iShares Mortgage Real Estate ETF
REM
131 hedge funds and large institutions have $385M invested in iShares Mortgage Real Estate ETF in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 45 increasing their positions, 42 reducing their positions, and 45 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
25.08% more ownership
Funds ownership: 7.22% → 32.31% (+25%)
7% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 42
11% less funds holding
Funds holding: 148 → 131 (-17)
21% less capital invested
Capital invested by funds: $488M → $385M (-$103M)
29% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 45
81% less call options, than puts
Call options by funds: $3.04M | Put options by funds: $16.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$34.9M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$5.29M |
| 3 |
BlackRock
New York
|
+$4.59M |
| 4 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
+$2.36M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$11.3M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.38M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.55M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.22M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
AssetMark Inc
Concord,
California
| – | -$1K | -13 | Closed |
|
177
Parallax Volatility Advisers
San Francisco,
California
| – | +$42 | +1 | New |
|
REM Hedge Fund Activity: Q4 2016 in Review
131 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares Mortgage Real Estate ETF (REM) for Q4 2016, worth a combined $385M — down 21% from $488M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of REM and 32 opened new positions — a net loss of 13 holders — while 42 trimmed existing stakes and 45 added.
The largest buyer was Morgan Stanley, adding an estimated $34.9M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $11.3M sold.
- 131 institutional investors held iShares Mortgage Real Estate ETF (REM) as of Q4 2016, down from 148 in Q3 2016.
- Funds reported $385M of iShares Mortgage Real Estate ETF stock for Q4 2016, down 21% quarter-over-quarter.
- 32 funds opened new iShares Mortgage Real Estate ETF positions in Q4 2016 and 45 closed out, a net change of -13 holders.
- The largest iShares Mortgage Real Estate ETF buyer in Q4 2016 was Morgan Stanley, an estimated $34.9M added.
- The largest iShares Mortgage Real Estate ETF seller in Q4 2016 was Schroder Investment Management Group, an estimated $11.3M sold.
Based on aggregated 13F filings for Q4 2016.