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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
BlackRock
1
BlackRock
New York
$399M +$20.9M +955,883 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$310M +$18.9M +864,025 +7%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$127M -$55.3M -2,524,311 -32%
State Street
4
State Street
Massachusetts
$77.5M +$14.4M +658,422 +25%
American Century Companies
5
American Century Companies
Missouri
$45.9M +$2.44M +111,532 +6%
Northern Trust
6
Northern Trust
Illinois
$42.5M -$199K -9,073 -0.5%
HRES
7
Heitman Real Estate Securities
Illinois
$38.2M -$1.74M -79,624 -5%
Millennium Management
8
Millennium Management
New York
$37.6M -$8.74M -398,765 -20%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$32.9M -$2.79M -127,466 -8%
Goldman Sachs
10
Goldman Sachs
New York
$30.8M +$17.4M +795,143 +154%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$29.6M +$698K +31,857 +3%
WMSA
12
Weiss Multi-Strategy Advisers
New York
$25.8M -$7.13M -325,465 -23%
CRCP
13
Copper Rock Capital Partners
Massachusetts
$24.9M +$23.3M +1,063,832 New
Prudential Financial
14
Prudential Financial
New Jersey
$24.9M +$20.3M +926,864 +685%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$24.8M +$2.07M +94,522 +10%
Renaissance Technologies
16
Renaissance Technologies
New York
$23.4M +$1.89M +86,200 +9%
TA
17
Teachers Advisors
New York
$23M +$967K +44,125 +5%
TCIM
18
TIAA CREF Investment Management
New York
$19.9M +$412K +18,803 +2%
KTA
19
Keeley-Teton Advisors
Illinois
$19.9M -$1.49M -67,907 -7%
Principal Financial Group
20
Principal Financial Group
Iowa
$19.8M +$698K +31,848 +4%
Invesco
21
Invesco
Georgia
$19.5M +$1.71M +78,029 +10%
ACM
22
AEW Capital Management
Massachusetts
$18.4M +$17.2M +785,800 New
Ameriprise
23
Ameriprise
Minnesota
$16.5M +$4.82M +220,147 +45%
Two Sigma Investments
24
Two Sigma Investments
New York
$16M -$2.35M -107,113 -14%
WBC
25
Westpac Banking Corp
Australia
$15.3M +$142K +6,486 +1%

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.