iShares Mortgage Real Estate ETF
REM
145 hedge funds and large institutions have $351M invested in iShares Mortgage Real Estate ETF in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 57 increasing their positions, 37 reducing their positions, and 23 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 37
2% less funds holding
Funds holding: 148 → 145 (-3)
2.6% less ownership
Funds ownership: 29.64% → 27.03% (-2.6%)
8% less capital invested
Capital invested by funds: $381M → $351M (-$29.8M)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
37% less call options, than puts
Call options by funds: $2.82M | Put options by funds: $4.45M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.7M |
| 2 |
CWG
Cornerstone Wealth Group
Huntersville,
North Carolina
|
+$4.93M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$3.8M |
| 4 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$2.19M |
| 5 |
Mariner
Overland Park,
Kansas
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$29.6M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$15.5M |
| 3 |
EWM
Edge Wealth Management
New York
|
-$11.2M |
| 4 |
SWM
Sanctuary Wealth Management
Pocatello,
Idaho
|
-$8.48M |
| 5 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
-$2.88M |
REM Hedge Fund Activity: Q3 2019 in Review
145 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in iShares Mortgage Real Estate ETF (REM) for Q3 2019, worth a combined $351M — down 7.8% from $381M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of REM and 20 opened new positions — a net loss of 3 holders — while 37 trimmed existing stakes and 57 added.
The largest buyer was BlackRock, adding an estimated $10.7M. The largest seller was Bank of Montreal, exiting entirely with an estimated $29.6M sold.
- 145 institutional investors held iShares Mortgage Real Estate ETF (REM) as of Q3 2019, down from 148 in Q2 2019.
- Funds reported $351M of iShares Mortgage Real Estate ETF stock for Q3 2019, down 7.8% quarter-over-quarter.
- 20 funds opened new iShares Mortgage Real Estate ETF positions in Q3 2019 and 23 closed out, a net change of -3 holders.
- The largest iShares Mortgage Real Estate ETF buyer in Q3 2019 was BlackRock, an estimated $10.7M added.
- The largest iShares Mortgage Real Estate ETF seller in Q3 2019 was Bank of Montreal, an estimated $29.6M sold.
Based on aggregated 13F filings for Q3 2019.