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LTC

LTC Properties

218 hedge funds and large institutions have $1.19B invested in LTC Properties in 2018 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 88 increasing their positions, 64 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 64

0.75% more ownership

Funds ownership: 79.87%80.62% (+0.75%)

1% less funds holding

Funds holding: 220218 (-2)

4% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 25

14% less capital invested

Capital invested by funds: $1.38B → $1.19B (-$191M)

39% less call options, than puts

Call options by funds: $1.68M | Put options by funds: $2.74M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
218
Holders Change
-2
Holders Change %
-0.91%
% of All Funds
5%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
24
Increased
88
Reduced
64
Closed
25
Calls
$1.68M
Puts
$2.74M
Net Calls
-$1.06M
Net Calls Change
-$1.25M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$238M -$13.2M -334,795 -5%
BlackRock
2
BlackRock
New York
$234M +$4.74M +120,592 +2%
State Street
3
State Street
Massachusetts
$60.4M +$1.25M +31,661 +2%
Victory Capital Management
4
Victory Capital Management
Texas
$59.5M +$13.9M +352,595 +29%
Northern Trust
5
Northern Trust
Illinois
$56.4M +$466K +11,856 +0.8%
Franklin Resources
6
Franklin Resources
California
$42.3M -$15.4M -392,235 -26%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$42.1M +$1.78M +45,288 +4%
UIC
8
Uniplan Investment Counsel
Wisconsin
$28M +$775K +19,707 +3%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$27.2M +$1.42M +36,033 +5%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$23.3M +$723K +18,378 +3%
Norges Bank
11
Norges Bank
Norway
$18.7M
Charles Schwab
12
Charles Schwab
California
$17M +$1.1M +28,048 +7%
JP Morgan Chase
13
JP Morgan Chase
New York
$16M -$5.31K -135 -0%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$15.3M +$519K +13,193 +3%
Invesco
15
Invesco
Georgia
$15M -$3.22M -81,898 -17%
TCM
16
Tributary Capital Management
Nebraska
$13.5M +$949K +24,111 +7%
Principal Financial Group
17
Principal Financial Group
Iowa
$11.8M +$220K +5,591 +2%
Deutsche Bank
18
Deutsche Bank
Germany
$10.6M +$4.43M +112,665 +68%
Janus Henderson Group
19
Janus Henderson Group
United Kingdom
$9.47M +$1.31M +33,247 +15%
Ameriprise
20
Ameriprise
Minnesota
$8.45M -$5.19M -131,943 -37%
TCM
21
Tekla Capital Management
Massachusetts
$7.97M
Two Sigma Investments
22
Two Sigma Investments
New York
$7.7M +$1.5M +38,107 +23%
Legal & General Group
23
Legal & General Group
United Kingdom
$7.48M +$859K +21,832 +12%
Wells Fargo
24
Wells Fargo
California
$6.5M +$1.19M +30,272 +21%
TCIM
25
TIAA CREF Investment Management
New York
$6.29M -$1.85M -47,044 -22%

LTC Hedge Fund Activity: Q1 2018 in Review

218 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in LTC Properties (LTC) for Q1 2018, worth a combined $1.19B — down 14% from $1.38B a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of LTC and 24 opened new positions — a net loss of 1 holder — while 64 trimmed existing stakes and 88 added.

The largest buyer was Kabarec Financial Advisors, opening a new position worth an estimated $30.9M. The largest seller was Franklin Resources, cutting an estimated $15.4M.

  • 218 institutional investors held LTC Properties (LTC) as of Q1 2018, down from 220 in Q4 2017.
  • Funds reported $1.19B of LTC Properties stock for Q1 2018, down 14% quarter-over-quarter.
  • 24 funds opened new LTC Properties positions in Q1 2018 and 25 closed out, a net change of -1 holder.
  • The largest LTC Properties buyer in Q1 2018 was Kabarec Financial Advisors, an estimated $30.9M added.
  • The largest LTC Properties seller in Q1 2018 was Franklin Resources, an estimated $15.4M sold.

Based on aggregated 13F filings for Q1 2018.