Ellington Residential Mortgage REIT
EARN
51 hedge funds and large institutions have $82.1M invested in Ellington Residential Mortgage REIT in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2.66% more ownership
Funds ownership: 60.95% → 63.61% (+2.7%)
2% more funds holding
Funds holding: 50 → 51 (+1)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
6% less capital invested
Capital invested by funds: $87.3M → $82.1M (-$5.25M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$1.05M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$927K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$774K |
| 4 |
Renaissance Technologies
New York
|
+$589K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$569K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$736K |
| 2 |
Millennium Management
New York
|
-$661K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$403K |
| 4 |
Goldman Sachs
New York
|
-$394K |
| 5 |
ECM
Element Capital Management
New York
|
-$238K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCA
51
Berman Capital Advisors
Atlanta,
Georgia
| $1K | +$1.25K | +115 | New |
|
|
52
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$736K | -65,197 | Closed |
|
|
ECM
53
Element Capital Management
New York
| – | -$238K | -21,099 | Closed |
|
|
FCM
54
FJ Capital Management
Mclean,
Virginia
| – | -$181K | -16,100 | Closed |
|
|
BCM
55
BlueCrest Capital Management
St Helier,
Jersey
| – | -$177K | -15,667 | Closed |
|
56
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$145K | -12,799 | Closed |
|
57
Squarepoint
New York
| – | -$125K | -11,050 | Closed |
|
58
Bank of America
Charlotte,
North Carolina
| – | -$12K | -1,048 | Closed |
|
EARN Hedge Fund Activity: Q4 2018 in Review
51 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q4 2018, worth a combined $82.1M — down 6% from $87.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EARN positions and 7 closed out — a net gain of 1 holder — while 16 added to existing stakes and 16 trimmed.
The largest buyer was Blackstone Inc, adding an estimated $1.05M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $736K sold.
- 51 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q4 2018, up from 50 in Q3 2018.
- Funds reported $82.1M of Ellington Residential Mortgage REIT stock for Q4 2018, down 6% quarter-over-quarter.
- 8 funds opened new Ellington Residential Mortgage REIT positions in Q4 2018 and 7 closed out, a net change of +1 holder.
- The largest Ellington Residential Mortgage REIT buyer in Q4 2018 was Blackstone Inc, an estimated $1.05M added.
- The largest Ellington Residential Mortgage REIT seller in Q4 2018 was Mackenzie Financial, an estimated $736K sold.
Based on aggregated 13F filings for Q4 2018.