Government Properties Income Trust
GOV
GOV was delisted on the 31st of December, 2018.
187 hedge funds and large institutions have $967M invested in Government Properties Income Trust in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 77 increasing their positions, 62 reducing their positions, and 25 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 62
8% more capital invested
Capital invested by funds: $895M → $967M (+$71.2M)
9% more call options, than puts
Call options by funds: $6.94M | Put options by funds: $6.37M
9% less funds holding
Funds holding: 206 → 187 (-19)
48% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$145M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$10.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$8.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.79M |
| 5 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$28.9M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$10.8M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$4.09M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.07M |
| 5 |
Morgan Stanley
New York
|
-$2.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
HSBC Holdings
London,
United Kingdom
| – | -$353K | -18,549 | Closed |
|
|
BPM
202
Bowling Portfolio Management
Cincinnati,
Ohio
| – | -$314K | -16,476 | Closed |
|
|
TRCT
203
Tower Research Capital (TRC)
New York
| – | -$282K | -14,767 | Closed |
|
204
SG Americas Securities
New York
| – | -$261K | -13,666 | Closed |
|
|
SBIA
205
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$225K | -11,810 | Closed |
|
206
M&T Bank
Buffalo,
New York
| – | -$222K | -11,690 | Closed |
|
|
SB
207
Suntrust Banks
Atlanta,
Georgia
| – | -$219K | -11,514 | Closed |
|
|
N
208
Natixis
Paris,
France
| – | -$218K | -11,453 | Closed |
|
209
D.E. Shaw & Co
New York
| – | -$202K | -10,604 | Closed |
|
|
PM
210
Parametrica Management
Wanchai,
Hong Kong
| – | -$196K | -10,280 | Closed |
|
|
IR
211
Invictus RG
Hamilton,
Bermuda
| – | -$111K | -5,832 | Closed |
|
|
OMCS
212
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$97K | -5,100 | Closed |
|
213
Envestnet Asset Management
Chicago,
Illinois
| – | -$10.8K | -540 | -100% |
|
GOV Hedge Fund Activity: Q1 2017 in Review
187 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Government Properties Income Trust (GOV) for Q1 2017, worth a combined $967M — up 8% from $895M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of GOV and 13 opened new positions — a net loss of 12 holders — while 62 trimmed existing stakes and 77 added.
The largest buyer was BlackRock, adding an estimated $145M. The largest seller was Huber Capital Management, cutting an estimated $28.9M.
- 187 institutional investors held Government Properties Income Trust (GOV) as of Q1 2017, down from 206 in Q4 2016.
- Funds reported $967M of Government Properties Income Trust stock for Q1 2017, up 8% quarter-over-quarter.
- 13 funds opened new Government Properties Income Trust positions in Q1 2017 and 25 closed out, a net change of -12 holders.
- The largest Government Properties Income Trust buyer in Q1 2017 was BlackRock, an estimated $145M added.
- The largest Government Properties Income Trust seller in Q1 2017 was Huber Capital Management, an estimated $28.9M sold.
Based on aggregated 13F filings for Q1 2017.