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CareTrust REIT

240 hedge funds and large institutions have $1.91B invested in CareTrust REIT in 2019 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 98 increasing their positions, 60 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

139% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 23

63% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 60

34% more capital invested

Capital invested by funds: $1.43B → $1.91B (+$479M)

14% more funds holding

Funds holding: 210240 (+30)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.07% less ownership

Funds ownership: 92.41%91.33% (-1.1%)

55% less call options, than puts

Call options by funds: $303K | Put options by funds: $666K

Holders
240
Holders Change
+30
Holders Change %
+14.29%
% of All Funds
5.19%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
55
Increased
98
Reduced
60
Closed
23
Calls
$303K
Puts
$666K
Net Calls
-$363K
Net Calls Change
-$411K
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
26
Penserra Capital Management
California
$14.6M +$13.2M +600,323 New
Two Sigma Advisers
27
Two Sigma Advisers
New York
$14.3M +$769K +35,100 +6%
Norges Bank
28
Norges Bank
Norway
$14.1M +$13.2M +602,806 New
Morgan Stanley
29
Morgan Stanley
New York
$13M -$1.58M -72,247 -12%
KCM
30
Kennedy Capital Management
Missouri
$12.5M -$1.72M -78,405 -13%
Charles Schwab
31
Charles Schwab
California
$11.7M +$828K +37,804 +8%
Legal & General Group
32
Legal & General Group
United Kingdom
$11M +$1.53M +69,957 +17%
Wells Fargo
33
Wells Fargo
California
$11M +$3.13K +143 +0%
Public Sector Pension Investment Board (PSP Investments)
34
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$10.9M +$4.36M +199,200 +74%
Deutsche Bank
35
Deutsche Bank
Germany
$10.8M -$4.11M -187,650 -29%
Bank of America
36
Bank of America
North Carolina
$10.6M -$1.33M -60,522 -12%
HA
37
Heartland Advisors
Wisconsin
$9.38M -$14.1M -643,700 -62%
Baird Financial Group
38
Baird Financial Group
Wisconsin
$7.81M +$783K +35,737 +12%
VRS
39
Virginia Retirement Systems
Virginia
$7.54M +$3.7M +168,800 +111%
Bank of Montreal
40
Bank of Montreal
Ontario, Canada
$7.02M +$4.42M +201,730 +207%
PPA
41
Parametric Portfolio Associates
Washington
$6.88M +$3.28M +149,919 +105%
UBS AM
42
UBS AM
Illinois
$6.59M +$1.28M +58,493 +26%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$6.41M +$353K +16,129 +6%
MPAM
44
Monarch Partners Asset Management
Massachusetts
$6.18M +$1.63M +74,210 +39%
SEI Investments
45
SEI Investments
Pennsylvania
$6.15M +$4.43M +202,155 +337%
JP Morgan Chase
46
JP Morgan Chase
New York
$5.94M +$3.21M +146,532 +137%
Caisse de Depot et Placement du Quebec (CDPQ)
47
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$5.77M +$5.39M +245,974 New
APG Asset Management
48
APG Asset Management
Netherlands
$5.32M +$5.57M +254,400 New
D.E. Shaw & Co
49
D.E. Shaw & Co
New York
$5.29M -$7.66M -349,867 -61%
GS
50
Gagnon Securities
New York
$5.15M -$127K -5,784 -3%

CTRE Hedge Fund Activity: Q1 2019 in Review

240 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in CareTrust REIT (CTRE) for Q1 2019, worth a combined $1.91B — up 34% from $1.43B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new CTRE positions and 23 closed out — a net gain of 32 holders — while 98 added to existing stakes and 60 trimmed.

The largest buyer was Copper Rock Capital Partners, opening a new position worth an estimated $23.3M. The largest seller was Fidelity Investments, cutting an estimated $55.3M.

  • 240 institutional investors held CareTrust REIT (CTRE) as of Q1 2019, up from 210 in Q4 2018.
  • Funds reported $1.91B of CareTrust REIT stock for Q1 2019, up 34% quarter-over-quarter.
  • 55 funds opened new CareTrust REIT positions in Q1 2019 and 23 closed out, a net change of +32 holders.
  • The largest CareTrust REIT buyer in Q1 2019 was Copper Rock Capital Partners, an estimated $23.3M added.
  • The largest CareTrust REIT seller in Q1 2019 was Fidelity Investments, an estimated $55.3M sold.

Based on aggregated 13F filings for Q1 2019.