Invitation Homes
INVH
352 hedge funds and large institutions have $12B invested in Invitation Homes in 2020 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 156 increasing their positions, 125 reducing their positions, and 56 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 125
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
1.7% more ownership
Funds ownership: 101.88% → 103.58% (+1.7%)
9% more call options, than puts
Call options by funds: $2.2M | Put options by funds: $2.02M
5% less funds holding
Funds holding: 370 → 352 (-18)
25% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 56
27% less capital invested
Capital invested by funds: $16.4B → $12B (-$4.44B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$250M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$228M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$73.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$59.8M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$57.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$177M |
| 2 |
ZP
Zimmer Partners
New York
|
-$172M |
| 3 |
BlackRock
New York
|
-$67.9M |
| 4 |
AAMU
APG Asset Management US
New York
|
-$53.6M |
| 5 |
Millennium Management
New York
|
-$47.9M |
INVH Hedge Fund Activity: Q1 2020 in Review
352 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invitation Homes (INVH) for Q1 2020, worth a combined $12B — down 27% from $16.4B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of INVH and 42 opened new positions — a net loss of 14 holders — while 125 trimmed existing stakes and 156 added.
The largest buyer was Invesco, adding an estimated $250M. The largest seller was Cohen & Steers, cutting an estimated $177M.
- 352 institutional investors held Invitation Homes (INVH) as of Q1 2020, down from 370 in Q4 2019.
- Funds reported $12B of Invitation Homes stock for Q1 2020, down 27% quarter-over-quarter.
- 42 funds opened new Invitation Homes positions in Q1 2020 and 56 closed out, a net change of -14 holders.
- The largest Invitation Homes buyer in Q1 2020 was Invesco, an estimated $250M added.
- The largest Invitation Homes seller in Q1 2020 was Cohen & Steers, an estimated $177M sold.
Based on aggregated 13F filings for Q1 2020.