LMP REAL ESTATE INCOME FUND INC. COM
RIT
RIT was delisted on the 6th of June, 2016.
28 hedge funds and large institutions have $22M invested in LMP REAL ESTATE INCOME FUND INC. COM in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
22% more funds holding
Funds holding: 23 → 28 (+5)
0% less capital invested
Capital invested by funds: $22M → $22M (-$37K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$832K |
| 2 |
Morgan Stanley
New York
|
+$612K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$491K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$472K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.02M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$439K |
| 3 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
-$424K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$242K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
Blume Capital Management
Berkeley,
California
| $28K | +$28.7K | +2,777 | New |
|
27
Citigroup
New York
| $22K | -$40.7K | -3,948 | -64% |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $11K | +$62 | +6 | +0.6% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $6K | +$6.19K | +600 | New |
|
|
ICOA
30
Investment Centers of America
Bismarck,
North Dakota
| – | -$242K | -23,150 | Closed |
|
31
Nomura Holdings
Tokyo,
Japan
| – | -$2K | -200 | Closed |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -100 | Closed |
|
RIT Hedge Fund Activity: Q4 2013 in Review
28 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in LMP REAL ESTATE INCOME FUND INC. COM (RIT) for Q4 2013, worth a combined $22M — down 0.17% from $22M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RIT positions and 3 closed out — a net gain of 5 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $832K. The largest seller was Advisors Asset Management, cutting an estimated $2.02M.
- 28 institutional investors held LMP REAL ESTATE INCOME FUND INC. COM (RIT) as of Q4 2013, up from 23 in Q3 2013.
- Funds reported $22M of LMP REAL ESTATE INCOME FUND INC. COM stock for Q4 2013, down 0.17% quarter-over-quarter.
- 8 funds opened new LMP REAL ESTATE INCOME FUND INC. COM positions in Q4 2013 and 3 closed out, a net change of +5 holders.
- The largest LMP REAL ESTATE INCOME FUND INC. COM buyer in Q4 2013 was Cornerstone Advisors, an estimated $832K added.
- The largest LMP REAL ESTATE INCOME FUND INC. COM seller in Q4 2013 was Advisors Asset Management, an estimated $2.02M sold.
Based on aggregated 13F filings for Q4 2013.