NexPoint Residential Trust
NXRT
148 hedge funds and large institutions have $552M invested in NexPoint Residential Trust in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 36 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
64% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 36
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more capital invested
Capital invested by funds: $426M → $552M (+$126M)
6% more funds holding
Funds holding: 139 → 148 (+9)
4.54% more ownership
Funds ownership: 61.82% → 66.35% (+4.5%)
64% less call options, than puts
Call options by funds: $1.56M | Put options by funds: $4.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$52.8M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$14.2M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$9.71M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$8.15M |
| 5 |
Renaissance Technologies
New York
|
+$4.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$15.9M |
| 2 |
JP Morgan Chase
New York
|
-$9.27M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.77M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.42M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$1.38M |
NXRT Hedge Fund Activity: Q4 2018 in Review
148 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in NexPoint Residential Trust (NXRT) for Q4 2018, worth a combined $552M — up 30% from $426M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NXRT positions and 17 closed out — a net gain of 12 holders — while 59 added to existing stakes and 36 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $52.8M. The largest seller was Millennium Management, cutting an estimated $15.9M.
- 148 institutional investors held NexPoint Residential Trust (NXRT) as of Q4 2018, up from 139 in Q3 2018.
- Funds reported $552M of NexPoint Residential Trust stock for Q4 2018, up 30% quarter-over-quarter.
- 29 funds opened new NexPoint Residential Trust positions in Q4 2018 and 17 closed out, a net change of +12 holders.
- The largest NexPoint Residential Trust buyer in Q4 2018 was Wellington Management Group, an estimated $52.8M added.
- The largest NexPoint Residential Trust seller in Q4 2018 was Millennium Management, an estimated $15.9M sold.
Based on aggregated 13F filings for Q4 2018.