Elme Communities
ELME
226 hedge funds and large institutions have $1.23B invested in Elme Communities in 2024 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 78 increasing their positions, 75 reducing their positions, and 31 closing their positions.
10% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 31
4% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 75
0.84% more ownership
Funds ownership: 86.66% → 87.5% (+0.84%)
0% more funds holding
Funds holding: 225 → 226 (+1)
3% less capital inflows, than outflows
Capital inflows: $115M | Capital outflows: $120M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
87% less call options, than puts
Call options by funds: $182K | Put options by funds: $1.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
HGI Capital Management
New York
|
+$22.3M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$16.6M |
| 3 |
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$13.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.88M |
| 5 |
DG
DigitalBridge Group
Boca Raton,
Florida
|
+$7.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
-$24.6M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$15.5M |
| 3 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$13.7M |
| 4 |
Millennium Management
New York
|
-$11.5M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$8.09M |
ELME Hedge Fund Activity: Q2 2024 in Review
226 of the 6,940 institutional investors tracked by Wall St. Rank reported a position in Elme Communities (ELME) for Q2 2024, worth a combined $1.23B — up 13% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ELME positions and 31 closed out — a net gain of 3 holders — while 78 added to existing stakes and 75 trimmed.
The largest buyer was HGI Capital Management, adding an estimated $22.3M. The largest seller was Ranger Global Real Estate Advisors, exiting entirely with an estimated $24.6M sold.
- 226 institutional investors held Elme Communities (ELME) as of Q2 2024, up from 225 in Q1 2024.
- Funds reported $1.23B of Elme Communities stock for Q2 2024, up 13% quarter-over-quarter.
- 34 funds opened new Elme Communities positions in Q2 2024 and 31 closed out, a net change of +3 holders.
- The largest Elme Communities buyer in Q2 2024 was HGI Capital Management, an estimated $22.3M added.
- The largest Elme Communities seller in Q2 2024 was Ranger Global Real Estate Advisors, an estimated $24.6M sold.
Based on aggregated 13F filings for Q2 2024.