Ellington Financial
64 hedge funds and large institutions have $307M invested in Ellington Financial in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
14% more funds holding
Funds holding: 56 → 64 (+8)
1.78% more ownership
Funds ownership: 51.46% → 53.24% (+1.8%)
5% more capital invested
Capital invested by funds: $292M → $307M (+$14.6M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
77% less call options, than puts
Call options by funds: $941K | Put options by funds: $4.03M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLG
Cooperman Leon G
|
+$8.59M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.49M |
| 3 |
SCM
Summit Capital Management
Seattle,
Washington
|
+$2.66M |
| 4 |
Renaissance Technologies
New York
|
+$2.59M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Serengeti Asset Management
New York
|
-$12.1M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$6.95M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.44M |
| 4 |
NTCOC
Northern Trust Company of Connecticut
Stamford,
Connecticut
|
-$2.34M |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$1.74M |
EFC Hedge Fund Activity: Q4 2013 in Review
64 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q4 2013, worth a combined $307M — up 5% from $292M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new EFC positions and 7 closed out — a net gain of 9 holders — while 22 added to existing stakes and 13 trimmed.
The largest buyer was Cooperman Leon G, opening a new position worth an estimated $8.59M. The largest seller was Serengeti Asset Management, exiting entirely with an estimated $12.1M sold.
- 64 institutional investors held Ellington Financial (EFC) as of Q4 2013, up from 56 in Q3 2013.
- Funds reported $307M of Ellington Financial stock for Q4 2013, up 5% quarter-over-quarter.
- 16 funds opened new Ellington Financial positions in Q4 2013 and 7 closed out, a net change of +9 holders.
- The largest Ellington Financial buyer in Q4 2013 was Cooperman Leon G, an estimated $8.59M added.
- The largest Ellington Financial seller in Q4 2013 was Serengeti Asset Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q4 2013.