Granite Point Mortgage Trust
GPMT
48 hedge funds and large institutions have $113M invested in Granite Point Mortgage Trust in 2017 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 7 closing their positions.
386% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 7
129% more funds holding
Funds holding: 21 → 48 (+27)
2.18% less ownership
Funds ownership: 16.12% → 13.93% (-2.2%)
14% less capital invested
Capital invested by funds: $132M → $113M (-$19M)
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.1M |
| 2 |
Goldman Sachs
New York
|
+$6.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$4.67M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.38M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.7M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$12.1M |
| 3 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$6.62M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$5.47M |
| 5 |
Millennium Management
New York
|
-$5.39M |
GPMT Hedge Fund Activity: Q3 2017 in Review
48 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Granite Point Mortgage Trust (GPMT) for Q3 2017, worth a combined $113M — down 14% from $132M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new GPMT positions and 7 closed out — a net gain of 27 holders — while 2 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $13.1M. The largest seller was Morgan Stanley, cutting an estimated $13.7M.
- 48 institutional investors held Granite Point Mortgage Trust (GPMT) as of Q3 2017, up from 21 in Q2 2017.
- Funds reported $113M of Granite Point Mortgage Trust stock for Q3 2017, down 14% quarter-over-quarter.
- 34 funds opened new Granite Point Mortgage Trust positions in Q3 2017 and 7 closed out, a net change of +27 holders.
- The largest Granite Point Mortgage Trust buyer in Q3 2017 was BlackRock, an estimated $13.1M added.
- The largest Granite Point Mortgage Trust seller in Q3 2017 was Morgan Stanley, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2017.