Ellington Residential Mortgage REIT
EARN
52 hedge funds and large institutions have $81.1M invested in Ellington Residential Mortgage REIT in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 13 closing their positions.
2.2% less ownership
Funds ownership: 62.6% → 60.4% (-2.2%)
12% less funds holding
Funds holding: 59 → 52 (-7)
13% less capital invested
Capital invested by funds: $92.9M → $81.1M (-$11.8M)
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.38M |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$238K |
| 3 |
Squarepoint
New York
|
+$236K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$173K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$1.28M |
| 2 |
BlackRock
New York
|
-$754K |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$739K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$402K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$387K |
EARN Hedge Fund Activity: Q2 2019 in Review
52 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q2 2019, worth a combined $81.1M — down 13% from $92.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EARN and 6 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 10 added.
The largest buyer was Almitas Capital, opening a new position worth an estimated $2.38M. The largest seller was Barclays, cutting an estimated $1.28M.
- 52 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q2 2019, down from 59 in Q1 2019.
- Funds reported $81.1M of Ellington Residential Mortgage REIT stock for Q2 2019, down 13% quarter-over-quarter.
- 6 funds opened new Ellington Residential Mortgage REIT positions in Q2 2019 and 13 closed out, a net change of -7 holders.
- The largest Ellington Residential Mortgage REIT buyer in Q2 2019 was Almitas Capital, an estimated $2.38M added.
- The largest Ellington Residential Mortgage REIT seller in Q2 2019 was Barclays, an estimated $1.28M sold.
Based on aggregated 13F filings for Q2 2019.