NorthStar Realty Finance Corp.
NRF
NRF was delisted on the 10th of January, 2017.
247 hedge funds and large institutions have $2.05B invested in NorthStar Realty Finance Corp. in 2016 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 79 increasing their positions, 98 reducing their positions, and 37 closing their positions.
23% more capital invested
Capital invested by funds: $1.67B → $2.05B (+$377M)
3% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 37
2% less funds holding
Funds holding: 252 → 247 (-5)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
19% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 98
56% less call options, than puts
Call options by funds: $5.96M | Put options by funds: $13.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$132M |
| 2 |
Millennium Management
New York
|
+$29.5M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$28.3M |
| 4 |
Renaissance Technologies
New York
|
+$17.4M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
-$43.2M |
| 2 |
SM
Senvest Management
New York
|
-$21.9M |
| 3 |
BTP
Bloom Tree Partners
New York
|
-$12.8M |
| 4 |
MCM
Moore Capital Management
New York
|
-$12.2M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$11.4M |
NRF Hedge Fund Activity: Q4 2016 in Review
247 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in NorthStar Realty Finance Corp. (NRF) for Q4 2016, worth a combined $2.05B — up 23% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new NRF positions and 37 closed out — a net gain of 1 holder — while 79 added to existing stakes and 98 trimmed.
The largest buyer was Baupost Group, adding an estimated $132M. The largest seller was Abrams Capital Management, exiting entirely with an estimated $43.2M sold.
- 247 institutional investors held NorthStar Realty Finance Corp. (NRF) as of Q4 2016, down from 252 in Q3 2016.
- Funds reported $2.05B of NorthStar Realty Finance Corp. stock for Q4 2016, up 23% quarter-over-quarter.
- 38 funds opened new NorthStar Realty Finance Corp. positions in Q4 2016 and 37 closed out, a net change of +1 holder.
- The largest NorthStar Realty Finance Corp. buyer in Q4 2016 was Baupost Group, an estimated $132M added.
- The largest NorthStar Realty Finance Corp. seller in Q4 2016 was Abrams Capital Management, an estimated $43.2M sold.
Based on aggregated 13F filings for Q4 2016.