Ellington Residential Mortgage REIT
EARN
42 hedge funds and large institutions have $85M invested in Ellington Residential Mortgage REIT in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 6 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
15% more capital invested
Capital invested by funds: $73.7M → $85M (+$11.3M)
1.47% more ownership
Funds ownership: 62.06% → 63.52% (+1.5%)
5% less funds holding
Funds holding: 44 → 42 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.33M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$768K |
| 3 |
LPL Financial
San Diego,
California
|
+$646K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$417K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$585K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$280K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$225K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$219K |
| 5 |
Millennium Management
New York
|
-$143K |
EARN Hedge Fund Activity: Q1 2017 in Review
42 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q1 2017, worth a combined $85M — up 15% from $73.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new EARN positions and 6 closed out — a net gain of 1 holder — while 11 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $3.33M. The largest seller was ClariVest Asset Management, cutting an estimated $585K.
- 42 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q1 2017, down from 44 in Q4 2016.
- Funds reported $85M of Ellington Residential Mortgage REIT stock for Q1 2017, up 15% quarter-over-quarter.
- 7 funds opened new Ellington Residential Mortgage REIT positions in Q1 2017 and 6 closed out, a net change of +1 holder.
- The largest Ellington Residential Mortgage REIT buyer in Q1 2017 was BlackRock, an estimated $3.33M added.
- The largest Ellington Residential Mortgage REIT seller in Q1 2017 was ClariVest Asset Management, an estimated $585K sold.
Based on aggregated 13F filings for Q1 2017.