NexPoint Diversified Real Estate Trust
NXDT
66 hedge funds and large institutions have $145M invested in NexPoint Diversified Real Estate Trust in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 13 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
1.52% more ownership
Funds ownership: 52.41% → 53.94% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
3% less funds holding
Funds holding: 68 → 66 (-2)
52% less capital invested
Capital invested by funds: $300M → $145M (-$155M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$8.97M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$8.61M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$7.61M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.84M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$20.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$11.9M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$3.4M |
| 4 |
Millennium Management
New York
|
-$2.7M |
| 5 |
Morgan Stanley
New York
|
-$2.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
76
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -62 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | +$31 | +2 | New |
|
NXDT Hedge Fund Activity: Q1 2020 in Review
66 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in NexPoint Diversified Real Estate Trust (NXDT) for Q1 2020, worth a combined $145M — down 52% from $300M a quarter earlier.
Fund positioning in NXDT was balanced in Q1 2020: 13 funds opened new positions, 13 closed out, 23 added to existing stakes and 16 trimmed.
The largest buyer was Matisse Capital, adding an estimated $8.97M. The largest seller was Nexpoint Asset Management, cutting an estimated $20.4M.
- 66 institutional investors held NexPoint Diversified Real Estate Trust (NXDT) as of Q1 2020, down from 68 in Q4 2019.
- Funds reported $145M of NexPoint Diversified Real Estate Trust stock for Q1 2020, down 52% quarter-over-quarter.
- 13 funds opened new NexPoint Diversified Real Estate Trust positions in Q1 2020 and 13 closed out, a net change of 0 holders.
- The largest NexPoint Diversified Real Estate Trust buyer in Q1 2020 was Matisse Capital, an estimated $8.97M added.
- The largest NexPoint Diversified Real Estate Trust seller in Q1 2020 was Nexpoint Asset Management, an estimated $20.4M sold.
Based on aggregated 13F filings for Q1 2020.