Industrial Logistics Properties Trust
ILPT
93 hedge funds and large institutions have $506M invested in Industrial Logistics Properties Trust in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 15 closing their positions.
248% more call options, than puts
Call options by funds: $310K | Put options by funds: $89K
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
14% more capital invested
Capital invested by funds: $445M → $506M (+$60.9M)
6% more funds holding
Funds holding: 88 → 93 (+5)
3.1% more ownership
Funds ownership: 30.62% → 33.72% (+3.1%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$19.1M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$11.9M |
| 3 |
NM
Newtyn Management
New York
|
+$9.97M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$6.35M |
| 5 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$5.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
-$9.95M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$8M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$6.57M |
| 4 |
HCM
HGI Capital Management
New York
|
-$3.72M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$2.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
101
Gratia Capital
Los Angeles,
California
| – | -$566K | -25,337 | Closed |
|
|
BFM
102
Boothbay Fund Management
New York
| – | -$523K | -23,414 | Closed |
|
103
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$320K | -14,293 | Closed |
|
|
NP
104
Ninepoint Partners
Toronto,
Ontario, Canada
| – | -$277K | -12,400 | Closed |
|
|
EC
105
EJF Capital
Arlington,
Virginia
| – | -$224K | -10,000 | Closed |
|
106
Squarepoint
New York
| – | -$214K | -9,586 | Closed |
|
107
SG Americas Securities
New York
| – | -$118K | -5,289 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$20K | -869 | Closed |
|
|
PIA
109
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$8K | -351 | Closed |
|
ILPT Hedge Fund Activity: Q3 2018 in Review
93 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Industrial Logistics Properties Trust (ILPT) for Q3 2018, worth a combined $506M — up 14% from $445M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ILPT positions and 15 closed out — a net gain of 6 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $19.1M. The largest seller was Security Capital Research & Management, exiting entirely with an estimated $9.95M sold.
- 93 institutional investors held Industrial Logistics Properties Trust (ILPT) as of Q3 2018, up from 88 in Q2 2018.
- Funds reported $506M of Industrial Logistics Properties Trust stock for Q3 2018, up 14% quarter-over-quarter.
- 21 funds opened new Industrial Logistics Properties Trust positions in Q3 2018 and 15 closed out, a net change of +6 holders.
- The largest Industrial Logistics Properties Trust buyer in Q3 2018 was Massachusetts Financial Services, an estimated $19.1M added.
- The largest Industrial Logistics Properties Trust seller in Q3 2018 was Security Capital Research & Management, an estimated $9.95M sold.
Based on aggregated 13F filings for Q3 2018.