Ellington Financial
64 hedge funds and large institutions have $310M invested in Ellington Financial in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 8 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% more capital invested
Capital invested by funds: $307M → $310M (+$3.08M)
0% more funds holding
Funds holding: 64 → 64 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.57% less ownership
Funds ownership: 53.24% → 50.67% (-2.6%)
17% less call options, than puts
Call options by funds: $2.02M | Put options by funds: $2.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.33M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.79M |
| 3 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$2.59M |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$2.22M |
| 5 |
GXMC
Global X Management Company
New York
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.9M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$11.4M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$2.8M |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$1.56M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$662K |
EFC Hedge Fund Activity: Q1 2014 in Review
64 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q1 2014, worth a combined $310M — up 1% from $307M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EFC positions and 8 closed out — a net gain of 1 holder — while 20 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.33M. The largest seller was Wellington Management Group, cutting an estimated $12.9M.
- 64 institutional investors held Ellington Financial (EFC) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $310M of Ellington Financial stock for Q1 2014, up 1% quarter-over-quarter.
- 9 funds opened new Ellington Financial positions in Q1 2014 and 8 closed out, a net change of +1 holder.
- The largest Ellington Financial buyer in Q1 2014 was Morgan Stanley, an estimated $4.33M added.
- The largest Ellington Financial seller in Q1 2014 was Wellington Management Group, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2014.