Ellington Financial
114 hedge funds and large institutions have $148M invested in Ellington Financial in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 47 increasing their positions, 31 reducing their positions, and 26 closing their positions.
1,542% more call options, than puts
Call options by funds: $3.56M | Put options by funds: $217K
52% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 31
3.38% less ownership
Funds ownership: 62.31% → 58.92% (-3.4%)
5% less funds holding
Funds holding: 120 → 114 (-6)
15% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 26
66% less capital invested
Capital invested by funds: $434M → $148M (-$286M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.2M |
| 2 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
+$9.6M |
| 3 |
Millennium Management
New York
|
+$8.34M |
| 4 |
State Street
Boston,
Massachusetts
|
+$6.7M |
| 5 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$6.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$14.4M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.88M |
| 3 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$5.29M |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$3.93M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$2.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Squarepoint
New York
| – | -$325K | -17,734 | Closed |
|
|
BAM
127
Belpointe Asset Management
Reno,
Nevada
| – | -$282K | -15,405 | Closed |
|
|
TI
128
Trexquant Investment
Stamford,
Connecticut
| – | -$251K | -13,717 | Closed |
|
129
Prudential Financial
Newark,
New Jersey
| – | -$192K | -10,473 | Closed |
|
|
FC
130
FORA Capital
Miami,
Florida
| – | -$127K | -6,939 | Closed |
|
|
SIC
131
Samalin Investment Counsel
Chappaqua,
New York
| – | -$37K | -2,050 | Closed |
|
|
RE
132
RBC Europe
London,
United Kingdom
| – | -$12.8K | -700 | Closed |
|
|
DWA
133
Dorsey Wright & Associates
Pasadena,
California
| – | -$11K | -597 | Closed |
|
|
MSFP
134
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
| – | -$5K | -300 | Closed |
|
|
OPS
135
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$2K | -115 | Closed |
|
|
AIC
136
Ameritas Investment Company
Lincoln,
Nebraska
| – | +$794 | +51 | New |
|
|
BCA
137
Berman Capital Advisors
Atlanta,
Georgia
| – | +$1.54K | +99 | New |
|
EFC Hedge Fund Activity: Q1 2020 in Review
114 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q1 2020, worth a combined $148M — down 66% from $434M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of EFC and 22 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 47 added.
The largest buyer was BlackRock, adding an estimated $11.2M. The largest seller was Marshall Wace, exiting entirely with an estimated $14.4M sold.
- 114 institutional investors held Ellington Financial (EFC) as of Q1 2020, down from 120 in Q4 2019.
- Funds reported $148M of Ellington Financial stock for Q1 2020, down 66% quarter-over-quarter.
- 22 funds opened new Ellington Financial positions in Q1 2020 and 26 closed out, a net change of -4 holders.
- The largest Ellington Financial buyer in Q1 2020 was BlackRock, an estimated $11.2M added.
- The largest Ellington Financial seller in Q1 2020 was Marshall Wace, an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2020.