Ellington Residential Mortgage REIT
EARN
64 hedge funds and large institutions have $58.5M invested in Ellington Residential Mortgage REIT in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 16 increasing their positions, 23 reducing their positions, and 16 closing their positions.
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
7% more funds holding
Funds holding: 60 → 64 (+4)
24.15% less ownership
Funds ownership: 62.97% → 38.81% (-24%)
30% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 23
39% less capital invested
Capital invested by funds: $95.6M → $58.5M (-$37M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
+$3.71M |
| 2 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$2.41M |
| 3 |
Millennium Management
New York
|
+$1.35M |
| 4 |
EMG
Ellington Management Group
Old Greenwich,
Connecticut
|
+$1.32M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$33.1M |
| 2 |
BlackRock
New York
|
-$6.38M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.67M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.6M |
| 5 |
Renaissance Technologies
New York
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SO
76
STRS Ohio
Columbus,
Ohio
| – | -$29K | -2,400 | Closed |
|
|
AIP
77
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$10K | -796 | Closed |
|
78
Legal & General Group
London,
United Kingdom
| – | -$10K | -796 | Closed |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -254 | Closed |
|
|
QCG
80
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$161 | -13 | -50% |
|
EARN Hedge Fund Activity: Q2 2021 in Review
64 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q2 2021, worth a combined $58.5M — down 39% from $95.6M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new EARN positions and 16 closed out — a net gain of 4 holders — while 16 added to existing stakes and 23 trimmed.
The largest buyer was Monashee Investment Management, opening a new position worth an estimated $3.71M. The largest seller was Blackstone Inc, cutting an estimated $33.1M.
- 64 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q2 2021, up from 60 in Q1 2021.
- Funds reported $58.5M of Ellington Residential Mortgage REIT stock for Q2 2021, down 39% quarter-over-quarter.
- 20 funds opened new Ellington Residential Mortgage REIT positions in Q2 2021 and 16 closed out, a net change of +4 holders.
- The largest Ellington Residential Mortgage REIT buyer in Q2 2021 was Monashee Investment Management, an estimated $3.71M added.
- The largest Ellington Residential Mortgage REIT seller in Q2 2021 was Blackstone Inc, an estimated $33.1M sold.
Based on aggregated 13F filings for Q2 2021.