iShares Mortgage Real Estate ETF
REM
143 hedge funds and large institutions have $186M invested in iShares Mortgage Real Estate ETF in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 60 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 37
1% more ownership
Funds ownership: 30.05% → 31.05% (+1%)
3% more call options, than puts
Call options by funds: $4.98M | Put options by funds: $4.86M
18% less funds holding
Funds holding: 174 → 143 (-31)
45% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 60
57% less capital invested
Capital invested by funds: $429M → $186M (-$243M)
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$22.6M |
| 2 |
Morgan Stanley
New York
|
+$18.5M |
| 3 |
NCP
NexWave Capital Partners
New York
|
+$14.2M |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$10.3M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$8.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$29M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$11.3M |
| 3 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
-$7.11M |
| 4 |
BlackRock
New York
|
-$6.97M |
| 5 |
Man Group
London,
United Kingdom
|
-$6.64M |
REM Hedge Fund Activity: Q1 2020 in Review
143 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in iShares Mortgage Real Estate ETF (REM) for Q1 2020, worth a combined $186M — down 57% from $429M a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of REM and 33 opened new positions — a net loss of 27 holders — while 37 trimmed existing stakes and 52 added.
The largest buyer was Evergreen Capital Management, opening a new position worth an estimated $22.6M. The largest seller was Nan Shan Life Insurance, exiting entirely with an estimated $29M sold.
- 143 institutional investors held iShares Mortgage Real Estate ETF (REM) as of Q1 2020, down from 174 in Q4 2019.
- Funds reported $186M of iShares Mortgage Real Estate ETF stock for Q1 2020, down 57% quarter-over-quarter.
- 33 funds opened new iShares Mortgage Real Estate ETF positions in Q1 2020 and 60 closed out, a net change of -27 holders.
- The largest iShares Mortgage Real Estate ETF buyer in Q1 2020 was Evergreen Capital Management, an estimated $22.6M added.
- The largest iShares Mortgage Real Estate ETF seller in Q1 2020 was Nan Shan Life Insurance, an estimated $29M sold.
Based on aggregated 13F filings for Q1 2020.