RESOURCE AMERICA INC CL-A
REXI
REXI was delisted on the 8th of September, 2016.
49 hedge funds and large institutions have $40.1M invested in RESOURCE AMERICA INC CL-A in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 14 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
8% less funds holding
Funds holding: 53 → 49 (-4)
11% less capital invested
Capital invested by funds: $45M → $40.1M (-$4.88M)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$3.52M |
| 2 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$796K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$247K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$234K |
| 5 |
State Street
Boston,
Massachusetts
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIC
Beach Investment Counsel
West Conshohocken,
Pennsylvania
|
-$2.57M |
| 2 |
CI
Cowen Inc
New York
|
-$1.92M |
| 3 |
BIM
Beach Investment Management
West Conshohocken,
Pennsylvania
|
-$1.5M |
| 4 |
SM
Senvest Management
New York
|
-$1.31M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$146K |
REXI Hedge Fund Activity: Q1 2016 in Review
49 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in RESOURCE AMERICA INC CL-A (REXI) for Q1 2016, worth a combined $40.1M — down 11% from $45M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of REXI and 10 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 15 added.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $3.52M. The largest seller was Beach Investment Counsel, exiting entirely with an estimated $2.57M sold.
- 49 institutional investors held RESOURCE AMERICA INC CL-A (REXI) as of Q1 2016, down from 53 in Q4 2015.
- Funds reported $40.1M of RESOURCE AMERICA INC CL-A stock for Q1 2016, down 11% quarter-over-quarter.
- 10 funds opened new RESOURCE AMERICA INC CL-A positions in Q1 2016 and 14 closed out, a net change of -4 holders.
- The largest RESOURCE AMERICA INC CL-A buyer in Q1 2016 was Nantahala Capital Management, an estimated $3.52M added.
- The largest RESOURCE AMERICA INC CL-A seller in Q1 2016 was Beach Investment Counsel, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2016.