Ladder Capital
LADR
78 hedge funds and large institutions have $629M invested in Ladder Capital in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 45 increasing their positions, 12 reducing their positions, and 12 closing their positions.
1,429% more call options, than puts
Call options by funds: $260K | Put options by funds: $17K
275% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 12
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
7.59% more ownership
Funds ownership: 79.57% → 87.16% (+7.6%)
3% more capital invested
Capital invested by funds: $614M → $629M (+$15.7M)
3% less funds holding
Funds holding: 80 → 78 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
+$15M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$9.49M |
| 3 |
Millennium Management
New York
|
+$7.35M |
| 4 |
State Street
Boston,
Massachusetts
|
+$4.76M |
| 5 |
Renaissance Technologies
New York
|
+$4.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TLCM
Tiger Legatus Capital Management
New York
|
-$8.38M |
| 2 |
ZC
Zelman Capital
Beachwood,
Ohio
|
-$6.26M |
| 3 |
FG
FSI Group
Cincinnati,
Ohio
|
-$3.26M |
| 4 |
CC
Consector Capital
New York
|
-$2.96M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.48M |
LADR Hedge Fund Activity: Q2 2015 in Review
78 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Ladder Capital (LADR) for Q2 2015, worth a combined $629M — up 2.6% from $614M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of LADR and 10 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 45 added.
The largest buyer was Forward Management, opening a new position worth an estimated $15M. The largest seller was Tiger Legatus Capital Management, exiting entirely with an estimated $8.38M sold.
- 78 institutional investors held Ladder Capital (LADR) as of Q2 2015, down from 80 in Q1 2015.
- Funds reported $629M of Ladder Capital stock for Q2 2015, up 2.6% quarter-over-quarter.
- 10 funds opened new Ladder Capital positions in Q2 2015 and 12 closed out, a net change of -2 holders.
- The largest Ladder Capital buyer in Q2 2015 was Forward Management, an estimated $15M added.
- The largest Ladder Capital seller in Q2 2015 was Tiger Legatus Capital Management, an estimated $8.38M sold.
Based on aggregated 13F filings for Q2 2015.