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 |
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.