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Vornado Realty Trust 5.40% Series L Preferred Shares

3 hedge funds and large institutions have $1.28M invested in Vornado Realty Trust 5.40% Series L Preferred Shares in 2013 Q4 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 2 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.2% less ownership

Funds ownership: 0.77%0.57% (-0.2%)

31% less capital invested

Capital invested by funds: $1.84M → $1.28M (-$562K)

40% less funds holding

Funds holding: 53 (-2)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 2

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 2

Holders
3
Holders Change
-2
Holders Change %
-40%
% of All Funds
0.09%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
2
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PR
1
Payden & Rygel
California
$1.22M -$62.4K -3,170 -5%
ECM
2
EII Capital Management
New York
$47K
RFA
3
Reilly Financial Advisors
California
$15K -$17.7K -900 -53%
SOAMC
4
Spirit of America Management Corp
New York
-$399K -20,000 Closed

VNO.PRL Hedge Fund Activity: Q4 2013 in Review

3 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Vornado Realty Trust 5.40% Series L Preferred Shares (VNO.PRL) for Q4 2013, worth a combined $1.28M — down 31% from $1.84M a quarter earlier.

Sellers outnumbered buyers: 2 funds closed out of VNO.PRL and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 0 added.

The largest seller was Spirit of America Management Corp, exiting entirely with an estimated $399K sold.

  • 3 institutional investors held Vornado Realty Trust 5.40% Series L Preferred Shares (VNO.PRL) as of Q4 2013, down from 5 in Q3 2013.
  • Funds reported $1.28M of Vornado Realty Trust 5.40% Series L Preferred Shares stock for Q4 2013, down 31% quarter-over-quarter.
  • 0 funds opened new Vornado Realty Trust 5.40% Series L Preferred Shares positions in Q4 2013 and 2 closed out, a net change of -2 holders.
  • The largest Vornado Realty Trust 5.40% Series L Preferred Shares seller in Q4 2013 was Spirit of America Management Corp, an estimated $399K sold.

Based on aggregated 13F filings for Q4 2013.