NorthStar Realty Europe Corp.
NRE
NRE was delisted on the 27th of September, 2019.
156 hedge funds and large institutions have $459M invested in NorthStar Realty Europe Corp. in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 60 reducing their positions, and 17 closing their positions.
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
5% less funds holding
Funds holding: 164 → 156 (-8)
8% less capital invested
Capital invested by funds: $499M → $459M (-$40.3M)
27% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 60
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$50M |
| 2 |
Morgan Stanley
New York
|
+$3.52M |
| 3 |
GP
GLG Partners
London,
United Kingdom
|
+$2.95M |
| 4 |
KC
KRV Capital
New York
|
+$2.95M |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QF
QVT Financial
New York
|
-$5.18M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.59M |
| 3 |
SCM
Stonehill Capital Management
New York
|
-$3.39M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$2.6M |
| 5 |
OMC
Overbrook Management Corp
New York
|
-$2.54M |
NRE Hedge Fund Activity: Q1 2017 in Review
156 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in NorthStar Realty Europe Corp. (NRE) for Q1 2017, worth a combined $459M — down 8.1% from $499M a quarter earlier.
Fund positioning in NRE was balanced in Q1 2017: 17 funds opened new positions, 17 closed out, 44 added to existing stakes and 60 trimmed.
The largest buyer was BlackRock, adding an estimated $50M. The largest seller was QVT Financial, cutting an estimated $5.18M.
- 156 institutional investors held NorthStar Realty Europe Corp. (NRE) as of Q1 2017, down from 164 in Q4 2016.
- Funds reported $459M of NorthStar Realty Europe Corp. stock for Q1 2017, down 8.1% quarter-over-quarter.
- 17 funds opened new NorthStar Realty Europe Corp. positions in Q1 2017 and 17 closed out, a net change of 0 holders.
- The largest NorthStar Realty Europe Corp. buyer in Q1 2017 was BlackRock, an estimated $50M added.
- The largest NorthStar Realty Europe Corp. seller in Q1 2017 was QVT Financial, an estimated $5.18M sold.
Based on aggregated 13F filings for Q1 2017.