Ellington Financial
47 hedge funds and large institutions have $250M invested in Ellington Financial in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 10 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0.85% more ownership
Funds ownership: 43.75% → 44.6% (+0.85%)
4% less capital invested
Capital invested by funds: $262M → $250M (-$11.6M)
10% less funds holding
Funds holding: 52 → 47 (-5)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
87% less call options, than puts
Call options by funds: $240K | Put options by funds: $1.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
BBR Partners
New York
|
+$3.18M |
| 2 |
OA
Omega Advisors
New York
|
+$2.42M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.54M |
| 5 |
MOACM
Mutual of America Capital Management
New York
|
+$585K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$1.29M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.05M |
| 3 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$972K |
| 4 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$877K |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$495K |
EFC Hedge Fund Activity: Q4 2015 in Review
47 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q4 2015, worth a combined $250M — down 4.4% from $262M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of EFC and 6 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 14 added.
The largest buyer was BBR Partners, adding an estimated $3.18M. The largest seller was Greenwich Investment Management, cutting an estimated $1.29M.
- 47 institutional investors held Ellington Financial (EFC) as of Q4 2015, down from 52 in Q3 2015.
- Funds reported $250M of Ellington Financial stock for Q4 2015, down 4.4% quarter-over-quarter.
- 6 funds opened new Ellington Financial positions in Q4 2015 and 10 closed out, a net change of -4 holders.
- The largest Ellington Financial buyer in Q4 2015 was BBR Partners, an estimated $3.18M added.
- The largest Ellington Financial seller in Q4 2015 was Greenwich Investment Management, an estimated $1.29M sold.
Based on aggregated 13F filings for Q4 2015.