Ellington Residential Mortgage REIT
EARN
44 hedge funds and large institutions have $73.7M invested in Ellington Residential Mortgage REIT in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 10 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
5% more capital invested
Capital invested by funds: $70.1M → $73.7M (+$3.59M)
2.8% more ownership
Funds ownership: 59.25% → 62.06% (+2.8%)
10% less funds holding
Funds holding: 49 → 44 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.06M |
| 2 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$984K |
| 3 |
Citigroup
New York
|
+$880K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$778K |
| 5 |
Two Sigma Investments
New York
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.75M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$426K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$257K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$181K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$147K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIC
51
Joel Isaacson & Co
New York
| – | -$10K | -750 | Closed |
|
52
Bank of America
Charlotte,
North Carolina
| – | -$2K | -184 | Closed |
|
|
SAM
53
Solaris Asset Management
New York
| – | -$2K | -167 | Closed |
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1K | -96 | Closed |
|
EARN Hedge Fund Activity: Q4 2016 in Review
44 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q4 2016, worth a combined $73.7M — up 5.1% from $70.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of EARN and 5 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was Renaissance Technologies, adding an estimated $1.06M. The largest seller was Wellington Management Group, exiting entirely with an estimated $2.75M sold.
- 44 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q4 2016, down from 49 in Q3 2016.
- Funds reported $73.7M of Ellington Residential Mortgage REIT stock for Q4 2016, up 5.1% quarter-over-quarter.
- 5 funds opened new Ellington Residential Mortgage REIT positions in Q4 2016 and 10 closed out, a net change of -5 holders.
- The largest Ellington Residential Mortgage REIT buyer in Q4 2016 was Renaissance Technologies, an estimated $1.06M added.
- The largest Ellington Residential Mortgage REIT seller in Q4 2016 was Wellington Management Group, an estimated $2.75M sold.
Based on aggregated 13F filings for Q4 2016.