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EFC

Ellington Financial

120 hedge funds and large institutions have $434M invested in Ellington Financial in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 56 increasing their positions, 17 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,385% more call options, than puts

Call options by funds: $5.74M | Put options by funds: $231K

229% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 17

200% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 10

17% more funds holding

Funds holding: 103120 (+17)

16% more capital invested

Capital invested by funds: $373M → $434M (+$60.9M)

1.13% more ownership

Funds ownership: 61.17%62.31% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
120
Holders Change
+17
Holders Change %
+16.5%
% of All Funds
2.36%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
30
Increased
56
Reduced
17
Closed
10
Calls
$5.74M
Puts
$231K
Net Calls
+$5.51M
Net Calls Change
-$7.37M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$60M +$562K +30,740 +0.9%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$34.2M +$414K +22,650 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$31.9M +$4.62M +253,069 +17%
AFG
4
American Financial Group
Ohio
$27.6M
SOMRS
5
State of Michigan Retirement System
Michigan
$26.8M
RGREA
6
Ranger Global Real Estate Advisors
Colorado
$22.7M +$798K +43,682 +4%
CLG
7
Cooperman Leon G
$17.6M
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$17M +$5.51M +301,321 +48%
EMG
9
Ellington Management Group
Connecticut
$15.6M -$3.26M -178,306 -17%
Marshall Wace
10
Marshall Wace
United Kingdom
$14.4M +$8.52M +466,521 +147%
State Street
11
State Street
Massachusetts
$13.4M +$2.08M +113,865 +19%
N
12
Nuveen
North Carolina
$9.24M +$456K +24,929 +5%
WFI
13
West Family Investments
California
$8.98M -$29.3K -1,602 -0.3%
MOACM
14
Mutual of America Capital Management
New York
$8.62M +$183K +10,010 +2%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$7.93M +$223K +12,224 +3%
Millennium Management
16
Millennium Management
New York
$7.81M +$4.88M +266,913 +168%
Northern Trust
17
Northern Trust
Illinois
$6.87M +$285K +15,579 +4%
Grantham, Mayo, Van Otterloo & Co (GMO)
18
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$6.54M +$5.74M +314,100 +737%
CC
19
Claybrook Capital
Massachusetts
$6.49M
Renaissance Technologies
20
Renaissance Technologies
New York
$4.94M +$3.34M +182,624 +210%
CAM
21
ClariVest Asset Management
California
$3.93M -$1.16M -63,720 -23%
Charles Schwab
22
Charles Schwab
California
$3.81M +$324K +17,756 +9%
Morgan Stanley
23
Morgan Stanley
New York
$3.69M +$1.83M +99,907 +99%
Balyasny Asset Management
24
Balyasny Asset Management
Illinois
$3.63M +$3.61M +197,765 New
AllianceBernstein
25
AllianceBernstein
Tennessee
$2.96M +$2.05M +112,030 +227%

EFC Hedge Fund Activity: Q4 2019 in Review

120 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q4 2019, worth a combined $434M — up 16% from $373M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new EFC positions and 10 closed out — a net gain of 20 holders — while 56 added to existing stakes and 17 trimmed.

The largest buyer was Marshall Wace, adding an estimated $8.52M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $5.78M sold.

  • 120 institutional investors held Ellington Financial (EFC) as of Q4 2019, up from 103 in Q3 2019.
  • Funds reported $434M of Ellington Financial stock for Q4 2019, up 16% quarter-over-quarter.
  • 30 funds opened new Ellington Financial positions in Q4 2019 and 10 closed out, a net change of +20 holders.
  • The largest Ellington Financial buyer in Q4 2019 was Marshall Wace, an estimated $8.52M added.
  • The largest Ellington Financial seller in Q4 2019 was Hotchkis & Wiley Capital Management, an estimated $5.78M sold.

Based on aggregated 13F filings for Q4 2019.