NexPoint Real Estate Finance
NREF
60 hedge funds and large institutions have $186M invested in NexPoint Real Estate Finance in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 4 closing their positions.
4% more call options, than puts
Call options by funds: $151K | Put options by funds: $145K
0.54% more ownership
Funds ownership: 68.07% → 68.61% (+0.54%)
0% more funds holding
Funds holding: 60 → 60 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3% less capital invested
Capital invested by funds: $192M → $186M (-$5.58M)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.04M |
| 2 |
BlackRock
New York
|
+$575K |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$419K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$396K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$326K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.38M |
| 2 |
Goldman Sachs
New York
|
-$755K |
| 3 |
HF
HRT Financial
New York
|
-$343K |
| 4 |
Millennium Management
New York
|
-$214K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AB
51
Amalgamated Bank
New York
| $12K | -$1.26K | -81 | -10% |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $9.86K | -$3.64K | -235 | -27% |
|
|
AIP
53
Ameritas Investment Partners
Lincoln,
Nebraska
| $9.26K | – | – | – |
|
54
Legal & General Group
London,
United Kingdom
| $9.02K | -$3.77K | -243 | -30% |
|
|
OLVIG
55
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| $7.88K | – | – | – |
|
|
MLICM
56
Metropolitan Life Insurance Company (MetLife)
New York
| $7.34K | – | – | – |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1.92K | -$14.7K | -950 | -89% |
|
58
Citadel Advisors
Miami,
Florida
| $441 | -$5.04K | -325 | -92% |
|
|
GI
59
GAMMA Investing
Foster City,
California
| $291 | +$310 | +20 | New |
|
|
60
Goldman Sachs
New York
| – | -$755K | -46,179 | Closed |
|
|
HF
61
HRT Financial
New York
| – | -$343K | -21,026 | Closed |
|
62
Allspring Global Investments
Charlotte,
North Carolina
| – | -$15.9K | -973 | Closed |
|
|
WTG
63
West Tower Group
Richmond,
Virginia
| – | -$3.65K | -223 | Closed |
|
|
C
64
Covestor
London,
United Kingdom
| – | +$16 | +1 | +100% |
|
NREF Hedge Fund Activity: Q4 2023 in Review
60 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in NexPoint Real Estate Finance (NREF) for Q4 2023, worth a combined $186M — down 2.9% from $192M a quarter earlier.
Fund positioning in NREF was balanced in Q4 2023: 4 funds opened new positions, 4 closed out, 21 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.04M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.38M.
- 60 institutional investors held NexPoint Real Estate Finance (NREF) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $186M of NexPoint Real Estate Finance stock for Q4 2023, down 2.9% quarter-over-quarter.
- 4 funds opened new NexPoint Real Estate Finance positions in Q4 2023 and 4 closed out, a net change of 0 holders.
- The largest NexPoint Real Estate Finance buyer in Q4 2023 was Morgan Stanley, an estimated $2.04M added.
- The largest NexPoint Real Estate Finance seller in Q4 2023 was Raymond James Financial Services Advisors, an estimated $1.38M sold.
Based on aggregated 13F filings for Q4 2023.