iShares Mortgage Real Estate ETF
REM
115 hedge funds and large institutions have $268M invested in iShares Mortgage Real Estate ETF in 2015 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 35 reducing their positions, and 27 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 35
0.57% less ownership
Funds ownership: 6.68% → 6.11% (-0.57%)
7% less funds holding
Funds holding: 123 → 115 (-8)
16% less capital invested
Capital invested by funds: $319M → $268M (-$50.7M)
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
43% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $1.78M
83% less funds holding in top 10
Funds holding in top 10: 6 → 1 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$23M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.82M |
| 3 |
Goldman Sachs
New York
|
+$5.78M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$2.52M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWM
Edge Wealth Management
New York
|
-$16.8M |
| 2 |
BIA
Barry Investment Advisors
New Bedford,
Massachusetts
|
-$9.84M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$7.91M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.27M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.74M |
REM Hedge Fund Activity: Q2 2015 in Review
115 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in iShares Mortgage Real Estate ETF (REM) for Q2 2015, worth a combined $268M — down 16% from $319M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of REM and 21 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 42 added.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $23M. The largest seller was Edge Wealth Management, cutting an estimated $16.8M.
- 115 institutional investors held iShares Mortgage Real Estate ETF (REM) as of Q2 2015, down from 123 in Q1 2015.
- Funds reported $268M of iShares Mortgage Real Estate ETF stock for Q2 2015, down 16% quarter-over-quarter.
- 21 funds opened new iShares Mortgage Real Estate ETF positions in Q2 2015 and 27 closed out, a net change of -6 holders.
- The largest iShares Mortgage Real Estate ETF buyer in Q2 2015 was Schroder Investment Management Group, an estimated $23M added.
- The largest iShares Mortgage Real Estate ETF seller in Q2 2015 was Edge Wealth Management, an estimated $16.8M sold.
Based on aggregated 13F filings for Q2 2015.