CareTrust REIT
CTRE
195 hedge funds and large institutions have $1.32B invested in CareTrust REIT in 2020 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 67 increasing their positions, 75 reducing their positions, and 44 closing their positions.
2,820% more call options, than puts
Call options by funds: $3.8M | Put options by funds: $130K
0.25% less ownership
Funds ownership: 93.7% → 93.45% (-0.25%)
11% less funds holding
Funds holding: 218 → 195 (-23)
11% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 75
28% less capital invested
Capital invested by funds: $1.85B → $1.32B (-$526M)
45% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 44
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$177M |
| 2 |
Cohen & Steers
New York
|
+$19.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$18.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$10.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$64.7M |
| 2 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$24.9M |
| 3 |
LPC
Long Pond Capital
New York
|
-$21.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.1M |
| 5 |
Morgan Stanley
New York
|
-$11M |
CTRE Hedge Fund Activity: Q1 2020 in Review
195 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in CareTrust REIT (CTRE) for Q1 2020, worth a combined $1.32B — down 28% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of CTRE and 24 opened new positions — a net loss of 20 holders — while 75 trimmed existing stakes and 67 added.
The largest buyer was PGGM Investments, opening a new position worth an estimated $177M. The largest seller was Centersquare Investment Management, cutting an estimated $64.7M.
- 195 institutional investors held CareTrust REIT (CTRE) as of Q1 2020, down from 218 in Q4 2019.
- Funds reported $1.32B of CareTrust REIT stock for Q1 2020, down 28% quarter-over-quarter.
- 24 funds opened new CareTrust REIT positions in Q1 2020 and 44 closed out, a net change of -20 holders.
- The largest CareTrust REIT buyer in Q1 2020 was PGGM Investments, an estimated $177M added.
- The largest CareTrust REIT seller in Q1 2020 was Centersquare Investment Management, an estimated $64.7M sold.
Based on aggregated 13F filings for Q1 2020.