CBRE Global Real Estate Income Fund
IGR
135 hedge funds and large institutions have $231M invested in CBRE Global Real Estate Income Fund in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 57 increasing their positions, 27 reducing their positions, and 18 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 27
67% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 18
49% more capital invested
Capital invested by funds: $155M → $231M (+$76.2M)
12.83% more ownership
Funds ownership: 25.1% → 37.93% (+13%)
9% more funds holding
Funds holding: 124 → 135 (+11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$49.6M |
| 2 |
Morgan Stanley
New York
|
+$6.93M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.49M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$3.27M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.67M |
| 2 |
AGM
Alpine Global Management
New York
|
-$1.25M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.25M |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
-$1.09M |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$738K |
IGR Hedge Fund Activity: Q2 2023 in Review
135 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in CBRE Global Real Estate Income Fund (IGR) for Q2 2023, worth a combined $231M — up 49% from $155M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new IGR positions and 18 closed out — a net gain of 12 holders — while 57 added to existing stakes and 27 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $49.6M. The largest seller was City of London Investment Management, cutting an estimated $1.67M.
- 135 institutional investors held CBRE Global Real Estate Income Fund (IGR) as of Q2 2023, up from 124 in Q1 2023.
- Funds reported $231M of CBRE Global Real Estate Income Fund stock for Q2 2023, up 49% quarter-over-quarter.
- 30 funds opened new CBRE Global Real Estate Income Fund positions in Q2 2023 and 18 closed out, a net change of +12 holders.
- The largest CBRE Global Real Estate Income Fund buyer in Q2 2023 was Sit Investment Associates, an estimated $49.6M added.
- The largest CBRE Global Real Estate Income Fund seller in Q2 2023 was City of London Investment Management, an estimated $1.67M sold.
Based on aggregated 13F filings for Q2 2023.