Ellington Financial
101 hedge funds and large institutions have $330M invested in Ellington Financial in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 11 closing their positions.
1,956% more call options, than puts
Call options by funds: $17.4M | Put options by funds: $844K
3% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 32
0% more funds holding
Funds holding: 101 → 101 (0)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
1% less capital invested
Capital invested by funds: $334M → $330M (-$4.2M)
1.63% less ownership
Funds ownership: 64.17% → 62.54% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.69M |
| 2 |
Renaissance Technologies
New York
|
+$1.65M |
| 3 |
BlackRock
New York
|
+$1.57M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.35M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$989K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingstown Capital Management
New York
|
-$9.16M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$5.02M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.51M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.24M |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
101
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$423K | -35,944 | Closed |
|
102
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$359K | -30,487 | Closed |
|
|
ECM
103
ExodusPoint Capital Management
New York
| – | -$126K | -10,681 | Closed |
|
|
PHK
104
Point72 Hong Kong
Hong Kong
| – | -$94K | -7,965 | Closed |
|
105
Acadian Asset Management
Boston,
Massachusetts
| – | -$61K | -5,207 | Closed |
|
|
MAM
106
Meeder Asset Management
Dublin,
Ohio
| – | -$25K | -2,084 | Closed |
|
|
CAN
107
Cetera Advisor Networks
El Segundo,
California
| – | -$24K | -2,000 | Closed |
|
|
VFA
108
Valeo Financial Advisors
Carmel,
Indiana
| – | -$9K | -744 | Closed |
|
|
JPLA
109
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$8K | -715 | Closed |
|
|
TFS
110
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$3K | -240 | Closed |
|
|
AWM
111
Adams Wealth Management
Logan,
Utah
| – | +$305 | +25 | New |
|
|
PFWA
112
Paces Ferry Wealth Advisors
Atlanta,
Georgia
| – | +$330 | +27 | New |
|
EFC Hedge Fund Activity: Q3 2020 in Review
101 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q3 2020, worth a combined $330M — down 1.3% from $334M a quarter earlier.
Fund positioning in EFC was balanced in Q3 2020: 11 funds opened new positions, 11 closed out, 33 added to existing stakes and 32 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $6.69M. The largest seller was Kingstown Capital Management, cutting an estimated $9.16M.
- 101 institutional investors held Ellington Financial (EFC) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $330M of Ellington Financial stock for Q3 2020, down 1.3% quarter-over-quarter.
- 11 funds opened new Ellington Financial positions in Q3 2020 and 11 closed out, a net change of 0 holders.
- The largest Ellington Financial buyer in Q3 2020 was Wellington Management Group, an estimated $6.69M added.
- The largest Ellington Financial seller in Q3 2020 was Kingstown Capital Management, an estimated $9.16M sold.
Based on aggregated 13F filings for Q3 2020.