Independence Realty Trust
198 hedge funds and large institutions have $797M invested in Independence Realty Trust in 2020 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 76 increasing their positions, 61 reducing their positions, and 17 closing their positions.
118% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 17
25% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 61
10% more funds holding
Funds holding: 180 → 198 (+18)
8.57% more ownership
Funds ownership: 89.04% → 97.61% (+8.6%)
30% less capital invested
Capital invested by funds: $1.14B → $797M (-$344M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
74% less call options, than puts
Call options by funds: $164K | Put options by funds: $639K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$29.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$21.8M |
| 3 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
+$18.5M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$16.5M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$8.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$18.6M |
| 2 |
Morgan Stanley
New York
|
-$11.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.29M |
| 4 |
MNG
Manning & Napier Group
Fairport,
New York
|
-$3.88M |
| 5 |
CC
Cipher Capital
New York
|
-$3.62M |
IRT Hedge Fund Activity: Q1 2020 in Review
198 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Independence Realty Trust (IRT) for Q1 2020, worth a combined $797M — down 30% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new IRT positions and 17 closed out — a net gain of 20 holders — while 76 added to existing stakes and 61 trimmed.
The largest buyer was Nuveen, adding an estimated $29.2M. The largest seller was Mirae Asset Global Investments, cutting an estimated $18.6M.
- 198 institutional investors held Independence Realty Trust (IRT) as of Q1 2020, up from 180 in Q4 2019.
- Funds reported $797M of Independence Realty Trust stock for Q1 2020, down 30% quarter-over-quarter.
- 37 funds opened new Independence Realty Trust positions in Q1 2020 and 17 closed out, a net change of +20 holders.
- The largest Independence Realty Trust buyer in Q1 2020 was Nuveen, an estimated $29.2M added.
- The largest Independence Realty Trust seller in Q1 2020 was Mirae Asset Global Investments, an estimated $18.6M sold.
Based on aggregated 13F filings for Q1 2020.