Independence Realty Trust
136 hedge funds and large institutions have $450M invested in Independence Realty Trust in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 46 increasing their positions, 46 reducing their positions, and 23 closing their positions.
74% more call options, than puts
Call options by funds: $901K | Put options by funds: $518K
7% more capital invested
Capital invested by funds: $421M → $450M (+$28.7M)
1.12% more ownership
Funds ownership: 68.43% → 69.56% (+1.1%)
0% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 46
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
6% less funds holding
Funds holding: 145 → 136 (-9)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$44.1M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$18.9M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.36M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$5.64M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$8.78M |
| 2 |
SM
Senvest Management
New York
|
-$4.25M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$4.23M |
| 4 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
-$4.1M |
| 5 |
SCA
Secor Capital Advisors
New York
|
-$3.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
HSBC Holdings
London,
United Kingdom
| – | -$90K | -10,106 | Closed |
|
|
CAM
152
ClariVest Asset Management
San Diego,
California
| – | -$73K | -8,235 | Closed |
|
|
IP
153
InvenTrust Properties
Downers Grove,
Illinois
| – | -$44K | -4,979 | Closed |
|
154
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$43K | -4,800 | Closed |
|
155
Creative Planning
Overland Park,
Kansas
| – | -$14K | -1,616 | Closed |
|
|
FNBT
156
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$13K | -1,500 | Closed |
|
157
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -426 | Closed |
|
158
Simplex Trading
Chicago,
Illinois
| – | +$46 | +5 | New |
|
IRT Hedge Fund Activity: Q1 2017 in Review
136 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Independence Realty Trust (IRT) for Q1 2017, worth a combined $450M — up 6.8% from $421M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of IRT and 21 opened new positions — a net loss of 2 holders — while 46 trimmed existing stakes and 46 added.
The largest buyer was BlackRock, adding an estimated $44.1M. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $8.78M sold.
- 136 institutional investors held Independence Realty Trust (IRT) as of Q1 2017, down from 145 in Q4 2016.
- Funds reported $450M of Independence Realty Trust stock for Q1 2017, up 6.8% quarter-over-quarter.
- 21 funds opened new Independence Realty Trust positions in Q1 2017 and 23 closed out, a net change of -2 holders.
- The largest Independence Realty Trust buyer in Q1 2017 was BlackRock, an estimated $44.1M added.
- The largest Independence Realty Trust seller in Q1 2017 was Schonfeld Strategic Advisors, an estimated $8.78M sold.
Based on aggregated 13F filings for Q1 2017.