Independence Realty Trust
100 hedge funds and large institutions have $173M invested in Independence Realty Trust in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 20 reducing their positions, and 15 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 20
12% more capital invested
Capital invested by funds: $154M → $173M (+$18.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
2% less funds holding
Funds holding: 102 → 100 (-2)
2.39% less ownership
Funds ownership: 46.96% → 44.57% (-2.4%)
Top Buyers
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$17.6M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.69M |
| 3 |
JP Morgan Chase
New York
|
+$1.43M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.31M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$913K |
Top Sellers
| 1 |
MAC
Monarch Alternative Capital
New York
|
-$18.5M |
| 2 |
BC
BHR Capital
New York
|
-$4.98M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
-$4.05M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.13M |
| 5 |
Morgan Stanley
New York
|
-$2.06M |
IRT Hedge Fund Activity: Q2 2016 in Review
100 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Independence Realty Trust (IRT) for Q2 2016, worth a combined $173M — up 12% from $154M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of IRT and 14 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 42 added.
The largest buyer was Highland Capital Management (Texas), opening a new position worth an estimated $17.6M. The largest seller was Monarch Alternative Capital, exiting entirely with an estimated $18.5M sold.
- 100 institutional investors held Independence Realty Trust (IRT) as of Q2 2016, down from 102 in Q1 2016.
- Funds reported $173M of Independence Realty Trust stock for Q2 2016, up 12% quarter-over-quarter.
- 14 funds opened new Independence Realty Trust positions in Q2 2016 and 15 closed out, a net change of -1 holder.
- The largest Independence Realty Trust buyer in Q2 2016 was Highland Capital Management (Texas), an estimated $17.6M added.
- The largest Independence Realty Trust seller in Q2 2016 was Monarch Alternative Capital, an estimated $18.5M sold.
Based on aggregated 13F filings for Q2 2016.