Granite Point Mortgage Trust
GPMT
200 hedge funds and large institutions have $758M invested in Granite Point Mortgage Trust in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 77 increasing their positions, 52 reducing their positions, and 17 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 52
3% less capital invested
Capital invested by funds: $780M → $758M (-$21.6M)
1.92% less ownership
Funds ownership: 75.72% → 73.8% (-1.9%)
2% less funds holding
Funds holding: 204 → 200 (-4)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
98% less call options, than puts
Call options by funds: $138K | Put options by funds: $5.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$8.94M |
| 2 |
BlackRock
New York
|
+$7.47M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$5.33M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
+$5.17M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$9.83M |
| 2 |
RGREA
Ranger Global Real Estate Advisors
Denver,
Colorado
|
-$5.41M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$5.37M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$4.73M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.55M |
GPMT Hedge Fund Activity: Q3 2019 in Review
200 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Granite Point Mortgage Trust (GPMT) for Q3 2019, worth a combined $758M — down 2.8% from $780M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GPMT and 13 opened new positions — a net loss of 4 holders — while 52 trimmed existing stakes and 77 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $8.94M. The largest seller was Clough Capital Partners, exiting entirely with an estimated $9.83M sold.
- 200 institutional investors held Granite Point Mortgage Trust (GPMT) as of Q3 2019, down from 204 in Q2 2019.
- Funds reported $758M of Granite Point Mortgage Trust stock for Q3 2019, down 2.8% quarter-over-quarter.
- 13 funds opened new Granite Point Mortgage Trust positions in Q3 2019 and 17 closed out, a net change of -4 holders.
- The largest Granite Point Mortgage Trust buyer in Q3 2019 was Mirae Asset Global Investments, an estimated $8.94M added.
- The largest Granite Point Mortgage Trust seller in Q3 2019 was Clough Capital Partners, an estimated $9.83M sold.
Based on aggregated 13F filings for Q3 2019.