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Invesco Mortgage Capital

164 hedge funds and large institutions have $1.94B invested in Invesco Mortgage Capital in 2013 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 65 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more capital invested

Capital invested by funds: $1.07B → $1.94B (+$869M)

36% more call options, than puts

Call options by funds: $12.4M | Put options by funds: $9.06M

0.17% less ownership

Funds ownership: 5.16%5% (-0.17%)

4% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 24

3% less funds holding

Funds holding: 169164 (-5)

25% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 65

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
164
Holders Change
-5
Holders Change %
-2.96%
% of All Funds
4.76%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
23
Increased
49
Reduced
65
Closed
24
Calls
$12.4M
Puts
$9.06M
Net Calls
+$3.3M
Net Calls Change
+$2.27M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
1
BNP Paribas Financial Markets
France
$948M -$542K -3,573 -95%
TIM
2
Thornburg Investment Management
New Mexico
$156M +$215K +1,415 +0.1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$108M +$4.11M +27,083 +4%
BFA
4
BlackRock Fund Advisors
California
$98.2M -$8.92M -58,796 -8%
Wells Fargo
5
Wells Fargo
California
$57.2M +$2.38M +15,685 +4%
BIT
6
BlackRock Institutional Trust
California
$51.4M -$272K -1,793 -0.5%
Morgan Stanley
7
Morgan Stanley
New York
$47.8M -$21.7M -143,031 -31%
State Street
8
State Street
Massachusetts
$44M -$366K -2,415 -0.8%
Northern Trust
9
Northern Trust
Illinois
$40.7M -$120K -789 -0.3%
Citadel Advisors
10
Citadel Advisors
Florida
$40.1M -$11.5M -76,108 -22%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$29.9M -$836K -5,512 -3%
Deutsche Bank
12
Deutsche Bank
Germany
$26M +$13.3M +87,752 +98%
Norges Bank
13
Norges Bank
Norway
$22.6M +$6.38M +42,069 +38%
PRCM
14
Pine River Capital Management
Minnesota
$12.5M +$12.9M +85,088 New
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$12.2M +$8.81M +58,031 +232%
AAM
16
Advisors Asset Management
Colorado
$11.6M +$6.84M +45,072 +132%
CS
17
Credit Suisse
Switzerland
$11.5M +$740K +4,877 +7%
U
18
UBS
Switzerland
$11.5M -$2.11M -13,901 -15%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$9.54M +$638K +4,204 +7%
TCIM
20
TIAA CREF Investment Management
New York
$9.36M +$19.4K +128 +0.2%
First Trust Advisors
21
First Trust Advisors
Illinois
$8.25M +$1.29M +8,529 +18%
Two Sigma Investments
22
Two Sigma Investments
New York
$7.9M +$7.66M +50,466 +1,514%
MVP
23
Miller Value Partners
Florida
$7.86M -$1.33M -8,735 -14%
Invesco
24
Invesco
Georgia
$7.39M -$2.03M -13,391 -21%
GC
25
Guggenheim Capital
Illinois
$6.93M -$7.1M -46,774 -50%

IVR Hedge Fund Activity: Q4 2013 in Review

164 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco Mortgage Capital (IVR) for Q4 2013, worth a combined $1.94B — up 81% from $1.07B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of IVR and 23 opened new positions — a net loss of 1 holder — while 65 trimmed existing stakes and 49 added.

The largest buyer was Deutsche Bank, adding an estimated $13.3M. The largest seller was Morgan Stanley, cutting an estimated $21.7M.

  • 164 institutional investors held Invesco Mortgage Capital (IVR) as of Q4 2013, down from 169 in Q3 2013.
  • Funds reported $1.94B of Invesco Mortgage Capital stock for Q4 2013, up 81% quarter-over-quarter.
  • 23 funds opened new Invesco Mortgage Capital positions in Q4 2013 and 24 closed out, a net change of -1 holder.
  • The largest Invesco Mortgage Capital buyer in Q4 2013 was Deutsche Bank, an estimated $13.3M added.
  • The largest Invesco Mortgage Capital seller in Q4 2013 was Morgan Stanley, an estimated $21.7M sold.

Based on aggregated 13F filings for Q4 2013.