Ellington Financial
EFC
105 hedge funds and large institutions have $390M invested in Ellington Financial in 2020 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 13 closing their positions.
966% more call options, than puts
Call options by funds: $20.2M | Put options by funds: $1.9M
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
18% more capital invested
Capital invested by funds: $330M → $390M (+$59.5M)
4% more funds holding
Funds holding: 101 → 105 (+4)
1.36% less ownership
Funds ownership: 62.54% → 61.18% (-1.4%)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.02M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.5M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$1.37M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.04M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$885K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingstown Capital Management
New York
|
-$6.13M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.25M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$1.91M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$1.64M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$1.37M |
EFC Hedge Fund Activity: Q4 2020 in Review
105 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Ellington Financial (EFC) for Q4 2020, worth a combined $390M — up 18% from $330M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new EFC positions and 13 closed out — a net gain of 5 holders — while 30 added to existing stakes and 34 trimmed.
The largest buyer was Millennium Management, adding an estimated $4.02M. The largest seller was Kingstown Capital Management, exiting entirely with an estimated $6.13M sold.
- 105 institutional investors held Ellington Financial (EFC) as of Q4 2020, up from 101 in Q3 2020.
- Funds reported $390M of Ellington Financial stock for Q4 2020, up 18% quarter-over-quarter.
- 18 funds opened new Ellington Financial positions in Q4 2020 and 13 closed out, a net change of +5 holders.
- The largest Ellington Financial buyer in Q4 2020 was Millennium Management, an estimated $4.02M added.
- The largest Ellington Financial seller in Q4 2020 was Kingstown Capital Management, an estimated $6.13M sold.
Based on aggregated 13F filings for Q4 2020.