Ellington Financial
EFC
45 hedge funds and large institutions have $206M invested in Ellington Financial in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 9 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0.25% less ownership
Funds ownership: 45.8% → 45.55% (-0.25%)
3% less capital invested
Capital invested by funds: $212M → $206M (-$5.95M)
12% less funds holding
Funds holding: 51 → 45 (-6)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $418K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$12.2M |
| 2 |
Morgan Stanley
New York
|
+$1.36M |
| 3 |
EWM
Edge Wealth Management
New York
|
+$379K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$360K |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.22M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.88M |
| 3 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$3.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.23M |
| 5 |
Renaissance Technologies
New York
|
-$3.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Ameriprise
Minneapolis,
Minnesota
| – | -$271K | -18,680 | Closed |
|
|
TSS
52
Two Sigma Securities
New York
| – | -$207K | -14,244 | Closed |
|
53
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15K | -1,000 | Closed |
|
|
SWP
54
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$3K | -211 | Closed |
|
EFC Hedge Fund Activity: Q1 2018 in Review
45 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q1 2018, worth a combined $206M — down 2.8% from $212M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EFC and 3 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was American Financial Group, adding an estimated $12.2M. The largest seller was Wellington Management Group, cutting an estimated $8.22M.
- 45 institutional investors held Ellington Financial (EFC) as of Q1 2018, down from 51 in Q4 2017.
- Funds reported $206M of Ellington Financial stock for Q1 2018, down 2.8% quarter-over-quarter.
- 3 funds opened new Ellington Financial positions in Q1 2018 and 9 closed out, a net change of -6 holders.
- The largest Ellington Financial buyer in Q1 2018 was American Financial Group, an estimated $12.2M added.
- The largest Ellington Financial seller in Q1 2018 was Wellington Management Group, an estimated $8.22M sold.
Based on aggregated 13F filings for Q1 2018.