NexPoint Real Estate Finance
NREF
56 hedge funds and large institutions have $179M invested in NexPoint Real Estate Finance in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 6 closing their positions.
14% more capital invested
Capital invested by funds: $157M → $179M (+$21.8M)
10.22% more ownership
Funds ownership: 65.95% → 76.17% (+10%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
7% less funds holding
Funds holding: 60 → 56 (-4)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$31.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$508K |
| 3 |
AWS
Atria Wealth Solutions
New York
|
+$270K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
+$193K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.36M |
| 2 |
1W
1776 Wealth
Atlanta,
Georgia
|
-$656K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$412K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$325K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MLICM
51
Metropolitan Life Insurance Company (MetLife)
New York
| $7.95K | – | – | – |
|
|
OLVIG
52
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| $7.83K | +$8.78K | +500 | New |
|
53
Fidelity Investments
Boston,
Massachusetts
| $6.18K | +$5.62K | +320 | +427% |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $6K | -$16.8K | -958 | -73% |
|
|
C
55
Covestor
London,
United Kingdom
| $2K | -$2.05K | -117 | -54% |
|
56
Citigroup
New York
| $251 | -$685 | -39 | -71% |
|
|
1W
57
1776 Wealth
Atlanta,
Georgia
| – | -$656K | -41,258 | Closed |
|
|
58
Citadel Advisors
Miami,
Florida
| – | -$184K | -11,558 | Closed |
|
|
N
59
Natixis
Paris,
France
| – | -$153K | -9,623 | Closed |
|
60
Rockefeller Capital Management
New York
| – | -$61K | -3,899 | Closed |
|
|
BTI
61
Blue Trust Inc
Alpharetta,
Georgia
| – | -$15K | -1,000 | Closed |
|
NREF Hedge Fund Activity: Q1 2023 in Review
56 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NexPoint Real Estate Finance (NREF) for Q1 2023, worth a combined $179M — up 14% from $157M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NREF and 4 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 20 added.
The largest buyer was Nexpoint Asset Management, adding an estimated $31.2M. The largest seller was Acadian Asset Management, cutting an estimated $1.36M.
- 56 institutional investors held NexPoint Real Estate Finance (NREF) as of Q1 2023, down from 60 in Q4 2022.
- Funds reported $179M of NexPoint Real Estate Finance stock for Q1 2023, up 14% quarter-over-quarter.
- 4 funds opened new NexPoint Real Estate Finance positions in Q1 2023 and 6 closed out, a net change of -2 holders.
- The largest NexPoint Real Estate Finance buyer in Q1 2023 was Nexpoint Asset Management, an estimated $31.2M added.
- The largest NexPoint Real Estate Finance seller in Q1 2023 was Acadian Asset Management, an estimated $1.36M sold.
Based on aggregated 13F filings for Q1 2023.