InfraREIT, Inc.
HIFR
HIFR was delisted on the 16th of May, 2019.
130 hedge funds and large institutions have $861M invested in InfraREIT, Inc. in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 40 reducing their positions, and 22 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 40
4% less capital invested
Capital invested by funds: $893M → $861M (-$31.9M)
4% less funds holding
Funds holding: 136 → 130 (-6)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
86% less call options, than puts
Call options by funds: $35K | Put options by funds: $247K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$16.6M |
| 2 |
VI
Versor Investments
New York
|
+$14.4M |
| 3 |
WIC
Water Island Capital
New York
|
+$12.1M |
| 4 |
Renaissance Technologies
New York
|
+$8.21M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$8.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGCM
Sand Grove Capital Management
London,
United Kingdom
|
-$31.6M |
| 2 |
Man Group
London,
United Kingdom
|
-$18.5M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$13.4M |
| 4 |
JP Morgan Chase
New York
|
-$10.6M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$8.71M |
HIFR Hedge Fund Activity: Q1 2019 in Review
130 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in InfraREIT, Inc. (HIFR) for Q1 2019, worth a combined $861M — down 3.6% from $893M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of HIFR and 17 opened new positions — a net loss of 5 holders — while 40 trimmed existing stakes and 48 added.
The largest buyer was Adage Capital Partners, adding an estimated $16.6M. The largest seller was Sand Grove Capital Management, exiting entirely with an estimated $31.6M sold.
- 130 institutional investors held InfraREIT, Inc. (HIFR) as of Q1 2019, down from 136 in Q4 2018.
- Funds reported $861M of InfraREIT, Inc. stock for Q1 2019, down 3.6% quarter-over-quarter.
- 17 funds opened new InfraREIT, Inc. positions in Q1 2019 and 22 closed out, a net change of -5 holders.
- The largest InfraREIT, Inc. buyer in Q1 2019 was Adage Capital Partners, an estimated $16.6M added.
- The largest InfraREIT, Inc. seller in Q1 2019 was Sand Grove Capital Management, an estimated $31.6M sold.
Based on aggregated 13F filings for Q1 2019.