iShares Mortgage Real Estate ETF
REM
87 hedge funds and large institutions have $287M 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.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+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
20% more capital invested
Capital invested by funds: $239M → $287M (+$47.3M)
12% more funds holding
Funds holding: 78 → 87 (+9)
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
+$18.2M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$9.98M |
| 3 |
Morgan Stanley
New York
|
+$9.84M |
| 4 |
LPL Financial
San Diego,
California
|
+$5.8M |
| 5 |
TC
Talkot Capital
Sausalito,
California
|
+$4.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$5.39M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.96M |
| 3 |
IAS
IMA Advisory Services
Denver,
Colorado
|
-$3.93M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.32M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.18M |
REM Hedge Fund Activity: Q3 2013 in Review
87 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in iShares Mortgage Real Estate ETF (REM) for Q3 2013, worth a combined $287M — up 20% from $239M 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 $287M of iShares Mortgage Real Estate ETF stock for Q3 2013, up 20% 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.