Elme Communities
ELME
207 hedge funds and large institutions have $2.06B invested in Elme Communities in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 62 increasing their positions, 74 reducing their positions, and 29 closing their positions.
94% more call options, than puts
Call options by funds: $449K | Put options by funds: $232K
3% more capital invested
Capital invested by funds: $1.99B → $2.06B (+$69.1M)
2.79% less ownership
Funds ownership: 87.35% → 84.56% (-2.8%)
3% less funds holding
Funds holding: 214 → 207 (-7)
16% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 74
17% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.7M |
| 2 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$35.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$34.3M |
| 4 |
Cohen & Steers
New York
|
+$29.4M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$66.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$35.4M |
| 3 |
Bank of New York Mellon
New York
|
-$33.8M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$20M |
| 5 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$13.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FRM
226
Fox Run Management
Greenwich,
Connecticut
| – | -$324K | -10,400 | Closed |
|
|
GIM
227
Groesbeck Investment Management
Paramus,
New Jersey
| – | -$311K | -10,000 | Closed |
|
|
CAN
228
Cetera Advisor Networks
El Segundo,
California
| – | -$261K | -8,392 | Closed |
|
|
QT
229
Quantbot Technologies
New York
| – | -$254K | -8,185 | Closed |
|
230
Marshall Wace
London,
United Kingdom
| – | -$243K | -7,802 | Closed |
|
231
Teacher Retirement System of Texas
Austin,
Texas
| – | -$242K | -7,766 | Closed |
|
|
WIA
232
Westbourne Investment Advisors
Annapolis,
Maryland
| – | -$224K | -7,200 | Closed |
|
|
PA
233
Profund Advisors
Bethesda,
Maryland
| – | -$214K | -6,865 | Closed |
|
|
KA
234
Klingman & Associates
New York
| – | -$62K | -2,000 | Closed |
|
|
BC
235
Bartlett & Co
Cincinnati,
Ohio
| – | -$42K | -1,350 | Closed |
|
236
Lazard Asset Management
New York
| – | -$28K | -900 | Closed |
|
ELME Hedge Fund Activity: Q4 2016 in Review
207 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Elme Communities (ELME) for Q4 2016, worth a combined $2.06B — up 3.5% from $1.99B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ELME and 24 opened new positions — a net loss of 5 holders — while 74 trimmed existing stakes and 62 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $42.7M. The largest seller was Goldman Sachs, cutting an estimated $66.9M.
- 207 institutional investors held Elme Communities (ELME) as of Q4 2016, down from 214 in Q3 2016.
- Funds reported $2.06B of Elme Communities stock for Q4 2016, up 3.5% quarter-over-quarter.
- 24 funds opened new Elme Communities positions in Q4 2016 and 29 closed out, a net change of -5 holders.
- The largest Elme Communities buyer in Q4 2016 was Fidelity Investments, an estimated $42.7M added.
- The largest Elme Communities seller in Q4 2016 was Goldman Sachs, an estimated $66.9M sold.
Based on aggregated 13F filings for Q4 2016.