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CareTrust REIT

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.

New
Increased
Maintained
Reduced
Closed

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: 218195 (-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: 10 (-1)

Holders
195
Holders Change
-23
Holders Change %
-10.55%
% of All Funds
4.3%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
24
Increased
67
Reduced
75
Closed
44
Calls
$3.8M
Puts
$130K
Net Calls
+$3.67M
Net Calls Change
+$3.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$267M -$9.59M -483,478 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$226M +$8.19M +412,681 +3%
PI
3
PGGM Investments
Netherlands
$132M +$177M +8,900,000 New
Fidelity Investments
4
Fidelity Investments
Massachusetts
$87.1M +$6.84M +344,758 +6%
State Street
5
State Street
Massachusetts
$62.9M +$10.1M +506,995 +14%
Invesco
6
Invesco
Georgia
$56.1M +$5.2M +262,354 +7%
BPSG
7
Brookfield Public Securities Group
New York
$47.7M -$2.34M -117,863 -4%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$45.1M -$8.16M -411,129 -12%
Victory Capital Management
9
Victory Capital Management
Texas
$34.6M +$18.5M +931,871 +66%
Northern Trust
10
Northern Trust
Illinois
$31.7M -$523K -26,376 -1%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$21.5M +$166K +8,361 +0.6%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$21.2M +$1.98M +99,729 +7%
Norges Bank
13
Norges Bank
Norway
$19.9M +$1.02M +51,165 +4%
Cohen & Steers
14
Cohen & Steers
New York
$14.4M +$19.3M +971,862 New
Principal Financial Group
15
Principal Financial Group
Iowa
$13.4M -$382K -19,232 -2%
N
16
Nuveen
North Carolina
$11M +$2.33M +117,284 +19%
Legal & General Group
17
Legal & General Group
United Kingdom
$10.7M +$1.35M +68,143 +10%
Ameriprise
18
Ameriprise
Minnesota
$9.88M -$6.33M -319,028 -32%
Millennium Management
19
Millennium Management
New York
$9.45M +$861K +43,407 +7%
Charles Schwab
20
Charles Schwab
California
$8.85M +$144K +7,276 +1%
Goldman Sachs
21
Goldman Sachs
New York
$6.81M -$7.73M -389,420 -46%
KTA
22
Keeley-Teton Advisors
Illinois
$6.77M -$84.5K -4,259 -0.9%
ERSOT
23
Employees Retirement System of Texas
Texas
$6.76M +$7.07M +356,400 +353%
JP Morgan Chase
24
JP Morgan Chase
New York
$6.12M +$1.5M +75,757 +22%
American Century Companies
25
American Century Companies
Missouri
$6.09M -$9.04M -455,705 -53%

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.