BRT Apartments
BRT
75 hedge funds and large institutions have $68.7M invested in BRT Apartments in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
25% more capital invested
Capital invested by funds: $55M → $68.7M (+$13.8M)
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
7% more funds holding
Funds holding: 70 → 75 (+5)
0.61% more ownership
Funds ownership: 30.79% → 31.41% (+0.61%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
+$1.14M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$539K |
| 3 |
BlackRock
New York
|
+$472K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$354K |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$305K |
| 2 |
TL
TowerView LLC
New York
|
-$262K |
| 3 |
Millennium Management
New York
|
-$205K |
| 4 |
RA
RMR Advisors
Newton,
Massachusetts
|
-$191K |
| 5 |
Renaissance Technologies
New York
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Millennium Management
New York
| – | -$205K | -17,877 | Closed |
|
|
TIAAOA
77
Teachers Insurance & Annuity Association of America
New York
| – | -$142K | -12,485 | Closed |
|
|
CPA
78
Cowen Prime Advisors
New York
| – | -$115K | -10,025 | Closed |
|
|
FFW
79
Fusion Family Wealth
Woodbury,
New York
| – | -$83K | -7,250 | Closed |
|
80
Twin Tree Management
Dallas,
Texas
| – | -$3K | -300 | Closed |
|
81
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$3K | -241 | Closed |
|
BRT Hedge Fund Activity: Q1 2019 in Review
75 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in BRT Apartments (BRT) for Q1 2019, worth a combined $68.7M — up 25% from $55M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BRT positions and 6 closed out — a net gain of 5 holders — while 23 added to existing stakes and 20 trimmed.
The largest buyer was L.J. Altfest & Co, opening a new position worth an estimated $1.14M. The largest seller was Stifel Financial, cutting an estimated $305K.
- 75 institutional investors held BRT Apartments (BRT) as of Q1 2019, up from 70 in Q4 2018.
- Funds reported $68.7M of BRT Apartments stock for Q1 2019, up 25% quarter-over-quarter.
- 11 funds opened new BRT Apartments positions in Q1 2019 and 6 closed out, a net change of +5 holders.
- The largest BRT Apartments buyer in Q1 2019 was L.J. Altfest & Co, an estimated $1.14M added.
- The largest BRT Apartments seller in Q1 2019 was Stifel Financial, an estimated $305K sold.
Based on aggregated 13F filings for Q1 2019.