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EFC

Ellington Financial

73 hedge funds and large institutions have $284M invested in Ellington Financial in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,970% more call options, than puts

Call options by funds: $21.5M | Put options by funds: $1.04M

650% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 4

52% more funds holding

Funds holding: 4873 (+25)

26% more capital invested

Capital invested by funds: $226M → $284M (+$58M)

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

4.25% more ownership

Funds ownership: 49.08%53.33% (+4.2%)

18% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 17

Holders
73
Holders Change
+25
Holders Change %
+52.08%
% of All Funds
1.58%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.11%
New
30
Increased
14
Reduced
17
Closed
4
Calls
$21.5M
Puts
$1.04M
Net Calls
+$20.5M
Net Calls Change
+$20.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$31.8M -$78.9K -4,701 -0.3%
AFG
2
American Financial Group
Ohio
$28.1M -$5.12M -305,385 -16%
SOMRS
3
State of Michigan Retirement System
Michigan
$26.2M
CLG
4
Cooperman Leon G
$20.8M +$19.5M +1,160,000 New
Wellington Management Group
5
Wellington Management Group
Massachusetts
$18.5M -$4.88M -290,796 -22%
EMG
6
Ellington Management Group
Connecticut
$18.4M
AC
7
Almitas Capital
California
$16.8M -$124K -7,399 -0.8%
RGREA
8
Ranger Global Real Estate Advisors
Colorado
$14.3M +$4.24M +252,972 +46%
Vanguard Group
9
Vanguard Group
Pennsylvania
$12.1M +$11.3M +676,050 New
WAM
10
Wolverine Asset Management
Illinois
$10.2M +$9.58M +570,981 New
WFI
11
West Family Investments
California
$8.8M
MOACM
12
Mutual of America Capital Management
New York
$8.07M -$17.6K -1,049 -0.2%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$6.99M +$6.55M +390,197 New
CAM
14
ClariVest Asset Management
California
$6.92M +$6.48M +386,234 New
CC
15
Claybrook Capital
Massachusetts
$6.28M +$5.88M +350,589 New
Hotchkis & Wiley Capital Management
16
Hotchkis & Wiley Capital Management
California
$6.15M +$1.25M +74,520 +28%
Morgan Stanley
17
Morgan Stanley
New York
$4.95M -$15M -892,444 -76%
SCM
18
Shoals Capital Management
Virginia
$4.92M +$4.61M +275,000 New
Marshall Wace
19
Marshall Wace
United Kingdom
$3.04M +$2.85M +170,139 New
Millennium Management
20
Millennium Management
New York
$2.42M +$2.27M +135,334 New
JP Morgan Chase
21
JP Morgan Chase
New York
$2.38M +$795K +47,348 +55%
Nordea Investment Management
22
Nordea Investment Management
Sweden
$1.83M +$1.71M +102,198 +145,997%
Acadian Asset Management
23
Acadian Asset Management
Massachusetts
$1.69M +$1.49M +89,077 +1,657%
USAA
24
United Services Automobile Association
Texas
$1.6M +$1.5M +89,678 New
Citigroup
25
Citigroup
New York
$1.5M -$13.4M -797,993 -90%

EFC Hedge Fund Activity: Q1 2019 in Review

73 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q1 2019, worth a combined $284M — up 26% from $226M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new EFC positions and 4 closed out — a net gain of 26 holders — while 14 added to existing stakes and 17 trimmed.

The largest buyer was Vanguard Group, opening a new position worth an estimated $11.3M. The largest seller was BBR Partners, exiting entirely with an estimated $26.2M sold.

  • 73 institutional investors held Ellington Financial (EFC) as of Q1 2019, up from 48 in Q4 2018.
  • Funds reported $284M of Ellington Financial stock for Q1 2019, up 26% quarter-over-quarter.
  • 30 funds opened new Ellington Financial positions in Q1 2019 and 4 closed out, a net change of +26 holders.
  • The largest Ellington Financial buyer in Q1 2019 was Vanguard Group, an estimated $11.3M added.
  • The largest Ellington Financial seller in Q1 2019 was BBR Partners, an estimated $26.2M sold.

Based on aggregated 13F filings for Q1 2019.