BrightSpire CapitalBRSP
Market Cap: $752M
About: BrightSpire Capital Inc is an internally-managed commercial real estate credit REIT focused on originating, acquiring, financing and managing a diversified portfolio of commercial real estate debt and net lease real estate investments predominantly in the United States. CRE debt investments consist of first mortgage loans with the objective of generating consistent risk-adjusted returns. The operating segments of the company are Senior and Mezzanine Loans and Preferred Equity, Net Leased and Other Real Estate, Corporate and Other. Geographically, the company generates revenue from the United States.
Employees: 55
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
36% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 25
30% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 53
5% more funds holding
Funds holding: 189 [Q1] → 198 (+9) [Q2]
4.57% more ownership
Funds ownership: 55.31% [Q1] → 59.88% (+4.57%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
10% less capital invested
Capital invested by funds: $496M [Q1] → $447M (-$49.4M) [Q2]
52% less call options, than puts
Call options by funds: $265K | Put options by funds: $551K
Research analyst outlook
We haven’t received any recent analyst ratings for BRSP.