iShares Mortgage Real Estate ETF
REM
115 hedge funds and large institutions have $306M invested in iShares Mortgage Real Estate ETF in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 36 increasing their positions, 41 reducing their positions, and 14 closing their positions.
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
4% more funds holding
Funds holding: 111 → 115 (+4)
0.13% less ownership
Funds ownership: 6.43% → 6.3% (-0.13%)
10% less capital invested
Capital invested by funds: $341M → $306M (-$34.8M)
12% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 41
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
98% less call options, than puts
Call options by funds: $278K | Put options by funds: $15.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWM
Edge Wealth Management
New York
|
+$11.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.73M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.81M |
| 4 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$3.65M |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
-$19.1M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$6.63M |
| 3 |
RP
Raiff Partners
New York
|
-$6.32M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.68M |
| 5 |
PWM
Patriot Wealth Management
Houston,
Texas
|
-$3.52M |
REM Hedge Fund Activity: Q3 2014 in Review
115 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares Mortgage Real Estate ETF (REM) for Q3 2014, worth a combined $306M — down 10% from $341M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new REM positions and 14 closed out — a net gain of 6 holders — while 36 added to existing stakes and 41 trimmed.
The largest buyer was Edge Wealth Management, adding an estimated $11.6M. The largest seller was Miller Investment Management, exiting entirely with an estimated $19.1M sold.
- 115 institutional investors held iShares Mortgage Real Estate ETF (REM) as of Q3 2014, up from 111 in Q2 2014.
- Funds reported $306M of iShares Mortgage Real Estate ETF stock for Q3 2014, down 10% quarter-over-quarter.
- 20 funds opened new iShares Mortgage Real Estate ETF positions in Q3 2014 and 14 closed out, a net change of +6 holders.
- The largest iShares Mortgage Real Estate ETF buyer in Q3 2014 was Edge Wealth Management, an estimated $11.6M added.
- The largest iShares Mortgage Real Estate ETF seller in Q3 2014 was Miller Investment Management, an estimated $19.1M sold.
Based on aggregated 13F filings for Q3 2014.