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EFC

Ellington Financial

89 hedge funds and large institutions have $307M invested in Ellington Financial in 2019 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 24 increasing their positions, 24 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,296% more call options, than puts

Call options by funds: $18.3M | Put options by funds: $765K

133% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 12

22% more funds holding

Funds holding: 7389 (+16)

8% more capital invested

Capital invested by funds: $284M → $307M (+$23.2M)

4.1% more ownership

Funds ownership: 53.33%57.42% (+4.1%)

0% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 24

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
89
Holders Change
+16
Holders Change %
+21.92%
% of All Funds
1.93%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
28
Increased
24
Reduced
24
Closed
12
Calls
$18.3M
Puts
$765K
Net Calls
+$17.6M
Net Calls Change
-$2.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$30.6M -$1.25M -69,100 -4%
BlackRock
2
BlackRock
New York
$29.6M +$29.7M +1,645,059 +79,127%
AFG
3
American Financial Group
Ohio
$27.1M -$1.17M -65,000 -4%
SOMRS
4
State of Michigan Retirement System
Michigan
$26.3M
Vanguard Group
5
Vanguard Group
Pennsylvania
$21.1M +$8.98M +497,822 +74%
EMG
6
Ellington Management Group
Connecticut
$18.5M
RGREA
7
Ranger Global Real Estate Advisors
Colorado
$16.7M +$2.42M +133,900 +17%
CLG
8
Cooperman Leon G
$15.5M -$5.41M -300,000 -26%
Acadian Asset Management
9
Acadian Asset Management
Massachusetts
$8.85M +$7.18M +398,068 +421%
WFI
10
West Family Investments
California
$8.83M
MOACM
11
Mutual of America Capital Management
New York
$7.95M -$153K -8,464 -2%
State Street
12
State Street
Massachusetts
$7.28M +$6.06M +335,985 +490%
Morgan Stanley
13
Morgan Stanley
New York
$7.03M +$2.08M +115,039 +42%
WAM
14
Wolverine Asset Management
Illinois
$6.38M -$3.9M -216,113 -38%
CC
15
Claybrook Capital
Massachusetts
$6.3M
Geode Capital Management
16
Geode Capital Management
Massachusetts
$5.99M +$5.75M +318,831 +2,158%
Hotchkis & Wiley Capital Management
17
Hotchkis & Wiley Capital Management
California
$5.61M -$567K -31,390 -9%
CAM
18
ClariVest Asset Management
California
$5.07M -$1.88M -104,171 -27%
Marshall Wace
19
Marshall Wace
United Kingdom
$4.87M +$1.82M +100,844 +59%
Renaissance Technologies
20
Renaissance Technologies
New York
$4.11M +$4.13M +228,900 New
JP Morgan Chase
21
JP Morgan Chase
New York
$3.21M +$875K +48,480 +36%
Charles Schwab
22
Charles Schwab
California
$2.79M +$2.8M +155,133 New
N
23
Nuveen
North Carolina
$2.61M +$2.62M +145,435 New
Deutsche Bank
24
Deutsche Bank
Germany
$2.39M +$2.01M +111,136 +505%
Ameriprise
25
Ameriprise
Minnesota
$2.28M +$805K +44,590 +54%

EFC Hedge Fund Activity: Q2 2019 in Review

89 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q2 2019, worth a combined $307M — up 8.2% from $284M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new EFC positions and 12 closed out — a net gain of 16 holders — while 24 added to existing stakes and 24 trimmed.

The largest buyer was BlackRock, adding an estimated $29.7M. The largest seller was Wellington Management Group, exiting entirely with an estimated $18.5M sold.

  • 89 institutional investors held Ellington Financial (EFC) as of Q2 2019, up from 73 in Q1 2019.
  • Funds reported $307M of Ellington Financial stock for Q2 2019, up 8.2% quarter-over-quarter.
  • 28 funds opened new Ellington Financial positions in Q2 2019 and 12 closed out, a net change of +16 holders.
  • The largest Ellington Financial buyer in Q2 2019 was BlackRock, an estimated $29.7M added.
  • The largest Ellington Financial seller in Q2 2019 was Wellington Management Group, an estimated $18.5M sold.

Based on aggregated 13F filings for Q2 2019.