Cherry Hill Mortgage Investment Corp
CHMI
45 hedge funds and large institutions have $60.8M invested in Cherry Hill Mortgage Investment Corp in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 11 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
8% more capital invested
Capital invested by funds: $56.5M → $60.8M (+$4.31M)
1.05% less ownership
Funds ownership: 48.23% → 47.19% (-1%)
6% less funds holding
Funds holding: 48 → 45 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.96M |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.39M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$948K |
| 5 |
Goldman Sachs
New York
|
+$595K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.05M |
| 2 |
CA
Continental Advisors
Park City,
Utah
|
-$2.8M |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$2.26M |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$989K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$489K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
51
Virtu KCG Holdings
New York
| – | -$200K | -12,843 | Closed |
|
52
Walleye Trading
New York
| – | -$78K | -5,000 | Closed |
|
|
WAM
53
Wolverine Asset Management
Chicago,
Illinois
| – | -$59K | -3,828 | Closed |
|
54
BlackRock
New York
| – | -$58K | -3,713 | Closed |
|
|
CTC
55
Central Trust Company
Jefferson City,
Missouri
| – | -$2K | -100 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$1.51K | -94 | -94% |
|
|
PSC
57
Piper Sandler & Co
Minneapolis,
Minnesota
| – | -$1K | -40 | Closed |
|
CHMI Hedge Fund Activity: Q3 2016 in Review
45 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cherry Hill Mortgage Investment Corp (CHMI) for Q3 2016, worth a combined $60.8M — up 7.6% from $56.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CHMI and 8 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was Renaissance Technologies, adding an estimated $2.96M. The largest seller was Wellington Management Group, exiting entirely with an estimated $4.05M sold.
- 45 institutional investors held Cherry Hill Mortgage Investment Corp (CHMI) as of Q3 2016, down from 48 in Q2 2016.
- Funds reported $60.8M of Cherry Hill Mortgage Investment Corp stock for Q3 2016, up 7.6% quarter-over-quarter.
- 8 funds opened new Cherry Hill Mortgage Investment Corp positions in Q3 2016 and 11 closed out, a net change of -3 holders.
- The largest Cherry Hill Mortgage Investment Corp buyer in Q3 2016 was Renaissance Technologies, an estimated $2.96M added.
- The largest Cherry Hill Mortgage Investment Corp seller in Q3 2016 was Wellington Management Group, an estimated $4.05M sold.
Based on aggregated 13F filings for Q3 2016.