Independence Realty Trust
IRT
180 hedge funds and large institutions have $708M invested in Independence Realty Trust in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 70 increasing their positions, 58 reducing their positions, and 25 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 58
0.75% less ownership
Funds ownership: 87.3% → 86.56% (-0.75%)
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
2% less funds holding
Funds holding: 183 → 180 (-3)
12% less capital invested
Capital invested by funds: $806M → $708M (-$97.5M)
15% less call options, than puts
Call options by funds: $937K | Put options by funds: $1.1M
Top Buyers
| 1 |
Renaissance Technologies
New York
|
+$6.02M |
| 2 |
Jennison Associates
New York
|
+$5.2M |
| 3 |
BlackRock
New York
|
+$3.8M |
| 4 |
RCM
RVB Capital Management
Great Neck,
New York
|
+$3.21M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.92M |
Top Sellers
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$14M |
| 2 |
B
Barings
Charlotte,
North Carolina
|
-$4.46M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$3.71M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$3.13M |
| 5 |
RA
Resource America
New York
|
-$2.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
201
IFP Advisors
Tampa,
Florida
| – | -$987 | -100 | -95% |
|
202
Fidelity Investments
Boston,
Massachusetts
| – | +$20 | +2 | New |
|
|
NFG
203
Next Financial Group
Houston,
Texas
| – | +$158 | +16 | New |
|
IRT Hedge Fund Activity: Q4 2018 in Review
180 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Independence Realty Trust (IRT) for Q4 2018, worth a combined $708M — down 12% from $806M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of IRT and 23 opened new positions — a net loss of 2 holders — while 58 trimmed existing stakes and 70 added.
The largest buyer was Renaissance Technologies, adding an estimated $6.02M. The largest seller was Principal Financial Group, cutting an estimated $14M.
- 180 institutional investors held Independence Realty Trust (IRT) as of Q4 2018, down from 183 in Q3 2018.
- Funds reported $708M of Independence Realty Trust stock for Q4 2018, down 12% quarter-over-quarter.
- 23 funds opened new Independence Realty Trust positions in Q4 2018 and 25 closed out, a net change of -2 holders.
- The largest Independence Realty Trust buyer in Q4 2018 was Renaissance Technologies, an estimated $6.02M added.
- The largest Independence Realty Trust seller in Q4 2018 was Principal Financial Group, an estimated $14M sold.
Based on aggregated 13F filings for Q4 2018.