Ellington Residential Mortgage REIT
EARN
44 hedge funds and large institutions have $91.5M invested in Ellington Residential Mortgage REIT in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 12 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
4% less funds holding
Funds holding: 46 → 44 (-2)
4.56% less ownership
Funds ownership: 63.37% → 58.81% (-4.6%)
6% less capital invested
Capital invested by funds: $97.8M → $91.5M (-$6.35M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$852K |
| 2 |
Millennium Management
New York
|
+$495K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$482K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$471K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$459K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$3.62M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.75M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.72M |
| 4 |
AI
Analytic Investors
Los Angeles,
California
|
-$968K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$943K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFA
51
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$89K | -5,245 | Closed |
|
|
BA
52
BlackRock Advisors
Wilmington,
Delaware
| – | -$59K | -3,477 | Closed |
|
|
SO
53
STRS Ohio
Columbus,
Ohio
| – | -$46K | -2,700 | Closed |
|
54
Citigroup
New York
| – | -$19K | -1,100 | Closed |
|
55
First Manhattan
New York
| – | -$16K | -950 | Closed |
|
EARN Hedge Fund Activity: Q2 2014 in Review
44 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q2 2014, worth a combined $91.5M — down 6.5% from $97.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of EARN and 10 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 15 added.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $852K. The largest seller was State Street, cutting an estimated $3.62M.
- 44 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q2 2014, down from 46 in Q1 2014.
- Funds reported $91.5M of Ellington Residential Mortgage REIT stock for Q2 2014, down 6.5% quarter-over-quarter.
- 10 funds opened new Ellington Residential Mortgage REIT positions in Q2 2014 and 12 closed out, a net change of -2 holders.
- The largest Ellington Residential Mortgage REIT buyer in Q2 2014 was Two Sigma Investments, an estimated $852K added.
- The largest Ellington Residential Mortgage REIT seller in Q2 2014 was State Street, an estimated $3.62M sold.
Based on aggregated 13F filings for Q2 2014.