LMP REAL ESTATE INCOME FUND INC. COM
RIT
RIT was delisted on the 6th of June, 2016.
31 hedge funds and large institutions have $25.6M invested in LMP REAL ESTATE INCOME FUND INC. COM in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
17% more capital invested
Capital invested by funds: $22M → $25.6M (+$3.67M)
11% more funds holding
Funds holding: 28 → 31 (+3)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$848K |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$781K |
| 3 |
Morgan Stanley
New York
|
+$480K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$368K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$967K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$515K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$308K |
| 4 |
SG Americas Securities
New York
|
-$243K |
| 5 |
LPL Financial
San Diego,
California
|
-$161K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
AllianceBernstein
Nashville,
Tennessee
| $89K | +$86.3K | +8,220 | New |
|
27
Envestnet Asset Management
Chicago,
Illinois
| $56K | +$54.8K | +5,220 | New |
|
|
BCM
28
Blume Capital Management
Berkeley,
California
| $51K | +$20.3K | +1,937 | +70% |
|
|
NES
29
New England Securities
New York
| $47K | -$2.63K | -250 | -5% |
|
|
AIG
30
American International Group
New York
| $32.4K | +$31.5K | +3,000 | New |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| $12K | +$53 | +5 | +0.5% |
|
32
Citigroup
New York
| $2K | -$21.2K | -2,019 | -92% |
|
|
33
SG Americas Securities
New York
| – | -$243K | -24,199 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$138K | -13,692 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$6K | -600 | Closed |
|
RIT Hedge Fund Activity: Q1 2014 in Review
31 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in LMP REAL ESTATE INCOME FUND INC. COM (RIT) for Q1 2014, worth a combined $25.6M — up 17% from $22M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RIT positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $848K. The largest seller was Advisors Asset Management, cutting an estimated $967K.
- 31 institutional investors held LMP REAL ESTATE INCOME FUND INC. COM (RIT) as of Q1 2014, up from 28 in Q4 2013.
- Funds reported $25.6M of LMP REAL ESTATE INCOME FUND INC. COM stock for Q1 2014, up 17% quarter-over-quarter.
- 6 funds opened new LMP REAL ESTATE INCOME FUND INC. COM positions in Q1 2014 and 3 closed out, a net change of +3 holders.
- The largest LMP REAL ESTATE INCOME FUND INC. COM buyer in Q1 2014 was Bulldog Investors, an estimated $848K added.
- The largest LMP REAL ESTATE INCOME FUND INC. COM seller in Q1 2014 was Advisors Asset Management, an estimated $967K sold.
Based on aggregated 13F filings for Q1 2014.