Elme Communities
ELME
218 hedge funds and large institutions have $1.06B invested in Elme Communities in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 88 increasing their positions, 70 reducing their positions, and 13 closing their positions.
368% more call options, than puts
Call options by funds: $173K | Put options by funds: $37K
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
26% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 70
4% more funds holding
Funds holding: 209 → 218 (+9)
0.76% less ownership
Funds ownership: 89.45% → 88.7% (-0.76%)
18% less capital invested
Capital invested by funds: $1.29B → $1.06B (-$228M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$18.1M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$8.68M |
| 3 |
ACM
Adelante Capital Management
Alameda,
California
|
+$7.55M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$6.58M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$4.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$21.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.5M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$10.6M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$5.94M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$5.89M |
ELME Hedge Fund Activity: Q3 2023 in Review
218 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Elme Communities (ELME) for Q3 2023, worth a combined $1.06B — down 18% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ELME positions and 13 closed out — a net gain of 10 holders — while 88 added to existing stakes and 70 trimmed.
The largest buyer was Centersquare Investment Management, adding an estimated $18.1M. The largest seller was Balyasny Asset Management, cutting an estimated $21.1M.
- 218 institutional investors held Elme Communities (ELME) as of Q3 2023, up from 209 in Q2 2023.
- Funds reported $1.06B of Elme Communities stock for Q3 2023, down 18% quarter-over-quarter.
- 23 funds opened new Elme Communities positions in Q3 2023 and 13 closed out, a net change of +10 holders.
- The largest Elme Communities buyer in Q3 2023 was Centersquare Investment Management, an estimated $18.1M added.
- The largest Elme Communities seller in Q3 2023 was Balyasny Asset Management, an estimated $21.1M sold.
Based on aggregated 13F filings for Q3 2023.