NexPoint Residential Trust
NXRT
169 hedge funds and large institutions have $491M invested in NexPoint Residential Trust in 2020 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 71 increasing their positions, 44 reducing their positions, and 42 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 44
2.66% more ownership
Funds ownership: 74.46% → 77.11% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 42
3% less funds holding
Funds holding: 175 → 169 (-6)
29% less call options, than puts
Call options by funds: $5K | Put options by funds: $7K
42% less capital invested
Capital invested by funds: $849M → $491M (-$357M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$52.6M |
| 2 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$22.8M |
| 3 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$13.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$54.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$31.2M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$9.62M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$9.56M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$7.4M |
NXRT Hedge Fund Activity: Q1 2020 in Review
169 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in NexPoint Residential Trust (NXRT) for Q1 2020, worth a combined $491M — down 42% from $849M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of NXRT and 39 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 71 added.
The largest buyer was BlackRock, adding an estimated $52.6M. The largest seller was Nexpoint Asset Management, cutting an estimated $54.6M.
- 169 institutional investors held NexPoint Residential Trust (NXRT) as of Q1 2020, down from 175 in Q4 2019.
- Funds reported $491M of NexPoint Residential Trust stock for Q1 2020, down 42% quarter-over-quarter.
- 39 funds opened new NexPoint Residential Trust positions in Q1 2020 and 42 closed out, a net change of -3 holders.
- The largest NexPoint Residential Trust buyer in Q1 2020 was BlackRock, an estimated $52.6M added.
- The largest NexPoint Residential Trust seller in Q1 2020 was Nexpoint Asset Management, an estimated $54.6M sold.
Based on aggregated 13F filings for Q1 2020.