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iShares Mortgage Real Estate ETF

87 hedge funds and large institutions have $566M invested in iShares Mortgage Real Estate ETF in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 19 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

100% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 19

77% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 13

12% more funds holding

Funds holding: 7887 (+9)

7% more capital invested

Capital invested by funds: $531M → $566M (+$35.3M)

0.74% more ownership

Funds ownership: 6.08%6.82% (+0.74%)

50% less call options, than puts

Call options by funds: $360K | Put options by funds: $719K

Holders
87
Holders Change
+9
Holders Change %
+11.54%
% of All Funds
2.82%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.16%
New
23
Increased
38
Reduced
19
Closed
13
Calls
$360K
Puts
$719K
Net Calls
-$359K
Net Calls Change
+$274K
Name Holding Trade Value Shares
Change
Change in
Stake
SAC
1
Smith Affiliated Capital
New York
$280M
Comerica Bank
2
Comerica Bank
Texas
$36.8M +$1.91M +39,067 +5%
Morgan Stanley
3
Morgan Stanley
New York
$35.4M +$9.84M +201,765 +38%
U
4
UBS
Switzerland
$27.4M -$5.39M -110,557 -16%
Bank of America
5
Bank of America
North Carolina
$26.6M -$3.32M -68,066 -11%
MIM
6
Miller Investment Management
Pennsylvania
$17.9M +$18.2M +373,115 New
BFA
7
BlackRock Fund Advisors
California
$15.6M +$911K +18,684 +6%
LPL Financial
8
LPL Financial
California
$11.2M +$5.8M +118,923 +102%
Goldman Sachs
9
Goldman Sachs
New York
$11.1M +$2.51M +51,372 +29%
Wells Fargo
10
Wells Fargo
California
$10.4M -$3.18M -65,134 -23%
Schroder Investment Management Group
11
Schroder Investment Management Group
United Kingdom
$9.81M +$9.98M +204,563 New
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$7.82M +$1.61M +32,939 +25%
TC
13
Talkot Capital
California
$4.83M +$4.91M +100,625 New
TBA
14
Thomas B. Akin
$4.83M +$4.91M +100,625 New
N
15
Nuveen
North Carolina
$4.27M +$506K +10,375 +13%
SNC
16
Stifel Nicolaus & Co
Missouri
$3.92M +$3.63M +74,369 +1,001%
PWM
17
Patriot Wealth Management
Texas
$3.89M +$3.96M +81,134 New
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$3.51M +$2.88M +59,124 +418%
EI
19
Excelsia Inc
Georgia
$3.51M +$1.02M +20,972 +40%
Thrivent Financial for Lutherans
20
Thrivent Financial for Lutherans
Minnesota
$3M
ECM
21
Evergreen Capital Management
Washington
$2.79M -$5.71K -117 -0.2%
HH
22
Hilltop Holdings
Texas
$2.75M +$65.5K +1,342 +2%
AIG
23
American International Group
New York
$2.7M +$478K +9,793 +21%
SCG
24
Strategic Capital Group
Washington
$2.39M +$172K +3,535 +8%
PAM
25
Panagora Asset Management
Massachusetts
$2.24M +$2.28M +46,645 New

REM Hedge Fund Activity: Q3 2013 in Review

87 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares Mortgage Real Estate ETF (REM) for Q3 2013, worth a combined $566M — up 6.6% from $531M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new REM positions and 13 closed out — a net gain of 10 holders — while 38 added to existing stakes and 19 trimmed.

The largest buyer was Miller Investment Management, opening a new position worth an estimated $18.2M. The largest seller was UBS, cutting an estimated $5.39M.

  • 87 institutional investors held iShares Mortgage Real Estate ETF (REM) as of Q3 2013, up from 78 in Q2 2013.
  • Funds reported $566M of iShares Mortgage Real Estate ETF stock for Q3 2013, up 6.6% quarter-over-quarter.
  • 23 funds opened new iShares Mortgage Real Estate ETF positions in Q3 2013 and 13 closed out, a net change of +10 holders.
  • The largest iShares Mortgage Real Estate ETF buyer in Q3 2013 was Miller Investment Management, an estimated $18.2M added.
  • The largest iShares Mortgage Real Estate ETF seller in Q3 2013 was UBS, an estimated $5.39M sold.

Based on aggregated 13F filings for Q3 2013.