Vault-13

APARTMENT INCOME REIT CORP AIRC

COM · REIT · CUSIP 03750L109

291 institutional holders +0 vs Q4 2023
155,693,250155.7m shares reported held*
$5.1bnreported value*
33 new 103 added 112 reduced 35 sold out net bought ≈ $38.9m (+1.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $32.49. Options: 7 managers hold calls ($2.8m notional), 9 hold puts ($23.8m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 307Q4 22: 316Q1 23: 300Q2 23: 305Q3 23: 268Q4 23: 291Q1 24: 291291Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022307
Q4 2022316
Q1 2023300
Q2 2023305
Q3 2023268
Q4 2023291
Q1 2024291

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 137 bought or addedQ4 22: 163 cut or sold outQ4 22Q1 23: 141 bought or addedQ1 23: 153 cut or sold outQ1 23Q2 23: 132 bought or addedQ2 23: 153 cut or sold outQ2 23Q3 23: 122 bought or addedQ3 23: 153 cut or sold outQ3 23Q4 23: 132 bought or addedQ4 23: 143 cut or sold outQ4 23Q1 24: 136 bought or addedQ1 24: 147 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022137163
Q1 2023141153
Q2 2023132153
Q3 2023122153
Q4 2023132143
Q1 2024136147

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ2 23 calls: $2.6mQ2 23 puts: $1.2mQ2 23P/C 0.46Q3 23 calls: $1.1mQ3 23 puts: $800.7kQ3 23P/C 0.73Q4 23 calls: $1.1mQ4 23 puts: $1.6mQ4 23P/C 1.52Q1 24 calls: $2.8mQ1 24 puts: $23.8mQ1 24P/C 8.64
Numbers
QuarterCallsPutsP/C
Q2 2023$2.6m$1.2m0.46
Q3 2023$1.1m$800.7k0.73
Q4 2023$1.1m$1.6m1.52
Q1 2024$2.8m$23.8m8.64

Biggest buyers

COHEN & STEERS, INC. Added +3,416,141+3.4m
MORGAN STANLEY Added +1,661,392+1.7m
Invesco Ltd. Added +839,174+839.2k
AEW CAPITAL MANAGEMENT L P Added +786,080+786.1k
Long Pond Capital, LP Added +608,627+608.6k
JPMORGAN CHASE & CO Added +497,098+497.1k
Schonfeld Strategic Advisors LLC New +379,430+379.4k
SEI INVESTMENTS CO Added +289,330+289.3k
Daiwa Securities Group Inc. Added +272,221+272.2k
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Added +271,846+271.8k

Biggest sellers

CI INVESTMENTS INC. Reduced -1,733,440-1.7m
Nuveen Asset Management, LLC Reduced -1,161,659-1.2m
PRUDENTIAL FINANCIAL INC Reduced -876,840-876.8k
STATE STREET CORP Reduced -771,752-771.8k
VANGUARD GROUP INC Reduced -757,875-757.9k
Walleye Capital LLC Reduced -508,587-508.6k
PRINCIPAL FINANCIAL GROUP INC Reduced -457,178-457.2k
MILLENNIUM MANAGEMENT LLC Reduced -438,305-438.3k
Allspring Global Investments Holdings, LLC Reduced -427,739-427.7k
Verition Fund Management LLC Sold out -400,307-400.3k

Biggest calls

Twin Tree Management, LP New $876.7k27.0k shares
CITADEL ADVISORS LLC Added $746.8k23.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $626.7k19.3k shares
PEAK6 Investments LLC Reduced $250.0k7.7k shares
GROUP ONE TRADING LLC Reduced $178.6k5.5k shares
SIMPLEX TRADING, LLC Added $74.0k2.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Squarepoint Ops LLC New $8.3m254.2k shares
Caption Management, LLC New $8.3m254.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.6m109.5k shares
GROUP ONE TRADING LLC Added $1.9m58.4k shares
PEAK6 Investments LLC Added $987.1k30.4k shares
CITADEL ADVISORS LLC Added $496.8k15.3k shares
SIMPLEX TRADING, LLC Added $334.0k10.3k shares
Cutler Group LLC / CA New $4.0k11.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 20,481,11220.5m $665.0m $665.0m 0.01% Reduced -757.9k -757,875
2 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 18,613,15818.6m $604.4m $604.4m 0.03% Added +497.1k +497,098
3 BlackRock Inc. 0.01% of their portfolio New York, NY 17,235,08317.2m $559.6m $559.6m 0.01% Reduced -201.3k -201,336
4 COHEN & STEERS, INC. 0.93% of their portfolio NEW YORK, NY 13,710,69813.7m $445.1m $445.1m 0.93% Added +3.4m +3,416,141
5 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 7,505,6717.5m $243.7m $243.7m 0.01% Reduced -771.8k -771,752
6 PRINCIPAL FINANCIAL GROUP INC 0.14% of their portfolio DES MOINES, IA 7,330,9897.3m $238.0m $238.0m 0.14% Reduced -457.2k -457,178
7 FMR LLC 0.01% of their portfolio BOSTON, MA 5,693,1885.7m $184.9m $184.9m 0.01% Added +220.6k +220,554
8 ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio NASHVILLE, TN 4,842,2274.8m $157.2m $157.2m 0.06% Added +263.0k +262,973
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,314,7363.3m $107.6m $107.6m 0.00% Added +1.7m +1,661,392
10 Daiwa Securities Group Inc. 0.50% of their portfolio CHIYODA-KU,TOKYO, M0 2,723,4992.7m $88.4m $88.4m 0.50% Added +272.2k +272,221
11 DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.04% of their portfolio CHICAGO, IL 2,681,4442.7m $87.1m $87.1m 1.04% Added +237.6k +237,625
12 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 2,649,2282.6m $86.0m $86.0m 0.01% Reduced -195.3k -195,268
13 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 2,549,1562.5m $82.8m $82.8m 0.02% Added +839.2k +839,174
14 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 1.48% of their portfolio RADNOR, PA 2,454,6512.5m $79.7m $79.7m 1.48% Reduced -112.1k -112,149
15 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,205,2122.2m $71.6m $71.6m 0.02% Added +58.5k +58,549
16 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 2,138,8132.1m $69.4m $69.4m 0.02% Reduced -33.3k -33,266
17 Long Pond Capital, LP 3.79% of their portfolio New York, NY 2,027,2112.0m $65.8m $65.8m 3.79% Added +608.6k +608,627
18 LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 2.58% of their portfolio BALTIMORE, MD 1,928,4661.9m $62.6m $62.6m 2.58% Added +3.8k +3,822
19 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,819,9671.8m $59.1m $59.1m 0.01% Added +97.1k +97,092
20 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 1,592,1301.6m $51.7m $51.7m 0.04% Reduced -37.4k -37,435
21 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,589,0871.6m $51.6m $51.6m 0.01% Reduced -288.9k -288,874
22 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,366,1831.4m $44.4m $44.4m 0.01% Reduced -145.1k -145,130
23 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 1,352,2191.4m $43.9m $43.9m 0.04% Reduced -438.3k -438,305
24 Legal & General Group Plc 0.01% of their portfolio London, X0 1,269,1091.3m $41.2m $41.2m 0.01% Reduced -37.2k -37,151
25 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 1,266,8671.3m $41.1m $41.1m 0.03% Reduced -59.0k -59,043
26 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 1,266,2651.3m $41.1m $41.1m 0.01% Reduced -1.2m -1,161,659
27 Land & Buildings Investment Management, LLC 8.52% of their portfolio STAMFORD, CT 1,198,7391.2m $38.9m $38.9m 8.52% Added +20.4k +20,450
28 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 1,163,2591.2m $37.8m $37.8m 0.01% Reduced -14.0k -14,028
29 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 1,123,2941.1m $36.5m $36.5m 0.01% Added +271.8k +271,846
30 AEW CAPITAL MANAGEMENT L P 1.43% of their portfolio BOSTON, MA 903,320903.3k $29.3m $29.3m 1.43% Added +786.1k +786,080
31 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 800,374800.4k $26.0m $26.0m 0.03% Added +30.6k +30,596
32 PRUDENTIAL FINANCIAL INC 0.03% of their portfolio NEWARK, NJ 736,845736.8k $23.9m $23.9m 0.03% Reduced -876.8k -876,840
33 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 681,785681.8k $22.1m $22.1m 0.03% Added +289.3k +289,330
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 595,791595.8k $19.3m $19.3m 0.00% Reduced -108.9k -108,873
35 Mitsubishi UFJ Trust & Banking Corp 0.04% of their portfolio TOKYO, M0 591,367591.4k $18.8m $18.8m 0.04% Reduced -57.3k -57,279
36 AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio Greenwich, CT 535,647535.6k $17.4m $17.4m 0.03% Added +254.2k +254,184
37 Retirement Systems of Alabama 0.06% of their portfolio MONTGOMERY, AL 504,435504.4k $16.4m $16.4m 0.06% Reduced -2.7k -2,666
38 MACQUARIE GROUP LTD 0.02% of their portfolio Sydney, NSW 2000, C3 481,699481.7k $15.6m $15.6m 0.02% Reduced -9.0k -8,957
39 State of New Jersey Common Pension Fund D 0.04% of their portfolio TRENTON, NJ 456,874456.9k $14.8m $14.8m 0.04% Added +21.0k +21,041
40 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 434,945434.9k $14.1m $14.1m 0.01% Reduced -24.1k -24,084
41 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 428,129428.1k $13.9m $13.9m 0.01% Reduced -30.3k -30,270
42 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 381,967382.0k $12.4m $12.4m 0.02% Added +90.3k +90,330
43 Schonfeld Strategic Advisors LLC 0.10% of their portfolio NEW YORK, NY 379,430379.4k $12.3m $12.3m 0.10% New
44 State of Tennessee, Department of Treasury 0.05% of their portfolio NASHVILLE, TN 378,045378.0k $12.3m $12.3m 0.05% Added +4.2k +4,200
45 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 362,476362.5k $11.8m $11.8m 0.01% Added +58.6k +58,610
46 TUDOR INVESTMENT CORP ET AL 0.13% of their portfolio STAMFORD, CT 328,702328.7k $10.7m $10.7m 0.13% Added +144.8k +144,839
47 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio COLUMBUS, OH 309,228309.2k $10.0m $10.0m 0.04% Added +4.5k +4,547
48 Swiss National Bank 0.01% of their portfolio ZURICH, V8 290,284290.3k $9.4m $9.4m 0.01% Reduced -3.8k -3,800
49 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 275,815275.8k $9.0m $9.0m 0.00% Added +205.8k +205,804
50 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 264,429264.4k $8.6m $8.6m 0.01% Added +11.2k +11,167
51 B&I Capital AG 2.62% of their portfolio ZURICH, V8 254,846254.8k $8.3m $8.3m 2.62% Reduced -1.6k -1,650
52 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 247,872247.9k $8.0m $8.0m 0.00% Added +220.6k +220,591
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 246,762246.8k $8.0m $8.0m 0.00% Added +8.4k +8,441
54 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 231,473231.5k $7.5m $7.5m 0.00% Reduced -15.6k -15,644
55 Asset Management One Co., Ltd. 0.03% of their portfolio TOKYO, M0 228,939228.9k $7.4m $7.4m 0.03% Reduced -11.8k -11,800
56 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 220,600220.6k $7.2m $7.2m 0.01% Added +112.1k +112,100
57 State of Alaska, Department of Revenue 0.08% of their portfolio JUNEAU, AK 218,583218.6k $7.1m $7.1m 0.08% Reduced -556 -556
58 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 218,038218.0k $7.1m $7.1m 0.01% Reduced -8.2k -8,201
59 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio TALLAHASSEE, FL 205,107205.1k $7.3m $7.3m 0.02% Added +15.0k +15,034
60 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 203,425203.4k $6.6m $6.6m 0.00% Reduced -28.9k -28,908
61 AMERICAN INTERNATIONAL GROUP, INC. 0.02% of their portfolio New York, NY 191,271191.3k $6.2m $6.2m 0.02% Reduced -7.3k -7,297
62 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 188,675188.7k $6.1m $6.1m 0.00% Added +14.6k +14,621
63 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 187,002187.0k $6.1m $6.1m 0.01% Reduced -12.0k -12,042
64 NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio TOKYO, M0 178,910178.9k $5.8m $5.8m 0.02% Added +5.5k +5,510
65 Man Group plc 0.02% of their portfolio LONDON, X0 173,016173.0k $5.6m $5.6m 0.02% Added +28.6k +28,628
66 Amundi 0.00% of their portfolio Paris, I0 162,474162.5k $6.2m $6.2m 0.00% Reduced -184.4k -184,389
67 Holocene Advisors, LP 0.02% of their portfolio New York, NY 160,051160.1k $5.2m $5.2m 0.02% Added +57.7k +57,695
68 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 159,180159.2k $5.2m $5.2m 0.01% Reduced -20.0k -19,983
69 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.05% of their portfolio New York, NY 151,423151.4k $4.9m $4.9m 0.05% Reduced -4.9k -4,873
70 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 149,621149.6k $4.9m $4.9m 0.00% Added +127.6k +127,607
71 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 147,100147.1k $4.8m $4.8m 0.01% Reduced -10.6k -10,554
72 Robeco Institutional Asset Management B.V. 0.01% of their portfolio ROTTERDAM, P7 145,076145.1k $4.7m $4.7m 0.01% Reduced -12.0k -12,000
73 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 143,804143.8k $4.7m $4.7m 0.00% Reduced -13.2k -13,243
74 UBS Group AG 0.00% of their portfolio ZURICH, V8 130,586130.6k $4.2m $4.2m 0.00% Added +18.6k +18,611
75 CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.06% of their portfolio CONSHOHOCKEN, PA 127,628127.6k $4.9m $4.9m 0.06% Added +14.0k +14,000
76 TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio AUSTIN, TX 126,450126.5k $4.1m $4.1m 0.03% Added +539 +539
77 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 124,414124.4k $4.0m $4.0m 0.00% Added +4.8k +4,833
78 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 120,668120.7k $3.9m $3.9m 0.01% Reduced -427.7k -427,739
79 DekaBank Deutsche Girozentrale 0.01% of their portfolio FRANKFURT, 2M 120,614120.6k $3.9m $3.9m 0.01% Added +54.8k +54,760
80 LDR Capital Management LLC 2.62% of their portfolio New York, NY 119,832119.8k $3.9m $3.9m 2.62% Unchanged
81 PINEBRIDGE INVESTMENTS, L.P. 0.03% of their portfolio NEW YORK, NY 113,797113.8k $3.7m $3.7m 0.03% Reduced -13.9k -13,947
82 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 112,467112.5k $3.7m $3.7m 0.00% Added +27.3k +27,265
83 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 108,499108.5k $3.5m $3.5m 0.00% Reduced -14.3k -14,251
84 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 102,774102.8k $3.3m $3.3m 0.02% Added +40.5k +40,477
85 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 100,515100.5k $3.3m $3.3m 0.00% Reduced -20.5k -20,522
86 Simplicity Wealth,LLC 0.08% of their portfolio SUMMIT, NJ 99,52699.5k $3.2m $3.2m 0.08% New
87 Bleakley Financial Group, LLC 0.09% of their portfolio PARSIPPANY, NJ 99,52699.5k $3.2m $3.2m 0.09% Added +15.9k +15,885
88 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 99,15299.2k $3.2m $3.2m 0.00% New
89 AMALGAMATED BANK 0.03% of their portfolio NEW YORK, NY 98,63298.6k $3.2m $3.2m 0.03% Added +6.6k +6,624
90 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 98,29498.3k $3.2m $3.2m 0.00% Reduced -6.6k -6,630
91 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 98,19298.2k $3.2m $3.2m 0.00% Added +77.3k +77,291
92 Aurora Investment Managers, LLC. 2.11% of their portfolio NAPLES, FL 88,41988.4k $2.9m $2.9m 2.11% Added +17.0k +16,979
93 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 87,59387.6k $2.8m $2.8m 0.00% Added +1.2k +1,244
94 West Coast Financial LLC 0.34% of their portfolio SANTA BARBARA, CA 86,32686.3k $2.8m $2.8m 0.34% Added +1.2k +1,154
95 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 82,15882.2k $2.7m $2.7m 0.00% Added +4.1k +4,117
96 OVERSEA-CHINESE BANKING Corp Ltd 0.08% of their portfolio SINGAPORE, U0 80,51080.5k $2.6m $2.6m 0.08% Reduced -36.4k -36,371
97 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 79,74779.7k $2.6m $2.6m 0.00% Reduced -165.9k -165,881
98 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 79,41879.4k $2.6m $2.6m 0.02% Reduced -3.5k -3,501
99 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 77,79677.8k $3.0m $3.0m 0.01% Reduced -47.3k -47,268
100 Caption Management, LLC 0.26% of their portfolio OKLAHOMA CITY, OK 74,00074.0k $2.4m $2.4m 0.26% New