
Franklin Resources
California
$2.12M +$133K +2,863 +7%
IWP
19
Insight Wealth Partners
Texas
$2.07M +$6.05K +130 +0.3%
LWM
20
Laidlaw Wealth Management
New York
$1.89M +$304K +6,529 +19%
BlackRock
21
BlackRock
New York
$1.8M +$195K +4,189 +12%
AA
22
Advisory Alpha
Michigan
$1.77M -$163K -3,492 -8%
Osaic Holdings
23
Osaic Holdings
Arizona
$1.61M +$830K +17,812 +105%
First Trust Advisors
24
First Trust Advisors
Illinois
$1.44M -$50.3K -1,079 -3%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$1.29M +$420K +9,011 +48%

CMBS Hedge Fund Activity: Q1 2023 in Review

80 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares CMBS ETF (CMBS) for Q1 2023, worth a combined $296M — down 6.3% from $315M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new CMBS positions and 16 closed out — a net gain of 5 holders — while 23 added to existing stakes and 31 trimmed.

The largest buyer was Diversified, opening a new position worth an estimated $14.3M. The largest seller was Wealthcare Advisory Partners, cutting an estimated $17.1M.

  • 80 institutional investors held iShares CMBS ETF (CMBS) as of Q1 2023, up from 76 in Q4 2022.
  • Funds reported $296M of iShares CMBS ETF stock for Q1 2023, down 6.3% quarter-over-quarter.
  • 21 funds opened new iShares CMBS ETF positions in Q1 2023 and 16 closed out, a net change of +5 holders.
  • The largest iShares CMBS ETF buyer in Q1 2023 was Diversified, an estimated $14.3M added.
  • The largest iShares CMBS ETF seller in Q1 2023 was Wealthcare Advisory Partners, an estimated $17.1M sold.

Based on aggregated 13F filings for Q1 2023.