Independence Realty Trust
172 hedge funds and large institutions have $651M invested in Independence Realty Trust in 2018 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 70 increasing their positions, 54 reducing their positions, and 22 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 54
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
2% more funds holding
Funds holding: 169 → 172 (+3)
1.57% more ownership
Funds ownership: 81.93% → 83.5% (+1.6%)
6% less capital invested
Capital invested by funds: $690M → $651M (-$39.2M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
73% less call options, than puts
Call options by funds: $423K | Put options by funds: $1.58M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.48M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$6.06M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.41M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$2.96M |
| 5 |
GXMC
Global X Management Company
New York
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$7.45M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
-$6.13M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.78M |
| 4 |
LCM
LDR Capital Management
New York
|
-$4.34M |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$2.88M |
IRT Hedge Fund Activity: Q1 2018 in Review
172 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Independence Realty Trust (IRT) for Q1 2018, worth a combined $651M — down 5.7% from $690M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new IRT positions and 22 closed out — a net gain of 3 holders — while 70 added to existing stakes and 54 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $6.48M. The largest seller was LSV Asset Management, cutting an estimated $7.45M.
- 172 institutional investors held Independence Realty Trust (IRT) as of Q1 2018, up from 169 in Q4 2017.
- Funds reported $651M of Independence Realty Trust stock for Q1 2018, down 5.7% quarter-over-quarter.
- 25 funds opened new Independence Realty Trust positions in Q1 2018 and 22 closed out, a net change of +3 holders.
- The largest Independence Realty Trust buyer in Q1 2018 was Principal Financial Group, an estimated $6.48M added.
- The largest Independence Realty Trust seller in Q1 2018 was LSV Asset Management, an estimated $7.45M sold.
Based on aggregated 13F filings for Q1 2018.