Ellington Residential Mortgage REIT
EARN
36 hedge funds and large institutions have $65.6M invested in Ellington Residential Mortgage REIT in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 6 closing their positions.
1.67% more ownership
Funds ownership: 56.51% → 58.18% (+1.7%)
4% more capital invested
Capital invested by funds: $62.8M → $65.6M (+$2.81M)
10% less funds holding
Funds holding: 40 → 36 (-4)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.14M |
| 2 |
Blackstone Inc
New York
|
+$1.61M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$451K |
| 4 |
Morgan Stanley
New York
|
+$172K |
| 5 |
Two Sigma Investments
New York
|
+$137K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$974K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$500K |
| 3 |
Millennium Management
New York
|
-$257K |
| 4 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
-$182K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$181K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $72K | +$1.67K | +131 | +2% |
|
|
MA
27
MUFG Americas
New York
| $41K | – | – | – |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $40K | -$1.6K | -126 | -4% |
|
29
Creative Planning
Overland Park,
Kansas
| $37K | +$6.37K | +500 | +20% |
|
|
MWP
30
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| $37K | +$38.2K | +3,000 | New |
|
31
Wells Fargo
San Francisco,
California
| $16K | – | – | – |
|
|
BIM
32
BlackRock Investment Management
Wilmington,
Delaware
| $15K | +$1.3K | +102 | +9% |
|
33
Walleye Trading
New York
| $10K | +$10.2K | +800 | New |
|
|
JIC
34
Joel Isaacson & Co
New York
| $9K | – | – | – |
|
|
MFS
35
MSI Financial Services
Springfield,
Massachusetts
| $9K | +$9.55K | +750 | New |
|
36
Barclays
London,
United Kingdom
| $1K | +$13 | +1 | +1% |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| – | -$974K | -80,202 | Closed |
|
|
PCM
38
Pointe Capital Management
Grosse Pointe Farms,
Michigan
| – | -$182K | -15,000 | Closed |
|
39
Citigroup
New York
| – | -$3K | -242 | Closed |
|
|
WA
40
WFG Advisors
Dallas,
Texas
| – | -$2K | -140 | Closed |
|
EARN Hedge Fund Activity: Q4 2015 in Review
36 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q4 2015, worth a combined $65.6M — up 4.5% from $62.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EARN and 3 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 11 added.
The largest buyer was Wellington Management Group, adding an estimated $2.14M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $974K sold.
- 36 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q4 2015, down from 40 in Q3 2015.
- Funds reported $65.6M of Ellington Residential Mortgage REIT stock for Q4 2015, up 4.5% quarter-over-quarter.
- 3 funds opened new Ellington Residential Mortgage REIT positions in Q4 2015 and 6 closed out, a net change of -3 holders.
- The largest Ellington Residential Mortgage REIT buyer in Q4 2015 was Wellington Management Group, an estimated $2.14M added.
- The largest Ellington Residential Mortgage REIT seller in Q4 2015 was Wolverine Asset Management, an estimated $974K sold.
Based on aggregated 13F filings for Q4 2015.