Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
SMTA was delisted on the 31st of December, 2019.
147 hedge funds and large institutions have $224M invested in Spirit MTA REIT Common Shares of Beneficial Interest in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 39 increasing their positions, 53 reducing their positions, and 23 closing their positions.
0% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 23
2% less funds holding
Funds holding: 150 → 147 (-3)
13% less capital invested
Capital invested by funds: $258M → $224M (-$34.6M)
26% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 53
46% less call options, than puts
Call options by funds: $21K | Put options by funds: $39K
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
+$11.6M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$4.38M |
| 3 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$3.78M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.02M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.88M |
| 2 |
BlackRock
New York
|
-$6.41M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.9M |
| 4 |
PIP
Permian Investment Partners
Dallas,
Texas
|
-$4.27M |
| 5 |
SCM
Scopia Capital Management
New York
|
-$4.19M |
SMTA Hedge Fund Activity: Q1 2019 in Review
147 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Spirit MTA REIT Common Shares of Beneficial Interest (SMTA) for Q1 2019, worth a combined $224M — down 13% from $258M a quarter earlier.
Fund positioning in SMTA was balanced in Q1 2019: 23 funds opened new positions, 23 closed out, 39 added to existing stakes and 53 trimmed.
The largest buyer was Davidson Kempner Capital Management, opening a new position worth an estimated $11.6M. The largest seller was Fidelity Investments, cutting an estimated $7.88M.
- 147 institutional investors held Spirit MTA REIT Common Shares of Beneficial Interest (SMTA) as of Q1 2019, down from 150 in Q4 2018.
- Funds reported $224M of Spirit MTA REIT Common Shares of Beneficial Interest stock for Q1 2019, down 13% quarter-over-quarter.
- 23 funds opened new Spirit MTA REIT Common Shares of Beneficial Interest positions in Q1 2019 and 23 closed out, a net change of 0 holders.
- The largest Spirit MTA REIT Common Shares of Beneficial Interest buyer in Q1 2019 was Davidson Kempner Capital Management, an estimated $11.6M added.
- The largest Spirit MTA REIT Common Shares of Beneficial Interest seller in Q1 2019 was Fidelity Investments, an estimated $7.88M sold.
Based on aggregated 13F filings for Q1 2019.