LMP REAL ESTATE INCOME FUND INC. COM
RIT
RIT was delisted on the 6th of June, 2016.
29 hedge funds and large institutions have $69.5M invested in LMP REAL ESTATE INCOME FUND INC. COM in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 4 closing their positions.
9% more capital invested
Capital invested by funds: $64M → $69.5M (+$5.55M)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
3% less funds holding
Funds holding: 30 → 29 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$3.51M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.04M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.58M |
| 4 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$899K |
| 5 |
Citigroup
New York
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$29.5M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$4.02M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$3.05M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.62M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$570K |
RIT Hedge Fund Activity: Q1 2016 in Review
29 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 2016, worth a combined $69.5M — up 8.7% from $64M a quarter earlier.
Fund positioning in RIT was balanced in Q1 2016: 4 funds opened new positions, 4 closed out, 10 added to existing stakes and 10 trimmed.
The largest buyer was Yakira Capital Management, adding an estimated $3.51M. The largest seller was Bulldog Investors, exiting entirely with an estimated $29.5M sold.
- 29 institutional investors held LMP REAL ESTATE INCOME FUND INC. COM (RIT) as of Q1 2016, down from 30 in Q4 2015.
- Funds reported $69.5M of LMP REAL ESTATE INCOME FUND INC. COM stock for Q1 2016, up 8.7% quarter-over-quarter.
- 4 funds opened new LMP REAL ESTATE INCOME FUND INC. COM positions in Q1 2016 and 4 closed out, a net change of 0 holders.
- The largest LMP REAL ESTATE INCOME FUND INC. COM buyer in Q1 2016 was Yakira Capital Management, an estimated $3.51M added.
- The largest LMP REAL ESTATE INCOME FUND INC. COM seller in Q1 2016 was Bulldog Investors, an estimated $29.5M sold.
Based on aggregated 13F filings for Q1 2016.