Cherry Hill Mortgage Investment Corp
CHMI
83 hedge funds and large institutions have $114M invested in Cherry Hill Mortgage Investment Corp in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 19 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 29
3.65% less ownership
Funds ownership: 55.16% → 51.51% (-3.7%)
12% less funds holding
Funds holding: 94 → 83 (-11)
22% less capital invested
Capital invested by funds: $147M → $114M (-$33M)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$7.92M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
+$2.79M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.5M |
| 4 |
Goldman Sachs
New York
|
+$2.03M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$5.78M |
| 2 |
Morgan Stanley
New York
|
-$3.05M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$2.59M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.28M |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$1.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCP
101
Proficio Capital Partners
Newton,
Massachusetts
| – | -$5K | -324 | Closed |
|
102
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$3K | -187 | Closed |
|
CHMI Hedge Fund Activity: Q3 2019 in Review
83 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cherry Hill Mortgage Investment Corp (CHMI) for Q3 2019, worth a combined $114M — down 22% from $147M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CHMI and 9 opened new positions — a net loss of 10 holders — while 29 trimmed existing stakes and 31 added.
The largest buyer was Wolverine Asset Management, adding an estimated $7.92M. The largest seller was Renaissance Technologies, cutting an estimated $5.78M.
- 83 institutional investors held Cherry Hill Mortgage Investment Corp (CHMI) as of Q3 2019, down from 94 in Q2 2019.
- Funds reported $114M of Cherry Hill Mortgage Investment Corp stock for Q3 2019, down 22% quarter-over-quarter.
- 9 funds opened new Cherry Hill Mortgage Investment Corp positions in Q3 2019 and 19 closed out, a net change of -10 holders.
- The largest Cherry Hill Mortgage Investment Corp buyer in Q3 2019 was Wolverine Asset Management, an estimated $7.92M added.
- The largest Cherry Hill Mortgage Investment Corp seller in Q3 2019 was Renaissance Technologies, an estimated $5.78M sold.
Based on aggregated 13F filings for Q3 2019.