Granite Point Mortgage Trust
GPMT
155 hedge funds and large institutions have $133M invested in Granite Point Mortgage Trust in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 43 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 46
8% less funds holding
Funds holding: 168 → 155 (-13)
8.58% less ownership
Funds ownership: 59.08% → 50.5% (-8.6%)
20% less capital invested
Capital invested by funds: $166M → $133M (-$32.9M)
26% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 43
83% less call options, than puts
Call options by funds: $123K | Put options by funds: $709K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$11.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.66M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.75M |
| 4 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$3.54M |
| 5 |
Jane Street
New York
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$29.4M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$7.6M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.74M |
| 4 |
State Street
Boston,
Massachusetts
|
-$5.01M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.63M |
GPMT Hedge Fund Activity: Q1 2023 in Review
155 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Granite Point Mortgage Trust (GPMT) for Q1 2023, worth a combined $133M — down 20% from $166M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of GPMT and 32 opened new positions — a net loss of 11 holders — while 46 trimmed existing stakes and 53 added.
The largest buyer was Millennium Management, adding an estimated $11.5M. The largest seller was BlackRock, cutting an estimated $29.4M.
- 155 institutional investors held Granite Point Mortgage Trust (GPMT) as of Q1 2023, down from 168 in Q4 2022.
- Funds reported $133M of Granite Point Mortgage Trust stock for Q1 2023, down 20% quarter-over-quarter.
- 32 funds opened new Granite Point Mortgage Trust positions in Q1 2023 and 43 closed out, a net change of -11 holders.
- The largest Granite Point Mortgage Trust buyer in Q1 2023 was Millennium Management, an estimated $11.5M added.
- The largest Granite Point Mortgage Trust seller in Q1 2023 was BlackRock, an estimated $29.4M sold.
Based on aggregated 13F filings for Q1 2023.