NorthStar Realty Finance Corp.
NRF
NRF was delisted on the 10th of January, 2017.
274 hedge funds and large institutions have $1.8B invested in NorthStar Realty Finance Corp. in 2016 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 118 increasing their positions, 81 reducing their positions, and 65 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 81
10% less call options, than puts
Call options by funds: $32.6M | Put options by funds: $36.1M
7% less funds holding
Funds holding: 295 → 274 (-21)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
29% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 65
31% less capital invested
Capital invested by funds: $2.6B → $1.8B (-$802M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$40.2M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$26.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.1M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$24.3M |
| 5 |
SM
Senvest Management
New York
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$101M |
| 2 |
Morgan Stanley
New York
|
-$62.7M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$62.3M |
| 4 |
OC
Orange Capital
Manhasset,
New York
|
-$52.5M |
| 5 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$43.3M |
NRF Hedge Fund Activity: Q1 2016 in Review
274 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in NorthStar Realty Finance Corp. (NRF) for Q1 2016, worth a combined $1.8B — down 31% from $2.6B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of NRF and 46 opened new positions — a net loss of 19 holders — while 81 trimmed existing stakes and 118 added.
The largest buyer was Abrams Capital Management, opening a new position worth an estimated $40.2M. The largest seller was Brookfield Corp, exiting entirely with an estimated $101M sold.
- 274 institutional investors held NorthStar Realty Finance Corp. (NRF) as of Q1 2016, down from 295 in Q4 2015.
- Funds reported $1.8B of NorthStar Realty Finance Corp. stock for Q1 2016, down 31% quarter-over-quarter.
- 46 funds opened new NorthStar Realty Finance Corp. positions in Q1 2016 and 65 closed out, a net change of -19 holders.
- The largest NorthStar Realty Finance Corp. buyer in Q1 2016 was Abrams Capital Management, an estimated $40.2M added.
- The largest NorthStar Realty Finance Corp. seller in Q1 2016 was Brookfield Corp, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2016.