LMP REAL ESTATE INCOME FUND INC. COM
RIT
RIT was delisted on the 6th of June, 2016.
28 hedge funds and large institutions have $25.5M invested in LMP REAL ESTATE INCOME FUND INC. COM in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 8 closing their positions.
1% less capital invested
Capital invested by funds: $25.7M → $25.5M (-$246K)
7% less funds holding
Funds holding: 30 → 28 (-2)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.76M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$2.39M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$815K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$567K |
| 5 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$564K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.76M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.32M |
| 4 |
Cohen & Steers
New York
|
-$820K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$561K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $33.7K | – | – | – |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| $16K | +$16.1K | +1,395 | New |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $12K | +$58 | +5 | +0.5% |
|
|
PSI
29
Pinnacle Summer Investments
Fairfax,
Virginia
| $9K | +$9.41K | +814 | New |
|
|
BI
30
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$1.76M | -152,582 | Closed |
|
|
TC
31
TFS Capital
West Chester,
Pennsylvania
| – | -$561K | -48,739 | Closed |
|
32
AQR Capital Management
Greenwich,
Connecticut
| – | -$545K | -47,332 | Closed |
|
|
SFS
33
Shaker Financial Services
Arlington,
Virginia
| – | -$415K | -36,052 | Closed |
|
|
CIC
34
Carnegie Investment Counsel
Pepper Pike,
Ohio
| – | -$128K | -11,140 | Closed |
|
|
LCM
35
Landscape Capital Management
Englewood,
New Jersey
| – | -$128K | -11,092 | Closed |
|
36
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$6K | -529 | Closed |
|
37
Citigroup
New York
| – | -$3K | -299 | Closed |
|
RIT Hedge Fund Activity: Q3 2014 in Review
28 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in LMP REAL ESTATE INCOME FUND INC. COM (RIT) for Q3 2014, worth a combined $25.5M — down 0.96% from $25.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RIT and 6 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $3.76M. The largest seller was Bulldog Investors, exiting entirely with an estimated $1.76M sold.
- 28 institutional investors held LMP REAL ESTATE INCOME FUND INC. COM (RIT) as of Q3 2014, down from 30 in Q2 2014.
- Funds reported $25.5M of LMP REAL ESTATE INCOME FUND INC. COM stock for Q3 2014, down 0.96% quarter-over-quarter.
- 6 funds opened new LMP REAL ESTATE INCOME FUND INC. COM positions in Q3 2014 and 8 closed out, a net change of -2 holders.
- The largest LMP REAL ESTATE INCOME FUND INC. COM buyer in Q3 2014 was Rivernorth Capital Management, an estimated $3.76M added.
- The largest LMP REAL ESTATE INCOME FUND INC. COM seller in Q3 2014 was Bulldog Investors, an estimated $1.76M sold.
Based on aggregated 13F filings for Q3 2014.