LMP REAL ESTATE INCOME FUND INC. COM
RIT
RIT was delisted on the 6th of June, 2016.
29 hedge funds and large institutions have $31M invested in LMP REAL ESTATE INCOME FUND INC. COM in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 7 closing their positions.
21% more capital invested
Capital invested by funds: $25.7M → $31M (+$5.29M)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
3% less funds holding
Funds holding: 30 → 29 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.93M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.76M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$2.39M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$815K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$567K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.32M |
| 3 |
Cohen & Steers
New York
|
-$820K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$561K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$545K |
RIT Hedge Fund Activity: Q3 2014 in Review
29 of the 3,455 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 $31M — up 21% from $25.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RIT and 6 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 9 added.
The largest buyer was Bulldog Investors, adding an estimated $3.93M. The largest seller was Advisors Asset Management, cutting an estimated $1.6M.
- 29 institutional investors held LMP REAL ESTATE INCOME FUND INC. COM (RIT) as of Q3 2014, down from 30 in Q2 2014.
- Funds reported $31M of LMP REAL ESTATE INCOME FUND INC. COM stock for Q3 2014, up 21% quarter-over-quarter.
- 6 funds opened new LMP REAL ESTATE INCOME FUND INC. COM positions in Q3 2014 and 7 closed out, a net change of -1 holder.
- The largest LMP REAL ESTATE INCOME FUND INC. COM buyer in Q3 2014 was Bulldog Investors, an estimated $3.93M added.
- The largest LMP REAL ESTATE INCOME FUND INC. COM seller in Q3 2014 was Advisors Asset Management, an estimated $1.6M sold.
Based on aggregated 13F filings for Q3 2014.