Power REIT
10 hedge funds and large institutions have $754K invested in Power REIT in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
1% more capital invested
Capital invested by funds: $744K → $754K (+$10K)
0% less ownership
Funds ownership: 0.52% → 0.52% (-0%)
9% less funds holding
Funds holding: 11 → 10 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$119K |
| 2 |
KFS
KMS Financial Services
Seattle,
Washington
|
+$103K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$9.58K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$83 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$213K |
| 2 |
Renaissance Technologies
New York
|
-$25.8K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFS
1
KMS Financial Services
Seattle,
Washington
| $463K | +$103K | +1,237 | +31% |
|
|
FIMG
2
Financial & Investment Management Group
Traverse City,
Michigan
| $126K | +$119K | +1,434 | New |
|
|
3
Renaissance Technologies
New York
| $114K | -$25.8K | -310 | -19% |
|
|
BIT
4
BlackRock Institutional Trust
San Francisco,
California
| $32K | – | – | – |
|
5
California Public Employees Retirement System
Sacramento,
California
| $11K | – | – | – |
|
6
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
LFR
8
Lehman Financial Resources
Media,
Pennsylvania
| $1K | – | – | – |
|
|
9
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $12 | +$9.58K | +115 | +548% |
|
|
NSIM
10
North Star Investment Management
Chicago,
Illinois
| – | -$213K | -2,501 | Closed |
|
|
U
11
UBS
Zurich,
Switzerland
| – | -$1K | -11 | Closed |
|
|
12
Bank of America
Charlotte,
North Carolina
| – | +$83 | +1 | New |
|
PW Hedge Fund Activity: Q4 2013 in Review
10 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Power REIT (PW) for Q4 2013, worth a combined $754K — up 1.3% from $744K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PW and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Financial & Investment Management Group, opening a new position worth an estimated $119K. The largest seller was North Star Investment Management, exiting entirely with an estimated $213K sold.
- 10 institutional investors held Power REIT (PW) as of Q4 2013, down from 11 in Q3 2013.
- Funds reported $754K of Power REIT stock for Q4 2013, up 1.3% quarter-over-quarter.
- 2 funds opened new Power REIT positions in Q4 2013 and 3 closed out, a net change of -1 holder.
- The largest Power REIT buyer in Q4 2013 was Financial & Investment Management Group, an estimated $119K added.
- The largest Power REIT seller in Q4 2013 was North Star Investment Management, an estimated $213K sold.
Based on aggregated 13F filings for Q4 2013.