Ellington Financial
79 hedge funds and large institutions have $372M invested in Ellington Financial in 2014 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 28 increasing their positions, 14 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
100% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 14
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more capital invested
Capital invested by funds: $310M → $372M (+$62.2M)
16% more funds holding
Funds holding: 68 → 79 (+11)
0.17% less ownership
Funds ownership: 50.2% → 50.03% (-0.17%)
98% less call options, than puts
Call options by funds: $196K | Put options by funds: $8.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$37.7M |
| 2 |
Morgan Stanley
New York
|
+$5.92M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.01M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.27M |
| 5 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$3.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.79M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$3.35M |
| 3 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$594K |
| 4 |
BGA
Belmont Global Advisors
Dallas,
Texas
|
-$301K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$244K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFA
76
Reilly Financial Advisors
La Mesa,
California
| $8K | – | – | – |
|
77
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $20 | +$1.14K | +48 | +6% |
|
|
BTS
79
BB&T Securities
Richmond,
Virginia
| – | -$3.35M | -13,958 | Closed |
|
|
BGA
80
Belmont Global Advisors
Dallas,
Texas
| – | -$301K | -12,550 | Closed |
|
|
VKH
81
Virtu KCG Holdings
New York
| – | -$244K | -10,160 | Closed |
|
|
CPP
82
Crow Point Partners
Boston,
Massachusetts
| – | -$102K | -4,300 | Closed |
|
|
AP
83
Advisors Preferred
Rockville,
Maryland
| – | -$25K | -1,043 | Closed |
|
|
FANJ
84
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$24K | -1,000 | Closed |
|
|
FMII
85
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$5K | -220 | Closed |
|
|
GSC
86
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$5K | -200 | Closed |
|
|
TRCT
87
Tower Research Capital (TRC)
New York
| – | -$1K | -50 | Closed |
|
EFC Hedge Fund Activity: Q3 2014 in Review
79 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q3 2014, worth a combined $372M — up 20% from $310M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new EFC positions and 9 closed out — a net gain of 13 holders — while 28 added to existing stakes and 14 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $37.7M. The largest seller was Wellington Management Group, cutting an estimated $8.79M.
- 79 institutional investors held Ellington Financial (EFC) as of Q3 2014, up from 68 in Q2 2014.
- Funds reported $372M of Ellington Financial stock for Q3 2014, up 20% quarter-over-quarter.
- 22 funds opened new Ellington Financial positions in Q3 2014 and 9 closed out, a net change of +13 holders.
- The largest Ellington Financial buyer in Q3 2014 was Deutsche Bank, an estimated $37.7M added.
- The largest Ellington Financial seller in Q3 2014 was Wellington Management Group, an estimated $8.79M sold.
Based on aggregated 13F filings for Q3 2014.