iShares Residential and Multisector Real Estate ETF
REZ
93 hedge funds and large institutions have $119M invested in iShares Residential and Multisector Real Estate ETF in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 29 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
1.17% less ownership
Funds ownership: 38.45% → 37.28% (-1.2%)
11% less funds holding
Funds holding: 105 → 93 (-12)
31% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 29
41% less capital invested
Capital invested by funds: $203M → $119M (-$83.5M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.2M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$3.07M |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$2.78M |
| 5 |
Morgan Stanley
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$23.9M |
| 2 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$7.37M |
| 3 |
LPL Financial
San Diego,
California
|
-$5.62M |
| 4 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$3.56M |
| 5 |
Jane Street
New York
|
-$3.29M |
REZ Hedge Fund Activity: Q1 2020 in Review
93 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in iShares Residential and Multisector Real Estate ETF (REZ) for Q1 2020, worth a combined $119M — down 41% from $203M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of REZ and 20 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 32 added.
The largest buyer was Bank of America, adding an estimated $5.3M. The largest seller was Mainstay Capital Management, exiting entirely with an estimated $23.9M sold.
- 93 institutional investors held iShares Residential and Multisector Real Estate ETF (REZ) as of Q1 2020, down from 105 in Q4 2019.
- Funds reported $119M of iShares Residential and Multisector Real Estate ETF stock for Q1 2020, down 41% quarter-over-quarter.
- 20 funds opened new iShares Residential and Multisector Real Estate ETF positions in Q1 2020 and 29 closed out, a net change of -9 holders.
- The largest iShares Residential and Multisector Real Estate ETF buyer in Q1 2020 was Bank of America, an estimated $5.3M added.
- The largest iShares Residential and Multisector Real Estate ETF seller in Q1 2020 was Mainstay Capital Management, an estimated $23.9M sold.
Based on aggregated 13F filings for Q1 2020.