Ellington Financial
47 hedge funds and large institutions have $224M invested in Ellington Financial in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5.14% less ownership
Funds ownership: 50.62% → 45.48% (-5.1%)
15% less capital invested
Capital invested by funds: $263M → $224M (-$39.7M)
16% less funds holding
Funds holding: 56 → 47 (-9)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $765K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.96M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.31M |
| 3 |
VF
Virtu Financial
New York
|
+$620K |
| 4 |
Renaissance Technologies
New York
|
+$595K |
| 5 |
Morgan Stanley
New York
|
+$463K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Omega Advisors
New York
|
-$19.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.98M |
| 3 |
PTC
Petrus Trust Company
Dallas,
Texas
|
-$2.52M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.27M |
| 5 |
BP
BBR Partners
New York
|
-$942K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$277K | -17,059 | Closed |
|
52
Russell Investments Group
London,
United Kingdom
| – | -$219K | -13,500 | Closed |
|
53
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$216K | -13,354 | Closed |
|
|
NCCM
54
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$172K | -10,600 | Closed |
|
|
CPP
55
Crow Point Partners
Boston,
Massachusetts
| – | -$56K | -3,424 | Closed |
|
|
CG
56
Cutler Group
San Francisco,
California
| – | -$40.7K | -2,550 | Closed |
|
57
Creative Planning
Overland Park,
Kansas
| – | -$41K | -2,500 | Closed |
|
|
GT
58
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$671 | -42 | -66% |
|
EFC Hedge Fund Activity: Q3 2017 in Review
47 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q3 2017, worth a combined $224M — down 15% from $263M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of EFC and 3 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 14 added.
The largest buyer was Fidelity Investments, adding an estimated $2.96M. The largest seller was Omega Advisors, cutting an estimated $19.3M.
- 47 institutional investors held Ellington Financial (EFC) as of Q3 2017, down from 56 in Q2 2017.
- Funds reported $224M of Ellington Financial stock for Q3 2017, down 15% quarter-over-quarter.
- 3 funds opened new Ellington Financial positions in Q3 2017 and 11 closed out, a net change of -8 holders.
- The largest Ellington Financial buyer in Q3 2017 was Fidelity Investments, an estimated $2.96M added.
- The largest Ellington Financial seller in Q3 2017 was Omega Advisors, an estimated $19.3M sold.
Based on aggregated 13F filings for Q3 2017.