Cherry Hill Mortgage Investment Corp
CHMI
80 hedge funds and large institutions have $112M invested in Cherry Hill Mortgage Investment Corp in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 14 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
1.9% less ownership
Funds ownership: 51.94% → 50.05% (-1.9%)
6% less capital invested
Capital invested by funds: $119M → $112M (-$7.22M)
7% less funds holding
Funds holding: 86 → 80 (-6)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.38M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$1.72M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$1.52M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.45M |
| 5 |
JP Morgan Chase
New York
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.31M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.55M |
| 3 |
Renaissance Technologies
New York
|
-$1.54M |
| 4 |
JAM
Jacobs Asset Management
New York
|
-$1.2M |
| 5 |
CI
Cigna Investments
Bloomfield,
Connecticut
|
-$1.09M |
CHMI Hedge Fund Activity: Q1 2018 in Review
80 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Cherry Hill Mortgage Investment Corp (CHMI) for Q1 2018, worth a combined $112M — down 6.1% from $119M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CHMI and 9 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 30 added.
The largest buyer was Vanguard Group, adding an estimated $2.38M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $3.31M sold.
- 80 institutional investors held Cherry Hill Mortgage Investment Corp (CHMI) as of Q1 2018, down from 86 in Q4 2017.
- Funds reported $112M of Cherry Hill Mortgage Investment Corp stock for Q1 2018, down 6.1% quarter-over-quarter.
- 9 funds opened new Cherry Hill Mortgage Investment Corp positions in Q1 2018 and 14 closed out, a net change of -5 holders.
- The largest Cherry Hill Mortgage Investment Corp buyer in Q1 2018 was Vanguard Group, an estimated $2.38M added.
- The largest Cherry Hill Mortgage Investment Corp seller in Q1 2018 was Acadian Asset Management, an estimated $3.31M sold.
Based on aggregated 13F filings for Q1 2018.