iShares Mortgage Real Estate ETF
REM
119 hedge funds and large institutions have $182M invested in iShares Mortgage Real Estate ETF in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 19 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.24% less ownership
Funds ownership: 34.9% → 30.66% (-4.2%)
6% less funds holding
Funds holding: 127 → 119 (-8)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
67% less call options, than puts
Call options by funds: $9.89M | Put options by funds: $30.2M
69% less capital invested
Capital invested by funds: $591M → $182M (-$409M)
Top Buyers
| 1 |
Jane Street
New York
|
+$6.48M |
| 2 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$2.68M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$2.45M |
| 4 |
BIA
Barry Investment Advisors
New Bedford,
Massachusetts
|
+$1.4M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.07M |
Top Sellers
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$12.4M |
| 2 |
CWG
Cornerstone Wealth Group
Huntersville,
North Carolina
|
-$11.2M |
| 3 |
JP Morgan Chase
New York
|
-$3.54M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$2.8M |
| 5 |
Morgan Stanley
New York
|
-$2.66M |
REM Hedge Fund Activity: Q1 2023 in Review
119 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares Mortgage Real Estate ETF (REM) for Q1 2023, worth a combined $182M — down 69% from $591M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of REM and 13 opened new positions — a net loss of 6 holders — while 37 trimmed existing stakes and 41 added.
The largest buyer was Jane Street, opening a new position worth an estimated $6.48M. The largest seller was Bank of America, cutting an estimated $12.4M.
- 119 institutional investors held iShares Mortgage Real Estate ETF (REM) as of Q1 2023, down from 127 in Q4 2022.
- Funds reported $182M of iShares Mortgage Real Estate ETF stock for Q1 2023, down 69% quarter-over-quarter.
- 13 funds opened new iShares Mortgage Real Estate ETF positions in Q1 2023 and 19 closed out, a net change of -6 holders.
- The largest iShares Mortgage Real Estate ETF buyer in Q1 2023 was Jane Street, an estimated $6.48M added.
- The largest iShares Mortgage Real Estate ETF seller in Q1 2023 was Bank of America, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2023.