NexPoint Residential Trust
NXRT
184 hedge funds and large institutions have $822M invested in NexPoint Residential Trust in 2020 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 70 increasing their positions, 58 reducing their positions, and 16 closing their positions.
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
21% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 58
4% more funds holding
Funds holding: 177 → 184 (+7)
2.18% less ownership
Funds ownership: 81.15% → 78.96% (-2.2%)
6% less capital invested
Capital invested by funds: $874M → $822M (-$52.6M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.19M |
| 2 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$6.46M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$5.13M |
| 4 |
Millennium Management
New York
|
+$4.35M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$23.5M |
| 2 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$10.5M |
| 3 |
Renaissance Technologies
New York
|
-$3.73M |
| 4 |
PM
Precept Management
Dallas,
Texas
|
-$3.73M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.6M |
NXRT Hedge Fund Activity: Q4 2020 in Review
184 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in NexPoint Residential Trust (NXRT) for Q4 2020, worth a combined $822M — down 6% from $874M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NXRT positions and 16 closed out — a net gain of 9 holders — while 70 added to existing stakes and 58 trimmed.
The largest buyer was BlackRock, adding an estimated $7.19M. The largest seller was Russell Investments Group, cutting an estimated $23.5M.
- 184 institutional investors held NexPoint Residential Trust (NXRT) as of Q4 2020, up from 177 in Q3 2020.
- Funds reported $822M of NexPoint Residential Trust stock for Q4 2020, down 6% quarter-over-quarter.
- 25 funds opened new NexPoint Residential Trust positions in Q4 2020 and 16 closed out, a net change of +9 holders.
- The largest NexPoint Residential Trust buyer in Q4 2020 was BlackRock, an estimated $7.19M added.
- The largest NexPoint Residential Trust seller in Q4 2020 was Russell Investments Group, an estimated $23.5M sold.
Based on aggregated 13F filings for Q4 2020.