iShares Residential and Multisector Real Estate ETF
REZ
62 hedge funds and large institutions have $117M invested in iShares Residential and Multisector Real Estate ETF in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 32 reducing their positions, and 10 closing their positions.
0.14% less ownership
Funds ownership: 32.53% → 32.38% (-0.14%)
10% less funds holding
Funds holding: 69 → 62 (-7)
22% less capital invested
Capital invested by funds: $151M → $117M (-$33.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
53% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 32
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$19.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$795K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$574K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$506K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$313K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.1M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$8.56M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$4.68M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$3.86M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.28M |
REZ Hedge Fund Activity: Q4 2016 in Review
62 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in iShares Residential and Multisector Real Estate ETF (REZ) for Q4 2016, worth a combined $117M — down 22% from $151M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of REZ and 4 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 15 added.
The largest buyer was Migdal Insurance & Financial Holdings, opening a new position worth an estimated $19.9M. The largest seller was Morgan Stanley, cutting an estimated $10.1M.
- 62 institutional investors held iShares Residential and Multisector Real Estate ETF (REZ) as of Q4 2016, down from 69 in Q3 2016.
- Funds reported $117M of iShares Residential and Multisector Real Estate ETF stock for Q4 2016, down 22% quarter-over-quarter.
- 4 funds opened new iShares Residential and Multisector Real Estate ETF positions in Q4 2016 and 10 closed out, a net change of -6 holders.
- The largest iShares Residential and Multisector Real Estate ETF buyer in Q4 2016 was Migdal Insurance & Financial Holdings, an estimated $19.9M added.
- The largest iShares Residential and Multisector Real Estate ETF seller in Q4 2016 was Morgan Stanley, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2016.