NexPoint Real Estate Finance
NREF
29 hedge funds and large institutions have $51.4M invested in NexPoint Real Estate Finance in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 10 closing their positions.
77% more capital invested
Capital invested by funds: $29.1M → $51.4M (+$22.3M)
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
12% more funds holding
Funds holding: 26 → 29 (+3)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
1.99% less ownership
Funds ownership: 60.36% → 58.37% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.94M |
| 2 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$1.84M |
| 3 |
Renaissance Technologies
New York
|
+$662K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$610K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$428K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.07M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.48M |
| 3 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$1.05M |
| 4 |
Millennium Management
New York
|
-$992K |
| 5 |
AM
Ares Management
Los Angeles,
California
|
-$483K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Nisa Investment Advisors
St. Louis,
Missouri
| $29K | +$5.95K | +449 | +36% |
|
|
EA
27
Emerald Advisers
Leola,
Pennsylvania
| $13K | +$10.3K | +775 | New |
|
28
UBS Group
Zurich,
Switzerland
| $11K | +$5.04K | +380 | +152% |
|
|
29
Millennium Management
New York
| – | -$992K | -102,764 | Closed |
|
|
AM
30
Ares Management
Los Angeles,
California
| – | -$483K | -50,000 | Closed |
|
|
RJT
31
Raymond James Trust
St. Petersburg,
Florida
| – | -$219K | -22,743 | Closed |
|
32
Goldman Sachs
New York
| – | -$199K | -20,600 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$21K | -2,210 | Closed |
|
|
WAP
34
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$17K | -1,800 | Closed |
|
35
Victory Capital Management
San Antonio,
Texas
| – | -$16K | -1,678 | Closed |
|
36
Osaic Holdings
Scottsdale,
Arizona
| – | -$13K | -1,300 | Closed |
|
|
PCM
37
Pinz Capital Management
New York
| – | -$8K | -850 | Closed |
|
|
NFG
38
Next Financial Group
Houston,
Texas
| – | -$3K | -294 | Closed |
|
39
JP Morgan Chase
New York
| – | +$40 | +3 | New |
|
NREF Hedge Fund Activity: Q2 2020 in Review
29 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in NexPoint Real Estate Finance (NREF) for Q2 2020, worth a combined $51.4M — up 77% from $29.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NREF positions and 10 closed out — a net gain of 3 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $2.94M. The largest seller was Alyeska Investment Group, cutting an estimated $2.07M.
- 29 institutional investors held NexPoint Real Estate Finance (NREF) as of Q2 2020, up from 26 in Q1 2020.
- Funds reported $51.4M of NexPoint Real Estate Finance stock for Q2 2020, up 77% quarter-over-quarter.
- 13 funds opened new NexPoint Real Estate Finance positions in Q2 2020 and 10 closed out, a net change of +3 holders.
- The largest NexPoint Real Estate Finance buyer in Q2 2020 was Vanguard Group, an estimated $2.94M added.
- The largest NexPoint Real Estate Finance seller in Q2 2020 was Alyeska Investment Group, an estimated $2.07M sold.
Based on aggregated 13F filings for Q2 2020.