Ellington Residential Mortgage REIT
EARN
60 hedge funds and large institutions have $95.6M invested in Ellington Residential Mortgage REIT in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 59 → 60 (+1)
2.47% less ownership
Funds ownership: 65.44% → 62.97% (-2.5%)
9% less capital invested
Capital invested by funds: $105M → $95.6M (-$9.31M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.17M |
| 2 |
BWA
BDO Wealth Advisors
Jacksonville,
Florida
|
+$615K |
| 3 |
Two Sigma Investments
New York
|
+$521K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$462K |
| 5 |
Two Sigma Advisers
New York
|
+$424K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$7.56M |
| 2 |
Renaissance Technologies
New York
|
-$1.09M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$291K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$173K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$159K |
EARN Hedge Fund Activity: Q1 2021 in Review
60 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Ellington Residential Mortgage REIT (EARN) for Q1 2021, worth a combined $95.6M — down 8.9% from $105M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new EARN positions and 6 closed out — a net gain of 1 holder — while 24 added to existing stakes and 16 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.17M. The largest seller was State of Michigan Retirement System, exiting entirely with an estimated $7.56M sold.
- 60 institutional investors held Ellington Residential Mortgage REIT (EARN) as of Q1 2021, up from 59 in Q4 2020.
- Funds reported $95.6M of Ellington Residential Mortgage REIT stock for Q1 2021, down 8.9% quarter-over-quarter.
- 7 funds opened new Ellington Residential Mortgage REIT positions in Q1 2021 and 6 closed out, a net change of +1 holder.
- The largest Ellington Residential Mortgage REIT buyer in Q1 2021 was Wells Fargo, an estimated $1.17M added.
- The largest Ellington Residential Mortgage REIT seller in Q1 2021 was State of Michigan Retirement System, an estimated $7.56M sold.
Based on aggregated 13F filings for Q1 2021.