Independence Realty Trust
IRT
41 hedge funds and large institutions have $34.9M invested in Independence Realty Trust in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
5% more funds holding
Funds holding: 39 → 41 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
3.04% less ownership
Funds ownership: 23.82% → 20.78% (-3%)
7% less capital invested
Capital invested by funds: $37.7M → $34.9M (-$2.77M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.98M |
| 2 |
BC
BHR Capital
New York
|
+$734K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$256K |
| 4 |
OAM
Orinda Asset Management
Lafayette,
California
|
+$253K |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$3.22M |
| 2 |
6CM
683 Capital Management
New York
|
-$1.65M |
| 3 |
SONJCPFE
State of New Jersey Common Pension Fund E
Trenton,
New Jersey
|
-$1.2M |
| 4 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$735K |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$657K |
IRT Hedge Fund Activity: Q2 2014 in Review
41 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Independence Realty Trust (IRT) for Q2 2014, worth a combined $34.9M — down 7.3% from $37.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new IRT positions and 8 closed out — a net gain of 3 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $2.98M. The largest seller was Bulldog Investors, exiting entirely with an estimated $3.22M sold.
- 41 institutional investors held Independence Realty Trust (IRT) as of Q2 2014, up from 39 in Q1 2014.
- Funds reported $34.9M of Independence Realty Trust stock for Q2 2014, down 7.3% quarter-over-quarter.
- 11 funds opened new Independence Realty Trust positions in Q2 2014 and 8 closed out, a net change of +3 holders.
- The largest Independence Realty Trust buyer in Q2 2014 was State of New Jersey Common Pension Fund D, an estimated $2.98M added.
- The largest Independence Realty Trust seller in Q2 2014 was Bulldog Investors, an estimated $3.22M sold.
Based on aggregated 13F filings for Q2 2014.