Ellington Financial
52 hedge funds and large institutions have $262M invested in Ellington Financial in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 20 reducing their positions, and 17 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4.06% less ownership
Funds ownership: 47.82% → 43.75% (-4.1%)
12% less capital invested
Capital invested by funds: $296M → $262M (-$34.4M)
13% less funds holding
Funds holding: 60 → 52 (-8)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
55% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 20
98% less call options, than puts
Call options by funds: $45K | Put options by funds: $2.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.4M |
| 2 |
OA
Omega Advisors
New York
|
+$2.75M |
| 3 |
SCM
Summit Capital Management
Seattle,
Washington
|
+$2.21M |
| 4 |
BP
BBR Partners
New York
|
+$1.24M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
Ellington Management Group
Old Greenwich,
Connecticut
|
-$19.5M |
| 2 |
Citigroup
New York
|
-$4.18M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.17M |
| 4 |
Renaissance Technologies
New York
|
-$2.09M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.96M |
EFC Hedge Fund Activity: Q3 2015 in Review
52 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q3 2015, worth a combined $262M — down 12% from $296M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of EFC and 10 opened new positions — a net loss of 7 holders — while 20 trimmed existing stakes and 9 added.
The largest buyer was Wellington Management Group, adding an estimated $11.4M. The largest seller was Ellington Management Group, cutting an estimated $19.5M.
- 52 institutional investors held Ellington Financial (EFC) as of Q3 2015, down from 60 in Q2 2015.
- Funds reported $262M of Ellington Financial stock for Q3 2015, down 12% quarter-over-quarter.
- 10 funds opened new Ellington Financial positions in Q3 2015 and 17 closed out, a net change of -7 holders.
- The largest Ellington Financial buyer in Q3 2015 was Wellington Management Group, an estimated $11.4M added.
- The largest Ellington Financial seller in Q3 2015 was Ellington Management Group, an estimated $19.5M sold.
Based on aggregated 13F filings for Q3 2015.