Retirement Systems of Alabama Discloses New Position in Invitation Homes Inc.
According to a recent Form 13F filing submitted to the SEC, Retirement Systems of Alabama disclosed a noteworthy new position in Invitation Homes Inc. (NYSE: INVH) stock. Here’s what you need to know about Invitation Homes Inc., as well as Retirement Systems of Alabama’s position in shares of INVH stock:
Retirement Systems of Alabama
The Retirement Systems of Alabama inlcudes the Teachers Retirement System, Employees Retirement System, Judicial Retirement Fund, and other pension and benefit funds in Alabama, with over $21 billion in managed 13F securities. The Retirement Systems of Alabama serves the interests of its members by preserving the excellent benefits and soundness of the systems at the least expense to the state of Alabama and all Alabama taxpayers. You can learn more about Retirement Systems of Alabama on their website here.
Retirement Systems of Alabama’s New Position in INVH Stock
According to the most recent 13F filing from Retirement Systems of Alabama, the institutional investment manager added a meaningful position in Invitation Homes Inc. (NYSE: INVH), with 192,595 shares, which represents approximately 0.0314% of the 613,948,065 total INVH shares outstanding. Based on INVH’s last closing price of $31.67 per share, Retirement Systems of Alabama’s stake in INVH is worth approximately $6,099,483.65, assuming no change in the position size. If you’re not very familiar with Invitation Homes Inc., learn more below.
Invitation Homes Inc. (NYSE: INVH)
Invitation Homes is the nation’s premier single-family home leasing company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company’s mission, “Together with you, we make a house a home,” reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents’ living experiences.
Summary
Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Retirement Systems of Alabama. Also be sure to check out more recent 13F filing analysis news here.
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