NexPoint Real Estate Finance
NREF
36 hedge funds and large institutions have $42.5M invested in NexPoint Real Estate Finance in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
24% more funds holding
Funds holding: 29 → 36 (+7)
3.06% less ownership
Funds ownership: 58.37% → 55.31% (-3.1%)
17% less capital invested
Capital invested by funds: $51.4M → $42.5M (-$8.9M)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$577K |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$496K |
| 3 |
Renaissance Technologies
New York
|
+$451K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$390K |
| 5 |
Millennium Management
New York
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.82M |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$325K |
| 3 |
Two Sigma Investments
New York
|
-$250K |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$228K |
| 5 |
Squarepoint
New York
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Acadian Asset Management
Boston,
Massachusetts
| $50K | +$52.3K | +3,433 | New |
|
27
Nisa Investment Advisors
St. Louis,
Missouri
| $36K | +$11.8K | +771 | +45% |
|
|
BWA
28
BDO Wealth Advisors
Jacksonville,
Florida
| $32K | +$32.9K | +2,160 | New |
|
29
UBS Group
Zurich,
Switzerland
| $23K | +$14.1K | +923 | +147% |
|
|
EA
30
Emerald Advisers
Leola,
Pennsylvania
| $11K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $1K | -$70K | -4,591 | -98% |
|
32
Morgan Stanley
New York
| $1K | +$747 | +49 | New |
|
33
Bank of America
Charlotte,
North Carolina
| $1K | +$930 | +61 | New |
|
|
34
Millennium Management
New York
| $180 | +$187K | +12,232 | New |
|
|
35
Two Sigma Investments
New York
| – | -$250K | -14,904 | Closed |
|
|
36
Squarepoint
New York
| – | -$184K | -10,984 | Closed |
|
37
Northern Trust
Chicago,
Illinois
| – | -$180K | -10,743 | Closed |
|
38
Wells Fargo
San Francisco,
California
| – | +$473 | +31 | New |
|
NREF Hedge Fund Activity: Q3 2020 in Review
36 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in NexPoint Real Estate Finance (NREF) for Q3 2020, worth a combined $42.5M — down 17% from $51.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NREF positions and 3 closed out — a net gain of 7 holders — while 9 added to existing stakes and 12 trimmed.
The largest buyer was Monarch Partners Asset Management, adding an estimated $577K. The largest seller was Fidelity Investments, cutting an estimated $3.82M.
- 36 institutional investors held NexPoint Real Estate Finance (NREF) as of Q3 2020, up from 29 in Q2 2020.
- Funds reported $42.5M of NexPoint Real Estate Finance stock for Q3 2020, down 17% quarter-over-quarter.
- 10 funds opened new NexPoint Real Estate Finance positions in Q3 2020 and 3 closed out, a net change of +7 holders.
- The largest NexPoint Real Estate Finance buyer in Q3 2020 was Monarch Partners Asset Management, an estimated $577K added.
- The largest NexPoint Real Estate Finance seller in Q3 2020 was Fidelity Investments, an estimated $3.82M sold.
Based on aggregated 13F filings for Q3 2020.