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NREF

NexPoint Real Estate Finance

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.

New
Increased
Maintained
Reduced
Closed

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: 6060 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (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

Holders
60
Holders Change
Holders Change %
0%
% of All Funds
0.87%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
4
Increased
21
Reduced
24
Closed
4
Calls
$151K
Puts
$145K
Net Calls
+$6K
Net Calls Change
-$205K
Name Holding Trade Value Shares
Change
Change in
Stake
NAM
1
Nexpoint Asset Management
Texas
$135M
BlackRock
2
BlackRock
New York
$9.75M +$575K +37,118 +6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$6.66M +$25.6K +1,653 +0.4%
KCM
4
Kennedy Capital Management
Missouri
$3.94M -$6.11K -394 -0.2%
RJA
5
Raymond James & Associates
Florida
$3.72M +$326K +21,025 +10%
Morgan Stanley
6
Morgan Stanley
New York
$3.72M +$2.04M +131,675 +126%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$2.94M +$91.6K +5,912 +3%
Millennium Management
8
Millennium Management
New York
$2.39M -$214K -13,779 -8%
State Street
9
State Street
Massachusetts
$2.24M +$43.4K +2,798 +2%
Acadian Asset Management
10
Acadian Asset Management
Massachusetts
$2.16M +$396K +25,529 +23%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$2.13M -$1.38M -89,262 -40%
State of New Jersey Common Pension Fund D
12
State of New Jersey Common Pension Fund D
New Jersey
$1.28M
Northern Trust
13
Northern Trust
Illinois
$1.12M +$70.2K +4,526 +7%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$1.04M +$186K +12,006 +22%
BF
15
BOK Financial
Oklahoma
$955K
ECM
16
ExodusPoint Capital Management
New York
$901K +$419K +27,017 +90%
Renaissance Technologies
17
Renaissance Technologies
New York
$484K -$109K -7,000 -19%
Invesco
18
Invesco
Georgia
$441K -$75.5K -4,869 -15%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$396K -$2.51K -162 -0.6%
IFG
20
Independent Financial Group
California
$380K -$208K -13,450 -36%
Charles Schwab
21
Charles Schwab
California
$380K
LPL Financial
22
LPL Financial
California
$310K +$1.94K +125 +0.6%
Barclays
23
Barclays
United Kingdom
$290K +$144K +9,322 +103%
Bank of America
24
Bank of America
North Carolina
$285K -$29.5K -1,902 -10%
Corient Private Wealth
25
Corient Private Wealth
Florida
$280K -$93 -6 -0%

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.