Beach Investment Management’s NorthStar Realty Finance Corp. NRF Stock Holding History

Beach Investment Management’s Portfolio NRF Stock Details NRF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-26,559	Closed	-$845K	–	55
2015 Q2	$845K	Sell	26,559 -495	-2%	-$17.8K	1.26%	34
2015 Q1	$980K	Hold	27,054	–	–	1.44%	31
2014 Q4	$951K	Hold	27,054	–	–	1.34%	35
2014 Q3	$956K	Sell	27,054 -28,054	-51%	-$982K	1.4%	30
2014 Q2	$1.88M	Sell	55,108 -40,068	-42%	-$1.26M	2.58%	12
2014 Q1	$3.02M	Hold	95,176	–	–	3.99%	6
2013 Q4	$2.51M	Hold	95,176	–	–	3.49%	6
2013 Q3	$1.73M	Hold	95,176	–	–	2.67%	14
2013 Q2	$1.7M	Buy	+95,176	New	+$1.74M	2.97%	12

Other funds holding NRF

LTI

Laffer Tengler Investments Nashville, Tennessee $782M AUM 33.6% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

SCM

Steadfast Capital Management New York $2.92B AUM 26.34% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Maverick Capital Dallas, Texas $8.67B AUM 48.76% 1-Year Est. Return

LCG

Luxor Capital Group New York $1.43B AUM 30.88% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Brookfield Corp Toronto, Ontario, Canada $74.2B AUM 0.68% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Alyeska Investment Group Chicago, Illinois $35.4B AUM 33.54% 1-Year Est. Return

Beach Investment Management's NRF Position: Q3 2015 in Review

Beach Investment Management sold out of NorthStar Realty Finance Corp. (NRF) in Q3 2015, closing a stake of 26,559 shares — an estimated $845K sold.

Beach Investment Management first reported a position in NRF in Q2 2013 and held it in 9 quarters. The position peaked at $3.02M in Q1 2014. 310 funds tracked by Wall St. Rank hold NRF as of Q3 2015.

Beach Investment Management reported no remaining NorthStar Realty Finance Corp. position as of Q3 2015 after selling out during the quarter.
Beach Investment Management sold 26,559 NorthStar Realty Finance Corp. shares in Q3 2015, an estimated $845K.
Beach Investment Management first reported a position in NorthStar Realty Finance Corp. in Q2 2013 and held it in 9 quarters.
Beach Investment Management's NorthStar Realty Finance Corp. position peaked at $3.02M in Q1 2014.
310 funds tracked by Wall St. Rank held NorthStar Realty Finance Corp. as of Q3 2015.

Based on Beach Investment Management's 13F filing for Q3 2015, filed 20 Oct 2015.