Granite Point Mortgage Trust
GPMT
181 hedge funds and large institutions have $490M invested in Granite Point Mortgage Trust in 2018 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 43 increasing their positions, 62 reducing their positions, and 36 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $1.39M
0.53% more ownership
Funds ownership: 67.62% → 68.15% (+0.53%)
5% less capital invested
Capital invested by funds: $516M → $490M (-$26M)
5% less funds holding
Funds holding: 191 → 181 (-10)
25% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 36
31% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$10.8M |
| 2 |
Morgan Stanley
New York
|
+$7.07M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$5.05M |
| 4 |
RA
Resource America
New York
|
+$4.4M |
| 5 |
AC
Athanor Capital
New York
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$12M |
| 2 |
CA
Claar Advisors
New York
|
-$5.09M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$4.86M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$3.64M |
| 5 |
AC
AWH Capital
Dallas,
Texas
|
-$3.3M |
GPMT Hedge Fund Activity: Q1 2018 in Review
181 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Granite Point Mortgage Trust (GPMT) for Q1 2018, worth a combined $490M — down 5% from $516M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of GPMT and 27 opened new positions — a net loss of 9 holders — while 62 trimmed existing stakes and 43 added.
The largest buyer was State of Michigan Retirement System, adding an estimated $10.8M. The largest seller was Boston Partners, exiting entirely with an estimated $12M sold.
- 181 institutional investors held Granite Point Mortgage Trust (GPMT) as of Q1 2018, down from 191 in Q4 2017.
- Funds reported $490M of Granite Point Mortgage Trust stock for Q1 2018, down 5% quarter-over-quarter.
- 27 funds opened new Granite Point Mortgage Trust positions in Q1 2018 and 36 closed out, a net change of -9 holders.
- The largest Granite Point Mortgage Trust buyer in Q1 2018 was State of Michigan Retirement System, an estimated $10.8M added.
- The largest Granite Point Mortgage Trust seller in Q1 2018 was Boston Partners, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2018.