NexPoint Diversified Real Estate Trust
NXDT
60 hedge funds and large institutions have $323M invested in NexPoint Diversified Real Estate Trust in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 7 reducing their positions, and 6 closing their positions.
329% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 7
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
38% more capital invested
Capital invested by funds: $235M → $323M (+$88.6M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18% more funds holding
Funds holding: 51 → 60 (+9)
5.66% more ownership
Funds ownership: 47.35% → 53% (+5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$18.9M |
| 2 |
UFM
Ursa Fund Management
Danville,
California
|
+$17.9M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$12.8M |
| 4 |
Morgan Stanley
New York
|
+$11.6M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.34M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$703K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$600K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$598K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $15K | -$35.3K | -1,777 | -69% |
|
|
APA
52
American Portfolios Advisors
Holbrook,
New York
| $8.28K | +$258 | +13 | +3% |
|
|
BFEC
53
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $5K | – | – | – |
|
|
SIS
54
Sound Income Strategies
Ft Lauderdale,
Florida
| $5K | – | – | – |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $3K | – | – | – |
|
|
BI
56
Bulldog Investors
Saddle Brook,
New Jersey
| $1.43K | +$1.51M | +75,789 | New |
|
|
GWM
57
Geneos Wealth Management
Englewood,
Colorado
| $1K | – | – | – |
|
|
RCM
58
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$2.3M | -105,465 | Closed |
|
|
59
First Trust Advisors
Wheaton,
Illinois
| – | -$703K | -32,314 | Closed |
|
|
OC
60
Oppenheimer & Co
New York
| – | -$600K | -27,543 | Closed |
|
61
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$239K | -11,000 | Closed |
|
|
LC
62
Lindbrook Capital
Calabasas,
California
| – | -$213K | -9,800 | Closed |
|
63
Fidelity Investments
Boston,
Massachusetts
| – | +$20 | +1 | New |
|
NXDT Hedge Fund Activity: Q2 2019 in Review
60 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in NexPoint Diversified Real Estate Trust (NXDT) for Q2 2019, worth a combined $323M — up 38% from $235M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NXDT positions and 6 closed out — a net gain of 9 holders — while 30 added to existing stakes and 7 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $18.9M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.3M sold.
- 60 institutional investors held NexPoint Diversified Real Estate Trust (NXDT) as of Q2 2019, up from 51 in Q1 2019.
- Funds reported $323M of NexPoint Diversified Real Estate Trust stock for Q2 2019, up 38% quarter-over-quarter.
- 15 funds opened new NexPoint Diversified Real Estate Trust positions in Q2 2019 and 6 closed out, a net change of +9 holders.
- The largest NexPoint Diversified Real Estate Trust buyer in Q2 2019 was City of London Investment Management, an estimated $18.9M added.
- The largest NexPoint Diversified Real Estate Trust seller in Q2 2019 was Rivernorth Capital Management, an estimated $2.3M sold.
Based on aggregated 13F filings for Q2 2019.