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NREF

NexPoint Real Estate Finance

62 hedge funds and large institutions have $168M invested in NexPoint Real Estate Finance in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 27 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

270% more call options, than puts

Call options by funds: $211K | Put options by funds: $57K

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

3% more funds holding

Funds holding: 6062 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.08% less ownership

Funds ownership: 68.61%66.53% (-2.1%)

10% less capital invested

Capital invested by funds: $186M → $168M (-$18.2M)

41% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 27

Holders
62
Holders Change
+2
Holders Change %
+3.33%
% of All Funds
0.89%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
9
Increased
16
Reduced
27
Closed
7
Calls
$211K
Puts
$57K
Net Calls
+$154K
Net Calls Change
+$148K
Name Holding Trade Value Shares
Change
Change in
Stake
NAM
1
Nexpoint Asset Management
Texas
$123M
BlackRock
2
BlackRock
New York
$8.89M -$278 -19 -0%
Vanguard Group
3
Vanguard Group
Pennsylvania
$6.12M +$50K +3,419 +0.8%
RJA
4
Raymond James & Associates
Florida
$4.2M +$821K +56,162 +24%
KCM
5
Kennedy Capital Management
Missouri
$3.34M -$257K -17,607 -7%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$2.81M +$132K +9,033 +5%
State Street
7
State Street
Massachusetts
$2.15M +$109K +7,450 +5%
Millennium Management
8
Millennium Management
New York
$2.06M -$117K -8,017 -5%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$1.91M -$26.2K -1,796 -1%
Morgan Stanley
10
Morgan Stanley
New York
$1.84M -$1.58M -108,094 -46%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$1.7M +$759K +51,966 +78%
Acadian Asset Management
12
Acadian Asset Management
Massachusetts
$1.23M -$755K -51,691 -38%
Northern Trust
13
Northern Trust
Illinois
$948K -$75.3K -5,153 -7%
BF
14
BOK Financial
Oklahoma
$846K +$32.9K +2,253 +4%
WS
15
Wedbush Securities
California
$560K +$570K +38,981 New
BCP
16
Berkeley Capital Partners
Georgia
$462K +$471K +32,199 New
LPL Financial
17
LPL Financial
California
$407K +$126K +8,654 +44%
Renaissance Technologies
18
Renaissance Technologies
New York
$355K -$87.7K -6,000 -20%
Charles Schwab
19
Charles Schwab
California
$347K
Bank of New York Mellon
20
Bank of New York Mellon
New York
$335K -$26.7K -1,826 -7%
IFG
21
Independent Financial Group
California
$261K -$87.7K -6,000 -25%
JP Morgan Chase
22
JP Morgan Chase
New York
$255K +$106K +7,270 +69%
Citadel Advisors
23
Citadel Advisors
Florida
$252K +$256K +17,537 +62,632%
Corient Private Wealth
24
Corient Private Wealth
Florida
$246K -$9.19K -629 -4%
Bank of America
25
Bank of America
North Carolina
$232K -$28K -1,915 -11%

NREF Hedge Fund Activity: Q1 2024 in Review

62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in NexPoint Real Estate Finance (NREF) for Q1 2024, worth a combined $168M — down 9.8% from $186M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new NREF positions and 7 closed out — a net gain of 2 holders — while 16 added to existing stakes and 27 trimmed.

The largest buyer was Raymond James & Associates, adding an estimated $821K. The largest seller was Morgan Stanley, cutting an estimated $1.58M.

  • 62 institutional investors held NexPoint Real Estate Finance (NREF) as of Q1 2024, up from 60 in Q4 2023.
  • Funds reported $168M of NexPoint Real Estate Finance stock for Q1 2024, down 9.8% quarter-over-quarter.
  • 9 funds opened new NexPoint Real Estate Finance positions in Q1 2024 and 7 closed out, a net change of +2 holders.
  • The largest NexPoint Real Estate Finance buyer in Q1 2024 was Raymond James & Associates, an estimated $821K added.
  • The largest NexPoint Real Estate Finance seller in Q1 2024 was Morgan Stanley, an estimated $1.58M sold.

Based on aggregated 13F filings for Q1 2024.