CBRE Global Real Estate Income Fund
IGR
114 hedge funds and large institutions have $195M invested in CBRE Global Real Estate Income Fund in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 19 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
0.25% less ownership
Funds ownership: 23.17% → 22.93% (-0.25%)
4% less capital invested
Capital invested by funds: $204M → $195M (-$8.47M)
2% less funds holding
Funds holding: 116 → 114 (-2)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.63M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.49M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.13M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$642K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$545K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.77M |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
-$1.25M |
| 3 |
OC
Oppenheimer & Co
New York
|
-$841K |
| 4 |
Morgan Stanley
New York
|
-$784K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$681K |
IGR Hedge Fund Activity: Q3 2018 in Review
114 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in CBRE Global Real Estate Income Fund (IGR) for Q3 2018, worth a combined $195M — down 4.2% from $204M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of IGR and 17 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 40 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $1.63M. The largest seller was Saba Capital Management, exiting entirely with an estimated $4.77M sold.
- 114 institutional investors held CBRE Global Real Estate Income Fund (IGR) as of Q3 2018, down from 116 in Q2 2018.
- Funds reported $195M of CBRE Global Real Estate Income Fund stock for Q3 2018, down 4.2% quarter-over-quarter.
- 17 funds opened new CBRE Global Real Estate Income Fund positions in Q3 2018 and 19 closed out, a net change of -2 holders.
- The largest CBRE Global Real Estate Income Fund buyer in Q3 2018 was Parametric Portfolio Associates, an estimated $1.63M added.
- The largest CBRE Global Real Estate Income Fund seller in Q3 2018 was Saba Capital Management, an estimated $4.77M sold.
Based on aggregated 13F filings for Q3 2018.