LMP REAL ESTATE INCOME FUND INC. COM
RIT
RIT was delisted on the 6th of June, 2016.
29 hedge funds and large institutions have $32.8M invested in LMP REAL ESTATE INCOME FUND INC. COM in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
29% more capital invested
Capital invested by funds: $25.5M → $32.8M (+$7.38M)
4% more funds holding
Funds holding: 28 → 29 (+1)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.81M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$597K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$530K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$171K |
| 5 |
SG Americas Securities
New York
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$990K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$735K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$712K |
| 4 |
Cohen & Steers
New York
|
-$592K |
| 5 |
Morgan Stanley
New York
|
-$321K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $14K | +$72 | +6 | +0.6% |
|
|
PSI
27
Pinnacle Summer Investments
Fairfax,
Virginia
| $11K | – | – | – |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $6K | -$10.7K | -895 | -64% |
|
29
Citigroup
New York
| $2K | +$2.09K | +175 | New |
|
|
30
Invesco
Atlanta,
Georgia
| – | -$712K | -63,402 | Closed |
|
|
31
Cohen & Steers
New York
| – | -$592K | -52,732 | Closed |
|
|
ICOA
32
Investment Centers of America
Bismarck,
North Dakota
| – | -$126K | -11,436 | Closed |
|
RIT Hedge Fund Activity: Q4 2014 in Review
29 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in LMP REAL ESTATE INCOME FUND INC. COM (RIT) for Q4 2014, worth a combined $32.8M — up 29% from $25.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RIT positions and 3 closed out — a net gain of 2 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $6.81M. The largest seller was Mariner Investment Group, cutting an estimated $990K.
- 29 institutional investors held LMP REAL ESTATE INCOME FUND INC. COM (RIT) as of Q4 2014, up from 28 in Q3 2014.
- Funds reported $32.8M of LMP REAL ESTATE INCOME FUND INC. COM stock for Q4 2014, up 29% quarter-over-quarter.
- 5 funds opened new LMP REAL ESTATE INCOME FUND INC. COM positions in Q4 2014 and 3 closed out, a net change of +2 holders.
- The largest LMP REAL ESTATE INCOME FUND INC. COM buyer in Q4 2014 was Sit Investment Associates, an estimated $6.81M added.
- The largest LMP REAL ESTATE INCOME FUND INC. COM seller in Q4 2014 was Mariner Investment Group, an estimated $990K sold.
Based on aggregated 13F filings for Q4 2014.