Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
SMTA was delisted on the 31st of December, 2019.
168 hedge funds and large institutions have $428M invested in Spirit MTA REIT Common Shares of Beneficial Interest in 2018 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 34 increasing their positions, 62 reducing their positions, and 29 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
7% more capital invested
Capital invested by funds: $399M → $428M (+$28.6M)
7% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 29
1% more funds holding
Funds holding: 167 → 168 (+1)
45% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 62
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $176K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$15M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$5.99M |
| 3 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$5.95M |
| 4 |
AFA
Alta Fundamental Advisers
New York
|
+$5.77M |
| 5 |
Millennium Management
New York
|
+$5.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.1M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$13.1M |
| 3 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$8.48M |
| 4 |
TA
Teachers Advisors
New York
|
-$4.65M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$4.03M |
SMTA Hedge Fund Activity: Q3 2018 in Review
168 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Spirit MTA REIT Common Shares of Beneficial Interest (SMTA) for Q3 2018, worth a combined $428M — up 7.2% from $399M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SMTA positions and 29 closed out — a net gain of 2 holders — while 34 added to existing stakes and 62 trimmed.
The largest buyer was Indaba Capital Management, opening a new position worth an estimated $15M. The largest seller was Fidelity Investments, cutting an estimated $13.1M.
- 168 institutional investors held Spirit MTA REIT Common Shares of Beneficial Interest (SMTA) as of Q3 2018, up from 167 in Q2 2018.
- Funds reported $428M of Spirit MTA REIT Common Shares of Beneficial Interest stock for Q3 2018, up 7.2% quarter-over-quarter.
- 31 funds opened new Spirit MTA REIT Common Shares of Beneficial Interest positions in Q3 2018 and 29 closed out, a net change of +2 holders.
- The largest Spirit MTA REIT Common Shares of Beneficial Interest buyer in Q3 2018 was Indaba Capital Management, an estimated $15M added.
- The largest Spirit MTA REIT Common Shares of Beneficial Interest seller in Q3 2018 was Fidelity Investments, an estimated $13.1M sold.
Based on aggregated 13F filings for Q3 2018.