Ticker · CUSIP 65342V101
Holders (tracked)
2
Combined shares
121,956
Combined value
$1.72M
Last close
$14.06
Quarter
2025Q4
Price · 1Y$14.06+1.85 (+15.13%)H $14.55 · L $11.91 · Avg Vol 53K
Tracked holders · last 8 quarters
Flat over the last 8 quarters.
Price is -0.1% vs the avg quarter-end implied price across tracked holders.
SEC event timeline
4 events
- Two Sigma Investments added2026-02-17+14,294 shares · 2025Q4Position
- Izzy Englander (Millennium Mgmt) trimmed2026-02-17−52,813 shares · 2025Q4Position
- Izzy Englander (Millennium Mgmt) trimmed2025-11-14−5,617 shares · 2025Q3Position
- Two Sigma Investments added2025-11-14+776 shares · 2025Q3Position
Insider activity
No insider transactions in the last 30 days.
Follow-the-investor returns
If you'd copied each holder of NREF…
Cost basis inferred from each manager's quarter-over-quarter position changes. Sorted by % return on the position they're still holding.
| Investor | First in | Cost basis | Return | Position value today |
|---|---|---|---|---|
| Two Sigma Investments | 2020Q2 | $15.28 | -8.0% | $489K |
| Izzy Englander (Millennium Mgmt) | 2020Q1 | $17.55 | -19.9% | $1.2M |
Who moved on this name in 2025Q4
Position changes reported for the latest quarter, grouped by direction.
New positions0
—
Added to1
- Two Sigma Investments+14,294$201K
Trimmed1
- Izzy Englander (Millennium Mgmt)−52,813$744K
Exited0
—
Institutional ownership over time
Distinct super-investors holding this ticker · combined dollar value, by quarter.
| Quarter | Holders | Combined value |
|---|---|---|
| 2022Q1 | 5 | $9.7M |
| 2022Q2 | 4 | $13.1M |
| 2022Q3 | 4 | $9.5M |
| 2022Q4 | 6 | $11.6M |
| 2023Q1 | 3 | $11.0M |
| 2023Q2 | 5 | $12.6M |
| 2023Q3 | 6 | $13.1M |
| 2023Q4 | 6 | $12.8M |
| 2024Q1 | 6 | $11.7M |
| 2024Q2 | 4 | $11.1M |
| 2024Q3 | 6 | $3.3M |
| 2024Q4 | 6 | $4.2M |
| 2025Q1 | 5 | $3.4M |
| 2025Q2 | 3 | $2.4M |
| 2025Q3 | 2 | $2.3M |
| 2025Q4 | 2 | $1.7M |
Who owns NREF
2 super-investors · 2025Q4
Tracked stake
122.0K
shares
Combined value
$2M
% of shares outstanding
—
shares-out unknown
Quarter action mix
Added1Trim1
| # | Manager | Shares | Value |
|---|---|---|---|
| 1 | Izzy Englander Millennium Mgmt | 87.2K | $1M |
| 2 | Two Sigma Investments | 34.8K | $490K |
Recent moves
20 transactions
- −52,813 · 2025Q4
- +14,294 · 2025Q4
- +776 · 2025Q3
- −5,617 · 2025Q3
- −5,212 · 2025Q2
- −20,468 · 2025Q2
- +11,568 · 2025Q1
- −34,037 · 2025Q1
- −12,900 · 2025Q1
- +54,693 · 2024Q4
- −5,332 · 2024Q4
- −4,300 · 2024Q4
- −1,438 · 2024Q3
- +7,022 · 2024Q3
- −1,300 · 2024Q3
- +11,689 · 2024Q2
- +3,339 · 2024Q2
- ADDBlackRock+11,432 · 2024Q2
- −6,200 · 2024Q2
- −8,017 · 2024Q1
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