Diversified Healthcare Trust
DHC
306 hedge funds and large institutions have $3.42B invested in Diversified Healthcare Trust in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 110 increasing their positions, 119 reducing their positions, and 25 closing their positions.
44% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 25
3% more funds holding
Funds holding: 297 → 306 (+9)
3% less capital invested
Capital invested by funds: $3.53B → $3.42B (-$111M)
8% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 119
8% less call options, than puts
Call options by funds: $2.39M | Put options by funds: $2.6M
3.71% less ownership
Funds ownership: 85.02% → 81.31% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$86.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.9M |
| 4 |
SCM
Symons Capital Management
Pittsburgh,
Pennsylvania
|
+$14.6M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$75.3M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$50.6M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$49.6M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
-$48M |
| 5 |
Cohen & Steers
New York
|
-$47.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
326
Regal Investment Advisors
Kentwood,
Michigan
| – | -$20K | -915 | Closed |
|
|
PFO
327
Pathstone Family Office
Englewood,
New Jersey
| – | -$14K | -656 | Closed |
|
|
EWM
328
Elite Wealth Management
Kirkland,
Washington
| – | -$7K | -303 | Closed |
|
329
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -182 | Closed |
|
|
RFA
330
Reilly Financial Advisors
La Mesa,
California
| – | -$2K | -113 | Closed |
|
|
CGT
331
Capital Guardian Trust
Los Angeles,
California
| – | -$1K | -37 | Closed |
|
DHC Hedge Fund Activity: Q1 2014 in Review
306 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Diversified Healthcare Trust (DHC) for Q1 2014, worth a combined $3.42B — down 3.1% from $3.53B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new DHC positions and 25 closed out — a net gain of 11 holders — while 110 added to existing stakes and 119 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $86.4M. The largest seller was Invesco, cutting an estimated $75.3M.
- 306 institutional investors held Diversified Healthcare Trust (DHC) as of Q1 2014, up from 297 in Q4 2013.
- Funds reported $3.42B of Diversified Healthcare Trust stock for Q1 2014, down 3.1% quarter-over-quarter.
- 36 funds opened new Diversified Healthcare Trust positions in Q1 2014 and 25 closed out, a net change of +11 holders.
- The largest Diversified Healthcare Trust buyer in Q1 2014 was Morgan Stanley, an estimated $86.4M added.
- The largest Diversified Healthcare Trust seller in Q1 2014 was Invesco, an estimated $75.3M sold.
Based on aggregated 13F filings for Q1 2014.