Ellington Residential Mortgage REIT
EARN
44 hedge funds and large institutions have $24M invested in Ellington Residential Mortgage REIT in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 12 closing their positions.
22,967% more call options, than puts
Call options by funds: $692K | Put options by funds: $3K
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
1% less capital invested
Capital invested by funds: $24.2M → $24M (-$252K)
6.7% less ownership
Funds ownership: 24.21% → 17.51% (-6.7%)
12% less funds holding
Funds holding: 50 → 44 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$236K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$165K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$157K |
| 4 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$144K |
| 5 |
CC
Centiva Capital
New York
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$901K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$567K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$454K |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$393K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$247K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
D.E. Shaw & Co
New York
| – | -$80.3K | -13,101 | Closed |
|
|
AC
52
Almitas Capital
Santa Monica,
California
| – | -$71.6K | -11,683 | Closed |
|
53
Acadian Asset Management
Boston,
Massachusetts
| – | -$62K | -10,187 | Closed |
|
|
IA
54
IFP Advisors
Tampa,
Florida
| – | -$6.13K | -1,000 | Closed |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | -$6 | -1 | Closed |
|
56
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$6 | -1 | Closed |
|
EARN Hedge Fund Activity: Q1 2024 in Review
44 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q1 2024, worth a combined $24M — down 1% from $24.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of EARN and 6 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 19 added.
The largest buyer was Ameriprise, adding an estimated $236K. The largest seller was Renaissance Technologies, cutting an estimated $901K.
- 44 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q1 2024, down from 50 in Q4 2023.
- Funds reported $24M of Ellington Residential Mortgage REIT stock for Q1 2024, down 1% quarter-over-quarter.
- 6 funds opened new Ellington Residential Mortgage REIT positions in Q1 2024 and 12 closed out, a net change of -6 holders.
- The largest Ellington Residential Mortgage REIT buyer in Q1 2024 was Ameriprise, an estimated $236K added.
- The largest Ellington Residential Mortgage REIT seller in Q1 2024 was Renaissance Technologies, an estimated $901K sold.
Based on aggregated 13F filings for Q1 2024.