Ellington Financial
158 hedge funds and large institutions have $500M invested in Ellington Financial in 2024 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 56 increasing their positions, 53 reducing their positions, and 26 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 53
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 166 → 158 (-8)
7.18% less ownership
Funds ownership: 56.5% → 49.32% (-7.2%)
12% less capital invested
Capital invested by funds: $570M → $500M (-$69.6M)
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
31% less call options, than puts
Call options by funds: $3.11M | Put options by funds: $4.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Easterly Investment Partners
Beverly,
Massachusetts
|
+$23.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$12.2M |
| 3 |
BlackRock
New York
|
+$5.71M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$4.27M |
| 5 |
JAM
Jacobs Asset Management
New York
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
-$42.9M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$10.6M |
| 3 |
Morgan Stanley
New York
|
-$10.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.28M |
EFC Hedge Fund Activity: Q1 2024 in Review
158 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q1 2024, worth a combined $500M — down 12% from $570M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of EFC and 20 opened new positions — a net loss of 6 holders — while 53 trimmed existing stakes and 56 added.
The largest buyer was Easterly Investment Partners, opening a new position worth an estimated $23.7M. The largest seller was Ranger Global Real Estate Advisors, cutting an estimated $42.9M.
- 158 institutional investors held Ellington Financial (EFC) as of Q1 2024, down from 166 in Q4 2023.
- Funds reported $500M of Ellington Financial stock for Q1 2024, down 12% quarter-over-quarter.
- 20 funds opened new Ellington Financial positions in Q1 2024 and 26 closed out, a net change of -6 holders.
- The largest Ellington Financial buyer in Q1 2024 was Easterly Investment Partners, an estimated $23.7M added.
- The largest Ellington Financial seller in Q1 2024 was Ranger Global Real Estate Advisors, an estimated $42.9M sold.
Based on aggregated 13F filings for Q1 2024.