LMP REAL ESTATE INCOME FUND INC. COM
RIT
RIT was delisted on the 6th of June, 2016.
31 hedge funds and large institutions have $32M invested in LMP REAL ESTATE INCOME FUND INC. COM in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
7% more funds holding
Funds holding: 29 → 31 (+2)
3% less capital invested
Capital invested by funds: $32.8M → $32M (-$850K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.1M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.02M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$870K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$402K |
| 5 |
CT
CMT Trading
Chicago,
Illinois
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.64M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.35M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.18M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$627K |
| 5 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$612K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $31K | +$31.4K | +2,400 | New |
|
|
BBPWM
27
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $21K | +$21.8K | +1,669 | New |
|
|
PSI
28
Pinnacle Summer Investments
Fairfax,
Virginia
| $11K | – | – | – |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $7K | +$6.77K | +518 | New |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $6K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $4K | +$4.03K | +308 | New |
|
|
32
AQR Capital Management
Greenwich,
Connecticut
| – | -$627K | -49,945 | Closed |
|
|
GFM
33
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$612K | -48,800 | Closed |
|
34
SG Americas Securities
New York
| – | -$173K | -13,824 | Closed |
|
|
RTS
35
Round Table Services
Westfield,
New Jersey
| – | -$129K | -10,300 | Closed |
|
36
Citigroup
New York
| – | -$2K | -175 | Closed |
|
RIT Hedge Fund Activity: Q1 2015 in Review
31 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in LMP REAL ESTATE INCOME FUND INC. COM (RIT) for Q1 2015, worth a combined $32M — down 2.6% from $32.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RIT positions and 5 closed out — a net gain of 3 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Icon Advisers, opening a new position worth an estimated $1.1M. The largest seller was Sit Investment Associates, cutting an estimated $1.64M.
- 31 institutional investors held LMP REAL ESTATE INCOME FUND INC. COM (RIT) as of Q1 2015, up from 29 in Q4 2014.
- Funds reported $32M of LMP REAL ESTATE INCOME FUND INC. COM stock for Q1 2015, down 2.6% quarter-over-quarter.
- 8 funds opened new LMP REAL ESTATE INCOME FUND INC. COM positions in Q1 2015 and 5 closed out, a net change of +3 holders.
- The largest LMP REAL ESTATE INCOME FUND INC. COM buyer in Q1 2015 was Icon Advisers, an estimated $1.1M added.
- The largest LMP REAL ESTATE INCOME FUND INC. COM seller in Q1 2015 was Sit Investment Associates, an estimated $1.64M sold.
Based on aggregated 13F filings for Q1 2015.