Elme Communities
ELME
213 hedge funds and large institutions have $1.84B invested in Elme Communities in 2018 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 63 increasing their positions, 69 reducing their positions, and 27 closing their positions.
11% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 27
1.62% more ownership
Funds ownership: 84.17% → 85.8% (+1.6%)
1% more funds holding
Funds holding: 210 → 213 (+3)
9% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 69
11% less capital invested
Capital invested by funds: $2.06B → $1.84B (-$218M)
14% less call options, than puts
Call options by funds: $1.25M | Put options by funds: $1.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$18.6M |
| 2 |
JP Morgan Chase
New York
|
+$13.4M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$13.3M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$5.95M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$16.2M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$15.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$14.8M |
| 4 |
Axa
Paris,
France
|
-$5.54M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$5.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
226
Davenport & Co
Richmond,
Virginia
| – | -$270K | -8,682 | Closed |
|
|
GCP
227
GSA Capital Partners
London,
United Kingdom
| – | -$257K | -8,269 | Closed |
|
|
TAM
228
Tocqueville Asset Management
New York
| – | -$224K | -7,205 | Closed |
|
|
BFC
229
Blue Fin Capital
Warren,
Rhode Island
| – | -$209K | -6,708 | Closed |
|
|
EVM
230
Eaton Vance Management
Boston,
Massachusetts
| – | -$209K | -6,700 | Closed |
|
|
B
231
Bellecapital
Zurich,
Switzerland
| – | -$205K | -6,600 | Closed |
|
|
MSS
232
Mitchell Sinkler & Starr
Philadelphia,
Pennsylvania
| – | -$205K | -6,585 | Closed |
|
|
KI
233
Koch Industries
Wichita,
Kansas
| – | -$204K | -6,556 | Closed |
|
234
Jones Financial Companies
Des Peres,
Missouri
| – | -$201K | -6,471 | Closed |
|
235
First Manhattan
New York
| – | -$124K | -4,000 | Closed |
|
|
II
236
Inspire Investing
Meridian,
Idaho
| – | -$53K | -1,716 | Closed |
|
|
LA
237
Legacy Advisors
Plymouth Meeting,
Pennsylvania
| – | -$12K | -400 | Closed |
|
238
AssetMark Inc
Concord,
California
| – | -$1K | -23 | Closed |
|
ELME Hedge Fund Activity: Q1 2018 in Review
213 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Elme Communities (ELME) for Q1 2018, worth a combined $1.84B — down 11% from $2.06B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ELME positions and 27 closed out — a net gain of 3 holders — while 63 added to existing stakes and 69 trimmed.
The largest buyer was Heitman Real Estate Securities, opening a new position worth an estimated $18.6M. The largest seller was Millennium Management, exiting entirely with an estimated $16.2M sold.
- 213 institutional investors held Elme Communities (ELME) as of Q1 2018, up from 210 in Q4 2017.
- Funds reported $1.84B of Elme Communities stock for Q1 2018, down 11% quarter-over-quarter.
- 30 funds opened new Elme Communities positions in Q1 2018 and 27 closed out, a net change of +3 holders.
- The largest Elme Communities buyer in Q1 2018 was Heitman Real Estate Securities, an estimated $18.6M added.
- The largest Elme Communities seller in Q1 2018 was Millennium Management, an estimated $16.2M sold.
Based on aggregated 13F filings for Q1 2018.