CBRE Global Real Estate Income Fund
IGR
133 hedge funds and large institutions have $217M invested in CBRE Global Real Estate Income Fund in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 31 increasing their positions, 48 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
14% more capital invested
Capital invested by funds: $191M → $217M (+$26.1M)
8% more funds holding
Funds holding: 123 → 133 (+10)
1.83% less ownership
Funds ownership: 30.33% → 28.51% (-1.8%)
35% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.35M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.97M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$3.41M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.69M |
| 5 |
Morgan Stanley
New York
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$18.5M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.72M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.21M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$986K |
IGR Hedge Fund Activity: Q4 2023 in Review
133 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in CBRE Global Real Estate Income Fund (IGR) for Q4 2023, worth a combined $217M — up 14% from $191M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new IGR positions and 17 closed out — a net gain of 12 holders — while 31 added to existing stakes and 48 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.35M. The largest seller was Sit Investment Associates, cutting an estimated $18.5M.
- 133 institutional investors held CBRE Global Real Estate Income Fund (IGR) as of Q4 2023, up from 123 in Q3 2023.
- Funds reported $217M of CBRE Global Real Estate Income Fund stock for Q4 2023, up 14% quarter-over-quarter.
- 29 funds opened new CBRE Global Real Estate Income Fund positions in Q4 2023 and 17 closed out, a net change of +12 holders.
- The largest CBRE Global Real Estate Income Fund buyer in Q4 2023 was Saba Capital Management, an estimated $4.35M added.
- The largest CBRE Global Real Estate Income Fund seller in Q4 2023 was Sit Investment Associates, an estimated $18.5M sold.
Based on aggregated 13F filings for Q4 2023.