Ellington Residential Mortgage REIT
EARN
45 hedge funds and large institutions have $42.2M invested in Ellington Residential Mortgage REIT in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 10 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
1.77% more ownership
Funds ownership: 62.11% → 63.88% (+1.8%)
13% less funds holding
Funds holding: 52 → 45 (-7)
49% less capital invested
Capital invested by funds: $82.9M → $42.2M (-$40.8M)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$3.24M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$576K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$536K |
| 5 |
Walleye Trading
New York
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IM
Islet Management
New York
|
-$1.63M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$539K |
| 3 |
Renaissance Technologies
New York
|
-$489K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$470K |
| 5 |
State Street
Boston,
Massachusetts
|
-$293K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
SG Americas Securities
New York
| – | -$128K | -11,796 | Closed |
|
52
Squarepoint
New York
| – | -$115K | -10,644 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$6K | -546 | Closed |
|
|
BCA
54
Berman Capital Advisors
Atlanta,
Georgia
| – | -$1.13K | -115 | Closed |
|
EARN Hedge Fund Activity: Q1 2020 in Review
45 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q1 2020, worth a combined $42.2M — down 49% from $82.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of EARN and 5 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 15 added.
The largest buyer was Almitas Capital, adding an estimated $3.24M. The largest seller was Islet Management, exiting entirely with an estimated $1.63M sold.
- 45 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q1 2020, down from 52 in Q4 2019.
- Funds reported $42.2M of Ellington Residential Mortgage REIT stock for Q1 2020, down 49% quarter-over-quarter.
- 5 funds opened new Ellington Residential Mortgage REIT positions in Q1 2020 and 10 closed out, a net change of -5 holders.
- The largest Ellington Residential Mortgage REIT buyer in Q1 2020 was Almitas Capital, an estimated $3.24M added.
- The largest Ellington Residential Mortgage REIT seller in Q1 2020 was Islet Management, an estimated $1.63M sold.
Based on aggregated 13F filings for Q1 2020.