Ellington Financial
68 hedge funds and large institutions have $310M invested in Ellington Financial in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
6% more funds holding
Funds holding: 64 → 68 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% less capital invested
Capital invested by funds: $310M → $310M (-$442K)
0.47% less ownership
Funds ownership: 50.67% → 50.2% (-0.47%)
6% less call options, than puts
Call options by funds: $2.14M | Put options by funds: $2.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.74M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.44M |
| 3 |
Renaissance Technologies
New York
|
+$2.37M |
| 4 |
CLG
Cooperman Leon G
|
+$1.77M |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.84M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$5.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.38M |
| 4 |
SCM
Summit Capital Management
Seattle,
Washington
|
-$2.74M |
| 5 |
Morgan Stanley
New York
|
-$2.67M |
EFC Hedge Fund Activity: Q2 2014 in Review
68 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q2 2014, worth a combined $310M — down 0.14% from $310M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EFC positions and 5 closed out — a net gain of 4 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $8.74M. The largest seller was Bank of America, cutting an estimated $6.84M.
- 68 institutional investors held Ellington Financial (EFC) as of Q2 2014, up from 64 in Q1 2014.
- Funds reported $310M of Ellington Financial stock for Q2 2014, down 0.14% quarter-over-quarter.
- 9 funds opened new Ellington Financial positions in Q2 2014 and 5 closed out, a net change of +4 holders.
- The largest Ellington Financial buyer in Q2 2014 was Fidelity Investments, an estimated $8.74M added.
- The largest Ellington Financial seller in Q2 2014 was Bank of America, an estimated $6.84M sold.
Based on aggregated 13F filings for Q2 2014.