Cherry Hill Mortgage Investment Corp
CHMI
77 hedge funds and large institutions have $120M invested in Cherry Hill Mortgage Investment Corp in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 30 reducing their positions, and 12 closing their positions.
5% more capital invested
Capital invested by funds: $114M → $120M (+$6.14M)
3% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 30
2.78% less ownership
Funds ownership: 51.51% → 48.73% (-2.8%)
7% less funds holding
Funds holding: 83 → 77 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$2.15M |
| 2 |
Renaissance Technologies
New York
|
+$1.59M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.52M |
| 4 |
BlackRock
New York
|
+$721K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$703K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.16M |
| 2 |
Millennium Management
New York
|
-$2.25M |
| 3 |
Goldman Sachs
New York
|
-$1.51M |
| 4 |
JP Morgan Chase
New York
|
-$1.08M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$968K |
CHMI Hedge Fund Activity: Q4 2019 in Review
77 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cherry Hill Mortgage Investment Corp (CHMI) for Q4 2019, worth a combined $120M — up 5.4% from $114M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CHMI and 6 opened new positions — a net loss of 6 holders — while 30 trimmed existing stakes and 29 added.
The largest buyer was Kestrel Investment Management, opening a new position worth an estimated $2.15M. The largest seller was Wolverine Asset Management, cutting an estimated $5.16M.
- 77 institutional investors held Cherry Hill Mortgage Investment Corp (CHMI) as of Q4 2019, down from 83 in Q3 2019.
- Funds reported $120M of Cherry Hill Mortgage Investment Corp stock for Q4 2019, up 5.4% quarter-over-quarter.
- 6 funds opened new Cherry Hill Mortgage Investment Corp positions in Q4 2019 and 12 closed out, a net change of -6 holders.
- The largest Cherry Hill Mortgage Investment Corp buyer in Q4 2019 was Kestrel Investment Management, an estimated $2.15M added.
- The largest Cherry Hill Mortgage Investment Corp seller in Q4 2019 was Wolverine Asset Management, an estimated $5.16M sold.
Based on aggregated 13F filings for Q4 2019.