Ladder Capital
LADR
157 hedge funds and large institutions have $917M invested in Ladder Capital in 2018 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 71 increasing their positions, 38 reducing their positions, and 43 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 38
3% less capital invested
Capital invested by funds: $949M → $917M (-$31.9M)
4.31% less ownership
Funds ownership: 64.26% → 59.95% (-4.3%)
8% less funds holding
Funds holding: 170 → 157 (-13)
23% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 43
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
60% less call options, than puts
Call options by funds: $981K | Put options by funds: $2.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$26.3M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$20.4M |
| 3 |
Morgan Stanley
New York
|
+$19.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.5M |
| 5 |
Two Sigma Advisers
New York
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$34.7M |
| 2 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$33.7M |
| 3 |
GA
Glenhill Advisors
New York
|
-$33.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$22.4M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$22.3M |
LADR Hedge Fund Activity: Q2 2018 in Review
157 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Ladder Capital (LADR) for Q2 2018, worth a combined $917M — down 3.4% from $949M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of LADR and 33 opened new positions — a net loss of 10 holders — while 38 trimmed existing stakes and 71 added.
The largest buyer was BlackRock, adding an estimated $26.3M. The largest seller was Indaba Capital Management, exiting entirely with an estimated $34.7M sold.
- 157 institutional investors held Ladder Capital (LADR) as of Q2 2018, down from 170 in Q1 2018.
- Funds reported $917M of Ladder Capital stock for Q2 2018, down 3.4% quarter-over-quarter.
- 33 funds opened new Ladder Capital positions in Q2 2018 and 43 closed out, a net change of -10 holders.
- The largest Ladder Capital buyer in Q2 2018 was BlackRock, an estimated $26.3M added.
- The largest Ladder Capital seller in Q2 2018 was Indaba Capital Management, an estimated $34.7M sold.
Based on aggregated 13F filings for Q2 2018.