NXRT ranks #2661 out of 37503 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
NXRT is a top-conviction position for Starwood Capital Group Management, L.L.C. — at 12.9% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in NXRT belongs to BlackRock, Inc., but the position matters far more to Starwood Capital Group Management, L.L.C., who has 12.9% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Goldman Sachs Group Inc has added to its NXRT position for two straight quarters, increasing it by $10.7M to reach $35.6M today.
State Street has trimmed its NXRT position for two straight quarters, cutting it by $8.5M while still holding $30.6M.
NXRT is down 1.3% today, but institutions show net buying of $42.3M this quarter — a divergence between today's price move and the underlying institutional flow.