Ellington Financial
52 hedge funds and large institutions have $261M invested in Ellington Financial in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
5.13% more ownership
Funds ownership: 46.52% → 51.65% (+5.1%)
4% more funds holding
Funds holding: 50 → 52 (+2)
3% more capital invested
Capital invested by funds: $253M → $261M (+$7.62M)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $217K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$6.83M |
| 2 |
Citigroup
New York
|
+$3.64M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.41M |
| 4 |
T
Tahithromos
New York
|
+$1.41M |
| 5 |
EMG
Ellington Management Group
Old Greenwich,
Connecticut
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.96M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.69M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.52M |
| 4 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$432K |
| 5 |
DC
Deere & Company
Moline,
Illinois
|
-$423K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
51
Deere & Company
Moline,
Illinois
| – | -$423K | -25,366 | Closed |
|
|
GCP
52
GSA Capital Partners
London,
United Kingdom
| – | -$283K | -17,000 | Closed |
|
53
Barclays
London,
United Kingdom
| – | -$20.5K | -1,284 | -99% |
|
54
First Manhattan
New York
| – | -$5K | -300 | Closed |
|
EFC Hedge Fund Activity: Q4 2016 in Review
52 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q4 2016, worth a combined $261M — up 3% from $253M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new EFC positions and 3 closed out — a net gain of 3 holders — while 15 added to existing stakes and 17 trimmed.
The largest buyer was Merriman Wealth Management, adding an estimated $6.83M. The largest seller was Bank of America, cutting an estimated $2.96M.
- 52 institutional investors held Ellington Financial (EFC) as of Q4 2016, up from 50 in Q3 2016.
- Funds reported $261M of Ellington Financial stock for Q4 2016, up 3% quarter-over-quarter.
- 6 funds opened new Ellington Financial positions in Q4 2016 and 3 closed out, a net change of +3 holders.
- The largest Ellington Financial buyer in Q4 2016 was Merriman Wealth Management, an estimated $6.83M added.
- The largest Ellington Financial seller in Q4 2016 was Bank of America, an estimated $2.96M sold.
Based on aggregated 13F filings for Q4 2016.