CBRE Global Real Estate Income Fund
IGR
123 hedge funds and large institutions have $192M invested in CBRE Global Real Estate Income Fund in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 48 increasing their positions, 36 reducing their positions, and 25 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.01% less ownership
Funds ownership: 28.51% → 25.5% (-3%)
8% less funds holding
Funds holding: 133 → 123 (-10)
12% less capital invested
Capital invested by funds: $217M → $192M (-$25.2M)
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$5.62M |
| 2 |
Morgan Stanley
New York
|
+$5.61M |
| 3 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$2.32M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.07M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$22.9M |
| 2 |
SCM
Saba Capital Management
New York
|
-$5.16M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$3.07M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.26M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.21M |
IGR Hedge Fund Activity: Q1 2024 in Review
123 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in CBRE Global Real Estate Income Fund (IGR) for Q1 2024, worth a combined $192M — down 12% from $217M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of IGR and 16 opened new positions — a net loss of 9 holders — while 36 trimmed existing stakes and 48 added.
The largest buyer was City of London Investment Management, adding an estimated $5.62M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $22.9M sold.
- 123 institutional investors held CBRE Global Real Estate Income Fund (IGR) as of Q1 2024, down from 133 in Q4 2023.
- Funds reported $192M of CBRE Global Real Estate Income Fund stock for Q1 2024, down 12% quarter-over-quarter.
- 16 funds opened new CBRE Global Real Estate Income Fund positions in Q1 2024 and 25 closed out, a net change of -9 holders.
- The largest CBRE Global Real Estate Income Fund buyer in Q1 2024 was City of London Investment Management, an estimated $5.62M added.
- The largest CBRE Global Real Estate Income Fund seller in Q1 2024 was Sit Investment Associates, an estimated $22.9M sold.
Based on aggregated 13F filings for Q1 2024.