iShares CMBS ETF
CMBS
76 hedge funds and large institutions have $239M invested in iShares CMBS ETF in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 33 reducing their positions, and 13 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8.3% more ownership
Funds ownership: 55.94% → 64.24% (+8.3%)
3% less capital invested
Capital invested by funds: $245M → $239M (-$6.33M)
5% less funds holding
Funds holding: 80 → 76 (-4)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
30% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 33
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $206K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$16.7M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$5M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.6M |
| 4 |
CBT
Central Bank & Trust
Lexington,
Kentucky
|
+$1.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$726K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
-$20.1M |
| 2 |
Jane Street
New York
|
-$14M |
| 3 |
Morgan Stanley
New York
|
-$13M |
| 4 |
KF
Krilogy Financial
St. Louis,
Missouri
|
-$5.45M |
| 5 |
PJSIMP
P.J. Schmidt Investment Management (PJS)
Cedarburg,
Wisconsin
|
-$3.36M |
CMBS Hedge Fund Activity: Q4 2023 in Review
76 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares CMBS ETF (CMBS) for Q4 2023, worth a combined $239M — down 2.6% from $245M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CMBS and 11 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 23 added.
The largest buyer was Ameriprise, adding an estimated $16.7M. The largest seller was D.J. St. Germain, cutting an estimated $20.1M.
- 76 institutional investors held iShares CMBS ETF (CMBS) as of Q4 2023, down from 80 in Q3 2023.
- Funds reported $239M of iShares CMBS ETF stock for Q4 2023, down 2.6% quarter-over-quarter.
- 11 funds opened new iShares CMBS ETF positions in Q4 2023 and 13 closed out, a net change of -2 holders.
- The largest iShares CMBS ETF buyer in Q4 2023 was Ameriprise, an estimated $16.7M added.
- The largest iShares CMBS ETF seller in Q4 2023 was D.J. St. Germain, an estimated $20.1M sold.
Based on aggregated 13F filings for Q4 2023.