Independence Realty Trust
IRT
102 hedge funds and large institutions have $154M invested in Independence Realty Trust in 2016 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 19 reducing their positions, and 10 closing their positions.
116% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 19
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
7% more funds holding
Funds holding: 95 → 102 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.54% less ownership
Funds ownership: 50.49% → 46.96% (-3.5%)
11% less capital invested
Capital invested by funds: $174M → $154M (-$19.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.08M |
| 3 |
Renaissance Technologies
New York
|
+$2.43M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.89M |
| 5 |
Morgan Stanley
New York
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$25.5M |
| 2 |
BC
BHR Capital
New York
|
-$6.72M |
| 3 |
MAC
Monarch Alternative Capital
New York
|
-$5.33M |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.95M |
| 5 |
PMG
Private Management Group
Irvine,
California
|
-$1.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIG
101
Senator Investment Group
New York
| – | -$25.5M | -3,399,666 | Closed |
|
|
YMRC
102
Yorktown Management & Research Company
Forest,
Virginia
| – | -$1.95M | -260,000 | Closed |
|
|
ARTA
103
A.R.T. Advisors
New York
| – | -$201K | -26,786 | Closed |
|
|
AI
104
Analytic Investors
Los Angeles,
California
| – | -$105K | -13,925 | Closed |
|
105
LPL Financial
San Diego,
California
| – | -$91K | -12,175 | Closed |
|
106
BNP Paribas Financial Markets
Paris,
France
| – | -$48.6K | -6,466 | Closed |
|
107
UBS Group
Zurich,
Switzerland
| – | -$26K | -3,461 | Closed |
|
108
Bank of America
Charlotte,
North Carolina
| – | -$6K | -780 | Closed |
|
|
DBT
109
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$3K | -350 | Closed |
|
110
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -245 | Closed |
|
IRT Hedge Fund Activity: Q1 2016 in Review
102 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Independence Realty Trust (IRT) for Q1 2016, worth a combined $154M — down 11% from $174M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new IRT positions and 10 closed out — a net gain of 7 holders — while 41 added to existing stakes and 19 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $8.9M. The largest seller was Senator Investment Group, exiting entirely with an estimated $25.5M sold.
- 102 institutional investors held Independence Realty Trust (IRT) as of Q1 2016, up from 95 in Q4 2015.
- Funds reported $154M of Independence Realty Trust stock for Q1 2016, down 11% quarter-over-quarter.
- 17 funds opened new Independence Realty Trust positions in Q1 2016 and 10 closed out, a net change of +7 holders.
- The largest Independence Realty Trust buyer in Q1 2016 was AllianceBernstein, an estimated $8.9M added.
- The largest Independence Realty Trust seller in Q1 2016 was Senator Investment Group, an estimated $25.5M sold.
Based on aggregated 13F filings for Q1 2016.