Invitation Homes
INVH
277 hedge funds and large institutions have $12.5B invested in Invitation Homes in 2018 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 129 increasing their positions, 75 reducing their positions, and 36 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 75
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
0.73% more ownership
Funds ownership: 105.06% → 105.79% (+0.73%)
3% less capital invested
Capital invested by funds: $12.8B → $12.5B (-$326M)
6% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 36
1% less funds holding
Funds holding: 281 → 277 (-4)
67% less call options, than puts
Call options by funds: $3.36M | Put options by funds: $10.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$70M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$42.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$36.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$32.8M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$133M |
| 2 |
ZP
Zimmer Partners
New York
|
-$95.3M |
| 3 |
Morgan Stanley
New York
|
-$66.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$65.2M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$48.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFBTD
301
MB Financial Bank - Trust Department
Rosemont,
Illinois
| – | -$53K | -2,250 | Closed |
|
|
NIT
302
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$45K | -1,900 | Closed |
|
|
RPC
303
Rossmore Private Capital
Glastonbury,
Connecticut
| – | -$29.2K | -1,237 | Closed |
|
|
CCA
304
Catalyst Capital Advisors
Huntington,
New York
| – | -$7K | -300 | Closed |
|
|
TG
305
TLP Group
Evanston,
Illinois
| – | -$6K | -267 | Closed |
|
306
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$4K | -185 | Closed |
|
|
CCM
307
Cribstone Capital Management
Augusta,
Maine
| – | -$4K | -175 | Closed |
|
|
STA
308
Summit Trail Advisors
New York
| – | -$3K | -145 | Closed |
|
|
CG
309
Cutler Group
San Francisco,
California
| – | -$910 | -41 | Closed |
|
|
CT
310
Clearstead Trust
Portland,
Maine
| – | -$1K | -28 | Closed |
|
INVH Hedge Fund Activity: Q1 2018 in Review
277 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Invitation Homes (INVH) for Q1 2018, worth a combined $12.5B — down 2.5% from $12.8B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of INVH and 34 opened new positions — a net loss of 2 holders — while 75 trimmed existing stakes and 129 added.
The largest buyer was Cohen & Steers, adding an estimated $70M. The largest seller was Bank of New York Mellon, cutting an estimated $133M.
- 277 institutional investors held Invitation Homes (INVH) as of Q1 2018, down from 281 in Q4 2017.
- Funds reported $12.5B of Invitation Homes stock for Q1 2018, down 2.5% quarter-over-quarter.
- 34 funds opened new Invitation Homes positions in Q1 2018 and 36 closed out, a net change of -2 holders.
- The largest Invitation Homes buyer in Q1 2018 was Cohen & Steers, an estimated $70M added.
- The largest Invitation Homes seller in Q1 2018 was Bank of New York Mellon, an estimated $133M sold.
Based on aggregated 13F filings for Q1 2018.