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MITT

TPG Mortgage Investment Trust

116 hedge funds and large institutions have $263M invested in TPG Mortgage Investment Trust in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 34

0.03% more ownership

Funds ownership: 20.25%20.28% (+0.03%)

3% less funds holding

Funds holding: 119116 (-3)

12% less capital invested

Capital invested by funds: $298M → $263M (-$34.9M)

13% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 16

75% less call options, than puts

Call options by funds: $21K | Put options by funds: $83K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
116
Holders Change
-3
Holders Change %
-2.52%
% of All Funds
3.24%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
14
Increased
40
Reduced
34
Closed
16
Calls
$21K
Puts
$83K
Net Calls
-$62K
Net Calls Change
+$205K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$2.6M -$418K -8,118 -12%
CAM
27
ClariVest Asset Management
California
$2.52M +$13.7K +266 +0.5%
Deutsche Bank
28
Deutsche Bank
Germany
$2.37M -$14.2K -275 -0.5%
CEP
29
Chicago Equity Partners
Illinois
$2.08M +$1.7M +33,088 +267%
PPA
30
Parametric Portfolio Associates
Washington
$1.91M -$260K -5,060 -11%
BIM
31
BlackRock Investment Management
Delaware
$1.76M +$16.5K +320 +0.8%
AG
32
Aperio Group
California
$1.69M -$1.28M -24,939 -40%
Royal Bank of Canada
33
Royal Bank of Canada
Ontario, Canada
$1.67M +$880K +17,091 +88%
IAM
34
ICM Asset Management
Washington
$1.61M -$538K -10,461 -23%
Charles Schwab
35
Charles Schwab
California
$1.52M +$209K +4,058 +14%
Goldman Sachs
36
Goldman Sachs
New York
$1.5M -$451K -8,763 -21%
QI
37
QS Investors
New York
$1.45M -$791K -15,367 -33%
TCIM
38
TIAA CREF Investment Management
New York
$1.4M -$96.3K -1,872 -6%
NFA
39
Nationwide Fund Advisors
Ohio
$1.28M
WS
40
Wedbush Securities
California
$1.18M +$5.66K +110 +0.4%
Invesco
41
Invesco
Georgia
$1.03M -$968K -18,818 -46%
EM
42
EnTrustPermal Management
New York
$943K +$525K +10,200 +98%
GCP
43
GSA Capital Partners
United Kingdom
$876K +$514K +9,986 +109%
GC
44
Guggenheim Capital
Illinois
$816K -$1.44M -27,908 -61%
PNC Financial Services Group
45
PNC Financial Services Group
Pennsylvania
$793K +$28.5K +553 +3%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$786K -$3.45K -67 -0.4%
VRS
47
Virginia Retirement Systems
Virginia
$758K +$27.4K +533 +3%
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$721K -$712K -13,833 -47%
RFC
49
Russell Frank Company
Washington
$665K -$636K -12,352 -46%
UBS Group
50
UBS Group
Switzerland
$644K +$520K +10,114 +253%

MITT Hedge Fund Activity: Q3 2015 in Review

116 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q3 2015, worth a combined $263M — down 12% from $298M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of MITT and 14 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 40 added.

The largest buyer was Fuller & Thaler Asset Management, adding an estimated $4.68M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $2.39M sold.

  • 116 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q3 2015, down from 119 in Q2 2015.
  • Funds reported $263M of TPG Mortgage Investment Trust stock for Q3 2015, down 12% quarter-over-quarter.
  • 14 funds opened new TPG Mortgage Investment Trust positions in Q3 2015 and 16 closed out, a net change of -2 holders.
  • The largest TPG Mortgage Investment Trust buyer in Q3 2015 was Fuller & Thaler Asset Management, an estimated $4.68M added.
  • The largest TPG Mortgage Investment Trust seller in Q3 2015 was Systematic Financial Management, an estimated $2.39M sold.

Based on aggregated 13F filings for Q3 2015.