Granite Point Mortgage Trust
GPMT
179 hedge funds and large institutions have $620M invested in Granite Point Mortgage Trust in 2018 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 56 increasing their positions, 42 reducing their positions, and 29 closing their positions.
209,767% more call options, than puts
Call options by funds: $6.3M | Put options by funds: $3K
33% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 42
18% more capital invested
Capital invested by funds: $525M → $620M (+$94.6M)
17% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 29
8.16% more ownership
Funds ownership: 65.85% → 74.01% (+8.2%)
3% more funds holding
Funds holding: 174 → 179 (+5)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$68M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$17.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.77M |
| 4 |
State Street
Boston,
Massachusetts
|
+$6.83M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$24.3M |
| 2 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$12.5M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.31M |
| 4 |
JP Morgan Chase
New York
|
-$5.45M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$4.95M |
GPMT Hedge Fund Activity: Q3 2018 in Review
179 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Granite Point Mortgage Trust (GPMT) for Q3 2018, worth a combined $620M — up 18% from $525M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new GPMT positions and 29 closed out — a net gain of 5 holders — while 56 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $68M. The largest seller was Goldman Sachs, cutting an estimated $24.3M.
- 179 institutional investors held Granite Point Mortgage Trust (GPMT) as of Q3 2018, up from 174 in Q2 2018.
- Funds reported $620M of Granite Point Mortgage Trust stock for Q3 2018, up 18% quarter-over-quarter.
- 34 funds opened new Granite Point Mortgage Trust positions in Q3 2018 and 29 closed out, a net change of +5 holders.
- The largest Granite Point Mortgage Trust buyer in Q3 2018 was BlackRock, an estimated $68M added.
- The largest Granite Point Mortgage Trust seller in Q3 2018 was Goldman Sachs, an estimated $24.3M sold.
Based on aggregated 13F filings for Q3 2018.