Diversified Real Asset Income Fd
DRA
DRA was delisted on the 8th of September, 2017.
57 hedge funds and large institutions have $78.5M invested in Diversified Real Asset Income Fd in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 12 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $82.4M → $78.5M (-$3.95M)
10% less funds holding
Funds holding: 63 → 57 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$1.89M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.47M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.46M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.42M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$977K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$4.93M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.23M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$2.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.96M |
| 5 |
RVPG
Relative Value Partners Group
|
-$1.5M |
DRA Hedge Fund Activity: Q1 2016 in Review
57 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Diversified Real Asset Income Fd (DRA) for Q1 2016, worth a combined $78.5M — down 4.8% from $82.4M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DRA and 6 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 22 added.
The largest buyer was Roumell Asset Management, adding an estimated $1.89M. The largest seller was Bulldog Investors, exiting entirely with an estimated $4.93M sold.
- 57 institutional investors held Diversified Real Asset Income Fd (DRA) as of Q1 2016, down from 63 in Q4 2015.
- Funds reported $78.5M of Diversified Real Asset Income Fd stock for Q1 2016, down 4.8% quarter-over-quarter.
- 6 funds opened new Diversified Real Asset Income Fd positions in Q1 2016 and 12 closed out, a net change of -6 holders.
- The largest Diversified Real Asset Income Fd buyer in Q1 2016 was Roumell Asset Management, an estimated $1.89M added.
- The largest Diversified Real Asset Income Fd seller in Q1 2016 was Bulldog Investors, an estimated $4.93M sold.
Based on aggregated 13F filings for Q1 2016.