NorthStar Realty Europe Corp.
NRE
NRE was delisted on the 27th of September, 2019.
172 hedge funds and large institutions have $538M invested in NorthStar Realty Europe Corp. in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 56 increasing their positions, 73 reducing their positions, and 52 closing their positions.
5% less capital invested
Capital invested by funds: $564M → $538M (-$25.9M)
17% less funds holding
Funds holding: 207 → 172 (-35)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
23% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 73
65% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 52
96% less call options, than puts
Call options by funds: $5K | Put options by funds: $131K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Samlyn Capital
New York
|
+$18.3M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$8.59M |
| 3 |
PCM
Pamplona Capital Management
New York
|
+$7.33M |
| 4 |
QF
QVT Financial
New York
|
+$6.58M |
| 5 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$6.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Orange Capital
Manhasset,
New York
|
-$18.7M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$14.7M |
| 3 |
Morgan Stanley
New York
|
-$11.1M |
| 4 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$10M |
| 5 |
OMC
Overbrook Management Corp
New York
|
-$8.74M |
NRE Hedge Fund Activity: Q1 2016 in Review
172 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NorthStar Realty Europe Corp. (NRE) for Q1 2016, worth a combined $538M — down 4.6% from $564M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of NRE and 18 opened new positions — a net loss of 34 holders — while 73 trimmed existing stakes and 56 added.
The largest buyer was Samlyn Capital, opening a new position worth an estimated $18.3M. The largest seller was Orange Capital, exiting entirely with an estimated $18.7M sold.
- 172 institutional investors held NorthStar Realty Europe Corp. (NRE) as of Q1 2016, down from 207 in Q4 2015.
- Funds reported $538M of NorthStar Realty Europe Corp. stock for Q1 2016, down 4.6% quarter-over-quarter.
- 18 funds opened new NorthStar Realty Europe Corp. positions in Q1 2016 and 52 closed out, a net change of -34 holders.
- The largest NorthStar Realty Europe Corp. buyer in Q1 2016 was Samlyn Capital, an estimated $18.3M added.
- The largest NorthStar Realty Europe Corp. seller in Q1 2016 was Orange Capital, an estimated $18.7M sold.
Based on aggregated 13F filings for Q1 2016.