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NXRT

NexPoint Residential Trust

185 hedge funds and large institutions have $887M invested in NexPoint Residential Trust in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 72 increasing their positions, 72 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.76% more ownership

Funds ownership: 77.65%79.42% (+1.8%)

4% more capital invested

Capital invested by funds: $850M → $887M (+$37.5M)

0% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 72

2% less call options, than puts

Call options by funds: $213K | Put options by funds: $218K

4% less funds holding

Funds holding: 193185 (-8)

23% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 22

Holders
185
Holders Change
-8
Holders Change %
-4.15%
% of All Funds
2.95%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
72
Reduced
72
Closed
22
Calls
$213K
Puts
$218K
Net Calls
-$5K
Net Calls Change
-$293K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$191M +$8.21M +178,358 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$124M -$1.74M -37,810 -1%
State Street
3
State Street
Massachusetts
$62.9M +$498K +10,811 +0.8%
CCM
4
Copeland Capital Management
Pennsylvania
$54.2M +$8.71M +189,165 +18%
T. Rowe Price Investment Management
5
T. Rowe Price Investment Management
Maryland
$34.1M +$17.5M +379,389 +94%
Goldman Sachs
6
Goldman Sachs
New York
$32.9M +$3.4M +73,828 +11%
NAM
7
Nexpoint Asset Management
Texas
$25.1M +$3.13M +68,029 +13%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$20.8M +$730K +15,862 +3%
KCM
9
Kennedy Capital Management
Missouri
$15.6M -$671K -14,567 -4%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$14.3M +$1M +21,762 +7%
Morgan Stanley
11
Morgan Stanley
New York
$14.2M +$855K +18,574 +6%
Northern Trust
12
Northern Trust
Illinois
$13.8M +$498K +10,807 +4%
JP Morgan Chase
13
JP Morgan Chase
New York
$13.1M +$3.33M +72,236 +32%
CIMLRA
14
CBRE Investment Management Listed Real Assets
Pennsylvania
$12.9M +$2.31M +50,168 +20%
Millennium Management
15
Millennium Management
New York
$12.5M -$2.44M -53,026 -16%
Renaissance Technologies
16
Renaissance Technologies
New York
$12.4M -$1.03M -22,310 -7%
Charles Schwab
17
Charles Schwab
California
$12.3M +$133K +2,896 +1%
PCM
18
Peregrine Capital Management
Minnesota
$11.9M +$800K +17,381 +7%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$11.8M -$175K -3,803 -1%
State of New Jersey Common Pension Fund D
20
State of New Jersey Common Pension Fund D
New Jersey
$9.29M -$125K -2,710 -1%
N
21
Nuveen
North Carolina
$8.56M -$1.33M -28,912 -13%
Legal & General Group
22
Legal & General Group
United Kingdom
$8.52M +$723K +15,710 +9%
NCM
23
Narwhal Capital Management
Georgia
$8.4M -$638K -13,856 -7%
BF
24
BOK Financial
Oklahoma
$7.07M -$1.38K -30 -0%
UBS AM
25
UBS AM
Illinois
$6.12M +$797K +17,312 +14%

NXRT Hedge Fund Activity: Q1 2023 in Review

185 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NexPoint Residential Trust (NXRT) for Q1 2023, worth a combined $887M — up 4.4% from $850M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of NXRT and 17 opened new positions — a net loss of 5 holders — while 72 trimmed existing stakes and 72 added.

The largest buyer was T. Rowe Price Investment Management, adding an estimated $17.5M. The largest seller was Bridgeway Capital Management, exiting entirely with an estimated $4.47M sold.

  • 185 institutional investors held NexPoint Residential Trust (NXRT) as of Q1 2023, down from 193 in Q4 2022.
  • Funds reported $887M of NexPoint Residential Trust stock for Q1 2023, up 4.4% quarter-over-quarter.
  • 17 funds opened new NexPoint Residential Trust positions in Q1 2023 and 22 closed out, a net change of -5 holders.
  • The largest NexPoint Residential Trust buyer in Q1 2023 was T. Rowe Price Investment Management, an estimated $17.5M added.
  • The largest NexPoint Residential Trust seller in Q1 2023 was Bridgeway Capital Management, an estimated $4.47M sold.

Based on aggregated 13F filings for Q1 2023.