Ellington Financial
64 hedge funds and large institutions have $341M invested in Ellington Financial in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 12 closing their positions.
11% more capital invested
Capital invested by funds: $308M → $341M (+$33.1M)
4.2% more ownership
Funds ownership: 45.01% → 49.21% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less funds holding
Funds holding: 66 → 64 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
100% less call options, than puts
Call options by funds: $12K | Put options by funds: $4.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$31.6M |
| 2 |
BP
BBR Partners
New York
|
+$8M |
| 3 |
Citigroup
New York
|
+$4.51M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.45M |
| 5 |
SC
Selz Capital
New York
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GXMC
Global X Management Company
New York
|
-$4.54M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.14M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.99M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$2.3M |
| 5 |
Goldman Sachs
New York
|
-$1.91M |
EFC Hedge Fund Activity: Q1 2015 in Review
64 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q1 2015, worth a combined $341M — up 11% from $308M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of EFC and 10 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 11 added.
The largest buyer was State of Michigan Retirement System, opening a new position worth an estimated $31.6M. The largest seller was Global X Management Company, exiting entirely with an estimated $4.54M sold.
- 64 institutional investors held Ellington Financial (EFC) as of Q1 2015, down from 66 in Q4 2014.
- Funds reported $341M of Ellington Financial stock for Q1 2015, up 11% quarter-over-quarter.
- 10 funds opened new Ellington Financial positions in Q1 2015 and 12 closed out, a net change of -2 holders.
- The largest Ellington Financial buyer in Q1 2015 was State of Michigan Retirement System, an estimated $31.6M added.
- The largest Ellington Financial seller in Q1 2015 was Global X Management Company, an estimated $4.54M sold.
Based on aggregated 13F filings for Q1 2015.