Independence Realty Trust
139 hedge funds and large institutions have $448M invested in Independence Realty Trust in 2016 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 59 increasing their positions, 20 reducing their positions, and 6 closing their positions.
667% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 6
195% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 20
160% more capital invested
Capital invested by funds: $173M → $448M (+$275M)
58.79% more ownership
Funds ownership: 44.57% → 103.36% (+59%)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more funds holding
Funds holding: 100 → 139 (+39)
95% less call options, than puts
Call options by funds: $100K | Put options by funds: $1.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$50.4M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$24.5M |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$16.5M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$14.5M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$4.2M |
| 2 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$2.16M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$1.75M |
| 4 |
JP Morgan Chase
New York
|
-$997K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$429K |
IRT Hedge Fund Activity: Q3 2016 in Review
139 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Independence Realty Trust (IRT) for Q3 2016, worth a combined $448M — up 160% from $173M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new IRT positions and 6 closed out — a net gain of 40 holders — while 59 added to existing stakes and 20 trimmed.
The largest buyer was Citigroup, adding an estimated $50.4M. The largest seller was PVG Asset Management, cutting an estimated $4.2M.
- 139 institutional investors held Independence Realty Trust (IRT) as of Q3 2016, up from 100 in Q2 2016.
- Funds reported $448M of Independence Realty Trust stock for Q3 2016, up 160% quarter-over-quarter.
- 46 funds opened new Independence Realty Trust positions in Q3 2016 and 6 closed out, a net change of +40 holders.
- The largest Independence Realty Trust buyer in Q3 2016 was Citigroup, an estimated $50.4M added.
- The largest Independence Realty Trust seller in Q3 2016 was PVG Asset Management, an estimated $4.2M sold.
Based on aggregated 13F filings for Q3 2016.