NorthStar Realty Europe Corp.
NRE
NRE was delisted on the 27th of September, 2019.
150 hedge funds and large institutions have $578M invested in NorthStar Realty Europe Corp. in 2019 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 42 increasing their positions, 42 reducing their positions, and 29 closing their positions.
119% more call options, than puts
Call options by funds: $4.05M | Put options by funds: $1.85M
41% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 29
25% more capital invested
Capital invested by funds: $462M → $578M (+$116M)
9% more funds holding
Funds holding: 138 → 150 (+12)
3.06% more ownership
Funds ownership: 63.75% → 66.81% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$63.2M |
| 2 |
Bank of New York Mellon
New York
|
+$8.49M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.41M |
| 4 |
State Street
Boston,
Massachusetts
|
+$6.82M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Overbrook Management Corp
New York
|
-$12.4M |
| 2 |
AMH
Apollo Management Holdings
New York
|
-$10.6M |
| 3 |
SM
Senvest Management
New York
|
-$8.33M |
| 4 |
SCM
Shoals Capital Management
Arlington,
Virginia
|
-$8.06M |
| 5 |
Morgan Stanley
New York
|
-$7.5M |
NRE Hedge Fund Activity: Q1 2019 in Review
150 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in NorthStar Realty Europe Corp. (NRE) for Q1 2019, worth a combined $578M — up 25% from $462M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new NRE positions and 29 closed out — a net gain of 12 holders — while 42 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $63.2M. The largest seller was Overbrook Management Corp, exiting entirely with an estimated $12.4M sold.
- 150 institutional investors held NorthStar Realty Europe Corp. (NRE) as of Q1 2019, up from 138 in Q4 2018.
- Funds reported $578M of NorthStar Realty Europe Corp. stock for Q1 2019, up 25% quarter-over-quarter.
- 41 funds opened new NorthStar Realty Europe Corp. positions in Q1 2019 and 29 closed out, a net change of +12 holders.
- The largest NorthStar Realty Europe Corp. buyer in Q1 2019 was BlackRock, an estimated $63.2M added.
- The largest NorthStar Realty Europe Corp. seller in Q1 2019 was Overbrook Management Corp, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2019.