New York REIT, Inc.
NYRT
NYRT was delisted on the 2nd of November, 2018.
84 hedge funds and large institutions have $287M invested in New York REIT, Inc. in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 31 reducing their positions, and 67 closing their positions.
6.03% more ownership
Funds ownership: 73.61% → 79.65% (+6%)
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
41% less capital invested
Capital invested by funds: $483M → $287M (-$196M)
41% less funds holding
Funds holding: 143 → 84 (-59)
67% less funds holding in top 10
Funds holding in top 10: 9 → 3 (-6)
88% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 67
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$20.4M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$18.1M |
| 3 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
+$9.7M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$7.94M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
+$5.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$11.5M |
| 2 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$10.2M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$7.06M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.51M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.24M |
NYRT Hedge Fund Activity: Q1 2018 in Review
84 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in New York REIT, Inc. (NYRT) for Q1 2018, worth a combined $287M — down 41% from $483M a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of NYRT and 8 opened new positions — a net loss of 59 holders — while 31 trimmed existing stakes and 30 added.
The largest buyer was Indaba Capital Management, adding an estimated $20.4M. The largest seller was Long Pond Capital, cutting an estimated $11.5M.
- 84 institutional investors held New York REIT, Inc. (NYRT) as of Q1 2018, down from 143 in Q4 2017.
- Funds reported $287M of New York REIT, Inc. stock for Q1 2018, down 41% quarter-over-quarter.
- 8 funds opened new New York REIT, Inc. positions in Q1 2018 and 67 closed out, a net change of -59 holders.
- The largest New York REIT, Inc. buyer in Q1 2018 was Indaba Capital Management, an estimated $20.4M added.
- The largest New York REIT, Inc. seller in Q1 2018 was Long Pond Capital, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2018.