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NREF

NexPoint Real Estate Finance

55 hedge funds and large institutions have $148M invested in NexPoint Real Estate Finance in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 19

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.65% less ownership

Funds ownership: 68.54%65.89% (-2.7%)

23% less funds holding

Funds holding: 7155 (-16)

27% less capital invested

Capital invested by funds: $203M → $148M (-$55.1M)

78% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 18

Holders
55
Holders Change
-16
Holders Change %
-22.54%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
21
Reduced
19
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NAM
1
Nexpoint Asset Management
Texas
$96.7M
Vanguard Group
2
Vanguard Group
Pennsylvania
$5.74M +$373K +18,173 +5%
BlackRock
3
BlackRock
New York
$5.74M +$771K +37,555 +11%
Acadian Asset Management
4
Acadian Asset Management
Massachusetts
$4.27M +$754K +36,729 +15%
KCM
5
Kennedy Capital Management
Missouri
$3.94M -$42.5K -2,071 -0.8%
Goldman Sachs
6
Goldman Sachs
New York
$3.89M +$4.59M +223,558 +622%
RJA
7
Raymond James & Associates
Florida
$3.29M -$372K -18,123 -8%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$2.63M +$657K +32,008 +22%
UIC
9
Uniplan Investment Counsel
Wisconsin
$2.4M -$8.27K -403 -0.3%
Millennium Management
10
Millennium Management
New York
$2.31M -$872K -42,481 -22%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$2.2M -$7.97K -388 -0.3%
MPAM
12
Monarch Partners Asset Management
Massachusetts
$2.19M
State Street
13
State Street
Massachusetts
$1.64M +$238K +11,575 +12%
State of New Jersey Common Pension Fund D
14
State of New Jersey Common Pension Fund D
New Jersey
$1.37M
Renaissance Technologies
15
Renaissance Technologies
New York
$1.06M -$88.3K -4,300 -6%
Northern Trust
16
Northern Trust
Illinois
$960K -$49.6K -2,416 -4%
IFG
17
Independent Financial Group
California
$783K
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$618K +$56.4K +2,748 +7%
BF
19
BOK Financial
Oklahoma
$579K -$640K -31,171 -45%
N
20
Nuveen
North Carolina
$558K -$534 -26 -0.1%
Invesco
21
Invesco
Georgia
$491K -$1.28M -62,502 -66%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$433K +$69.7K +3,395 +13%
Stifel Financial
23
Stifel Financial
Missouri
$383K -$1.33K -65 -0.3%
Citadel Advisors
24
Citadel Advisors
Florida
$336K -$95.5K -4,653 -17%
Charles Schwab
25
Charles Schwab
California
$322K -$30.3K -1,475 -6%

NREF Hedge Fund Activity: Q3 2022 in Review

55 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in NexPoint Real Estate Finance (NREF) for Q3 2022, worth a combined $148M — down 27% from $203M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of NREF and 4 opened new positions — a net loss of 14 holders — while 19 trimmed existing stakes and 21 added.

The largest buyer was Goldman Sachs, adding an estimated $4.59M. The largest seller was Invesco, cutting an estimated $1.28M.

  • 55 institutional investors held NexPoint Real Estate Finance (NREF) as of Q3 2022, down from 71 in Q2 2022.
  • Funds reported $148M of NexPoint Real Estate Finance stock for Q3 2022, down 27% quarter-over-quarter.
  • 4 funds opened new NexPoint Real Estate Finance positions in Q3 2022 and 18 closed out, a net change of -14 holders.
  • The largest NexPoint Real Estate Finance buyer in Q3 2022 was Goldman Sachs, an estimated $4.59M added.
  • The largest NexPoint Real Estate Finance seller in Q3 2022 was Invesco, an estimated $1.28M sold.

Based on aggregated 13F filings for Q3 2022.