Cherry Hill Mortgage Investment Corp
CHMI
69 hedge funds and large institutions have $49.6M invested in Cherry Hill Mortgage Investment Corp in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 28 reducing their positions, and 15 closing their positions.
0.93% less ownership
Funds ownership: 48.73% → 47.8% (-0.93%)
10% less funds holding
Funds holding: 77 → 69 (-8)
18% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 28
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
59% less capital invested
Capital invested by funds: $120M → $49.6M (-$70.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$3.79M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.03M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.06M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.8M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$3.57M |
| 2 |
KIM
Kestrel Investment Management
San Mateo,
California
|
-$2.25M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$2.14M |
| 4 |
Millennium Management
New York
|
-$990K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$986K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$336K | -23,059 | Closed |
|
|
WCM
77
Weld Capital Management
New York
| – | -$303K | -20,790 | Closed |
|
78
Voloridge Investment Management
Jupiter,
Florida
| – | -$298K | -20,405 | Closed |
|
79
Bessemer Group
Woodbridge,
New Jersey
| – | -$124K | -8,500 | Closed |
|
80
AssetMark Inc
Concord,
California
| – | -$68K | -4,659 | Closed |
|
81
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$29K | -1,957 | Closed |
|
|
CCA
82
Catalyst Capital Advisors
Huntington,
New York
| – | -$12K | -810 | Closed |
|
83
Fidelity Investments
Boston,
Massachusetts
| – | -$13 | -1 | -50% |
|
|
VCM
84
Versant Capital Management
Phoenix,
Arizona
| – | +$315 | +24 | New |
|
CHMI Hedge Fund Activity: Q1 2020 in Review
69 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Cherry Hill Mortgage Investment Corp (CHMI) for Q1 2020, worth a combined $49.6M — down 59% from $120M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CHMI and 9 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 23 added.
The largest buyer was Renaissance Technologies, adding an estimated $3.79M. The largest seller was JP Morgan Chase, cutting an estimated $3.57M.
- 69 institutional investors held Cherry Hill Mortgage Investment Corp (CHMI) as of Q1 2020, down from 77 in Q4 2019.
- Funds reported $49.6M of Cherry Hill Mortgage Investment Corp stock for Q1 2020, down 59% quarter-over-quarter.
- 9 funds opened new Cherry Hill Mortgage Investment Corp positions in Q1 2020 and 15 closed out, a net change of -6 holders.
- The largest Cherry Hill Mortgage Investment Corp buyer in Q1 2020 was Renaissance Technologies, an estimated $3.79M added.
- The largest Cherry Hill Mortgage Investment Corp seller in Q1 2020 was JP Morgan Chase, an estimated $3.57M sold.
Based on aggregated 13F filings for Q1 2020.