Ellington Residential Mortgage REIT
EARN
50 hedge funds and large institutions have $87.3M invested in Ellington Residential Mortgage REIT in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 10 closing their positions.
1% less capital invested
Capital invested by funds: $88.1M → $87.3M (-$748K)
2.57% less ownership
Funds ownership: 63.52% → 60.95% (-2.6%)
7% less funds holding
Funds holding: 54 → 50 (-4)
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.68M |
| 2 |
Blackstone Inc
New York
|
+$931K |
| 3 |
BlackRock
New York
|
+$507K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$230K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.85M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.29M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$526K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$485K |
| 5 |
ECM
Element Capital Management
New York
|
-$413K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$526K | -48,198 | Closed |
|
|
PP
52
Paloma Partners
Greenwich,
Connecticut
| – | -$485K | -44,499 | Closed |
|
53
Jane Street
New York
| – | -$396K | -36,296 | Closed |
|
54
Balyasny Asset Management
Chicago,
Illinois
| – | -$340K | -31,178 | Closed |
|
|
MWNA
55
Marshall Wace North America
New York
| – | -$289K | -26,551 | Closed |
|
|
LP
56
LMR Partners
London,
United Kingdom
| – | -$274K | -25,094 | Closed |
|
|
GCP
57
GSA Capital Partners
London,
United Kingdom
| – | -$208K | -19,055 | Closed |
|
58
Ameriprise
Minneapolis,
Minnesota
| – | -$150K | -13,741 | Closed |
|
59
First Trust Advisors
Wheaton,
Illinois
| – | -$121K | -11,092 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$95K | -8,751 | Closed |
|
EARN Hedge Fund Activity: Q3 2018 in Review
50 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q3 2018, worth a combined $87.3M — down 0.85% from $88.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of EARN and 6 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 16 added.
The largest buyer was Fidelity Investments, adding an estimated $1.68M. The largest seller was Acadian Asset Management, cutting an estimated $1.85M.
- 50 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q3 2018, down from 54 in Q2 2018.
- Funds reported $87.3M of Ellington Residential Mortgage REIT stock for Q3 2018, down 0.85% quarter-over-quarter.
- 6 funds opened new Ellington Residential Mortgage REIT positions in Q3 2018 and 10 closed out, a net change of -4 holders.
- The largest Ellington Residential Mortgage REIT buyer in Q3 2018 was Fidelity Investments, an estimated $1.68M added.
- The largest Ellington Residential Mortgage REIT seller in Q3 2018 was Acadian Asset Management, an estimated $1.85M sold.
Based on aggregated 13F filings for Q3 2018.