Independence Realty Trust
95 hedge funds and large institutions have $166M invested in Independence Realty Trust in 2015 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 46 increasing their positions, 20 reducing their positions, and 16 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 20
85% more capital invested
Capital invested by funds: $89.7M → $166M (+$76.1M)
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
15.63% more ownership
Funds ownership: 34.69% → 50.32% (+16%)
7% more funds holding
Funds holding: 89 → 95 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
+$29.3M |
| 2 |
MAC
Monarch Alternative Capital
New York
|
+$26.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.21M |
| 4 |
PMG
Private Management Group
Irvine,
California
|
+$6.16M |
| 5 |
BC
BHR Capital
New York
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$6.3M |
| 2 |
Two Sigma Investments
New York
|
-$1.29M |
| 3 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$1.24M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.16M |
| 5 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$888K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NCCM
101
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$248K | -33,000 | Closed |
|
102
D.E. Shaw & Co
New York
| – | -$246K | -32,651 | Closed |
|
|
GCP
103
GSA Capital Partners
London,
United Kingdom
| – | -$240K | -31,886 | Closed |
|
|
CS
104
Credit Suisse
Zurich,
Switzerland
| – | -$210K | -27,905 | Closed |
|
105
AQR Capital Management
Greenwich,
Connecticut
| – | -$110K | -14,600 | Closed |
|
|
MC
106
Menta Capital
San Francisco,
California
| – | -$103K | -13,672 | Closed |
|
107
Millennium Management
New York
| – | -$97K | -12,898 | Closed |
|
108
Citigroup
New York
| – | -$25.4K | -3,313 | -99% |
|
|
BRWM
109
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$18K | -2,500 | Closed |
|
|
HCM
110
Highlander Capital Management
Short Hills,
New Jersey
| – | +$54 | +7 | New |
|
111
First Manhattan
New York
| – | +$918 | +120 | New |
|
IRT Hedge Fund Activity: Q3 2015 in Review
95 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Independence Realty Trust (IRT) for Q3 2015, worth a combined $166M — up 85% from $89.7M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new IRT positions and 16 closed out — a net gain of 6 holders — while 46 added to existing stakes and 20 trimmed.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $29.3M. The largest seller was Ardsley Advisory Partners, cutting an estimated $6.3M.
- 95 institutional investors held Independence Realty Trust (IRT) as of Q3 2015, up from 89 in Q2 2015.
- Funds reported $166M of Independence Realty Trust stock for Q3 2015, up 85% quarter-over-quarter.
- 22 funds opened new Independence Realty Trust positions in Q3 2015 and 16 closed out, a net change of +6 holders.
- The largest Independence Realty Trust buyer in Q3 2015 was Senator Investment Group, an estimated $29.3M added.
- The largest Independence Realty Trust seller in Q3 2015 was Ardsley Advisory Partners, an estimated $6.3M sold.
Based on aggregated 13F filings for Q3 2015.