FlexShares Global Quality Real Estate Index Fund
GQRE
45 hedge funds and large institutions have $257M invested in FlexShares Global Quality Real Estate Index Fund in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 9 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.4% less ownership
Funds ownership: 90.24% → 86.84% (-3.4%)
6% less funds holding
Funds holding: 48 → 45 (-3)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
28% less capital invested
Capital invested by funds: $357M → $257M (-$99.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$6.9M |
| 2 |
ETS
ESL Trust Services
Rochester,
New York
|
+$2.94M |
| 3 |
CNBT
Cornerstone National Bank & Trust
Palatine,
Illinois
|
+$2.65M |
| 4 |
IF
IRON Financial
Northbrook,
Illinois
|
+$424K |
| 5 |
LPL Financial
San Diego,
California
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3D Asset Management
Hartford,
Connecticut
|
-$5.15M |
| 2 |
Jane Street
New York
|
-$4.21M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$3.05M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.62M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
MML Investors Services
Springfield,
Massachusetts
| – | -$217K | -3,346 | Closed |
|
|
HR
52
Hayden Royal
Charlotte,
North Carolina
| – | -$207K | -3,052 | Closed |
|
53
Wells Fargo
San Francisco,
California
| – | -$63K | -981 | Closed |
|
|
AIC
54
Ameritas Investment Company
Lincoln,
Nebraska
| – | +$302 | +5 | New |
|
GQRE Hedge Fund Activity: Q1 2020 in Review
45 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in FlexShares Global Quality Real Estate Index Fund (GQRE) for Q1 2020, worth a combined $257M — down 28% from $357M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GQRE and 8 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 17 added.
The largest buyer was Northern Trust, adding an estimated $6.9M. The largest seller was 3D Asset Management, cutting an estimated $5.15M.
- 45 institutional investors held FlexShares Global Quality Real Estate Index Fund (GQRE) as of Q1 2020, down from 48 in Q4 2019.
- Funds reported $257M of FlexShares Global Quality Real Estate Index Fund stock for Q1 2020, down 28% quarter-over-quarter.
- 8 funds opened new FlexShares Global Quality Real Estate Index Fund positions in Q1 2020 and 9 closed out, a net change of -1 holder.
- The largest FlexShares Global Quality Real Estate Index Fund buyer in Q1 2020 was Northern Trust, an estimated $6.9M added.
- The largest FlexShares Global Quality Real Estate Index Fund seller in Q1 2020 was 3D Asset Management, an estimated $5.15M sold.
Based on aggregated 13F filings for Q1 2020.