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EFC

Ellington Financial

101 hedge funds and large institutions have $334M invested in Ellington Financial in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 32 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,312% more call options, than puts

Call options by funds: $15.7M | Put options by funds: $649K

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

125% more capital invested

Capital invested by funds: $148M → $334M (+$186M)

19% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 32

5.25% more ownership

Funds ownership: 58.92%64.17% (+5.2%)

11% less funds holding

Funds holding: 114101 (-13)

38% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 32

Holders
101
Holders Change
-13
Holders Change %
-11.4%
% of All Funds
2.07%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.08%
New
20
Increased
38
Reduced
32
Closed
32
Calls
$15.7M
Puts
$649K
Net Calls
+$15M
Net Calls Change
+$11.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$48M +$788K +77,593 +2%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$36.6M +$31.5M +3,105,283 New
Vanguard Group
3
Vanguard Group
Pennsylvania
$24.7M +$1.99M +195,911 +10%
RGREA
4
Ranger Global Real Estate Advisors
Colorado
$24.5M +$2.31M +227,964 +12%
AFG
5
American Financial Group
Ohio
$22.5M
Fidelity Investments
6
Fidelity Investments
Massachusetts
$20.1M -$40.6K -3,998 -0.2%
SOMRS
7
State of Michigan Retirement System
Michigan
$17.2M
KCM
8
Kingstown Capital Management
New York
$14.7M +$12.7M +1,250,000 New
State Street
9
State Street
Massachusetts
$14M +$237K +23,384 +2%
EMG
10
Ellington Management Group
Connecticut
$10M
WFI
11
West Family Investments
California
$8.98M -$1.02M -100,328 -17%
CLG
12
Cooperman Leon G
$8.95M -$2.03M -200,000 -21%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$6.88M +$231K +22,747 +4%
Grantham, Mayo, Van Otterloo & Co (GMO)
14
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$6.42M -$1.64M -161,600 -23%
Northern Trust
15
Northern Trust
Illinois
$5.73M +$241K +23,738 +5%
Millennium Management
16
Millennium Management
New York
$5.54M -$4.99M -491,646 -51%
MOACM
17
Mutual of America Capital Management
New York
$5.49M -$39.5K -3,896 -0.8%
N
18
Nuveen
North Carolina
$3.73M -$824K -81,217 -20%
WAM
19
Wolverine Asset Management
Illinois
$3.41M -$713K -70,244 -20%
Charles Schwab
20
Charles Schwab
California
$3.2M +$219K +21,599 +9%
VanEck Associates
21
VanEck Associates
New York
$2.84M +$2.44M +240,710 New
CS
22
Credit Suisse
Switzerland
$2.56M +$1.62M +159,796 +277%
WG
23
Winton Group
United Kingdom
$2.48M +$2.14M +210,351 New
AllianceBernstein
24
AllianceBernstein
Tennessee
$2.33M -$120K -11,800 -6%
CL
25
CSS LLC
Illinois
$2.27M +$1.95M +192,404 New

EFC Hedge Fund Activity: Q2 2020 in Review

101 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q2 2020, worth a combined $334M — up 125% from $148M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of EFC and 20 opened new positions — a net loss of 12 holders — while 32 trimmed existing stakes and 38 added.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $31.5M. The largest seller was Acadian Asset Management, cutting an estimated $5.54M.

  • 101 institutional investors held Ellington Financial (EFC) as of Q2 2020, down from 114 in Q1 2020.
  • Funds reported $334M of Ellington Financial stock for Q2 2020, up 125% quarter-over-quarter.
  • 20 funds opened new Ellington Financial positions in Q2 2020 and 32 closed out, a net change of -12 holders.
  • The largest Ellington Financial buyer in Q2 2020 was Wellington Management Group, an estimated $31.5M added.
  • The largest Ellington Financial seller in Q2 2020 was Acadian Asset Management, an estimated $5.54M sold.

Based on aggregated 13F filings for Q2 2020.