Cherry Hill Mortgage Investment Corp
CHMI
56 hedge funds and large institutions have $102M invested in Cherry Hill Mortgage Investment Corp in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 1 closing their positions.
1,600% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 1
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
53% more capital invested
Capital invested by funds: $66.8M → $102M (+$35.6M)
24% more funds holding
Funds holding: 45 → 56 (+11)
1.6% less ownership
Funds ownership: 48.73% → 47.13% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$9.86M |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$6.52M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$5.79M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$4.54M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$4.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$6.77M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.6M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$331K |
| 4 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$285K |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$197K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| $17K | – | – | – |
|
|
AG
52
Advisor Group
Phoenix,
Arizona
| $16K | +$7.27K | +400 | +74% |
|
|
QI
53
QS Investors
New York
| $7K | – | – | – |
|
|
TWA
54
TCI Wealth Advisors
Tucson,
Arizona
| $6K | – | – | – |
|
|
FPF
55
FNY Partners Fund
New York
| $6K | +$6.83K | +376 | New |
|
56
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5K | -$7.56K | -416 | -56% |
|
|
MA
57
MUFG Americas
New York
| $2K | – | – | – |
|
|
MP
58
Mangrove Partners
Greenwich,
Connecticut
| – | -$6.77M | -372,424 | Closed |
|
CHMI Hedge Fund Activity: Q1 2017 in Review
56 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Cherry Hill Mortgage Investment Corp (CHMI) for Q1 2017, worth a combined $102M — up 53% from $66.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CHMI positions and 1 closed out — a net gain of 16 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Millennium Management, adding an estimated $9.86M. The largest seller was Mangrove Partners, exiting entirely with an estimated $6.77M sold.
- 56 institutional investors held Cherry Hill Mortgage Investment Corp (CHMI) as of Q1 2017, up from 45 in Q4 2016.
- Funds reported $102M of Cherry Hill Mortgage Investment Corp stock for Q1 2017, up 53% quarter-over-quarter.
- 17 funds opened new Cherry Hill Mortgage Investment Corp positions in Q1 2017 and 1 closed out, a net change of +16 holders.
- The largest Cherry Hill Mortgage Investment Corp buyer in Q1 2017 was Millennium Management, an estimated $9.86M added.
- The largest Cherry Hill Mortgage Investment Corp seller in Q1 2017 was Mangrove Partners, an estimated $6.77M sold.
Based on aggregated 13F filings for Q1 2017.