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MITT

TPG Mortgage Investment Trust

114 hedge funds and large institutions have $224M invested in TPG Mortgage Investment Trust in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 44 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.25% more ownership

Funds ownership: 20.28%20.53% (+0.25%)

8% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 12

2% less funds holding

Funds holding: 116114 (-2)

15% less capital invested

Capital invested by funds: $263M → $224M (-$38.3M)

27% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 44

54% less call options, than puts

Call options by funds: $81K | Put options by funds: $176K

Holders
114
Holders Change
-2
Holders Change %
-1.72%
% of All Funds
2.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
32
Reduced
44
Closed
12
Calls
$81K
Puts
$176K
Net Calls
-$95K
Net Calls Change
-$33K
Name Holding Trade Value Shares
Change
Change in
Stake
CHA
26
Cedar Hill Associates
Illinois
$2.35M -$533K -12,133 -17%
Ameriprise
27
Ameriprise
Minnesota
$1.95M -$2.42M -55,133 -52%
EM
28
EnTrustPermal Management
New York
$1.89M +$1.25M +28,434 +138%
Two Sigma Advisers
29
Two Sigma Advisers
New York
$1.62M +$1.41M +32,133 +323%
CAM
30
ClariVest Asset Management
California
$1.61M -$581K -13,218 -24%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$1.6M +$221K +5,023 +14%
PPA
32
Parametric Portfolio Associates
Washington
$1.58M -$33.2K -757 -2%
BIM
33
BlackRock Investment Management
Delaware
$1.49M +$3.25K +74 +0.2%
Bank of New York Mellon
34
Bank of New York Mellon
New York
$1.4M -$908K -20,678 -36%
Charles Schwab
35
Charles Schwab
California
$1.33M +$50K +1,139 +3%
TCIM
36
TIAA CREF Investment Management
New York
$1.15M -$33.7K -768 -3%
Goldman Sachs
37
Goldman Sachs
New York
$1.13M -$154K -3,514 -11%
Deutsche Bank
38
Deutsche Bank
Germany
$1.12M -$1,000K -22,762 -44%
WS
39
Wedbush Securities
California
$997K +$3.25K +74 +0.3%
Los Angeles Capital Management
40
Los Angeles Capital Management
California
$848K +$370K +8,426 +62%
CS
41
Credit Suisse
Switzerland
$782K +$364K +8,284 +69%
AG
42
Aperio Group
California
$728K -$791K -18,021 -49%
CPS
43
Counsel Portfolio Services
Ontario, Canada
$689K +$542K +12,333 +222%
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$679K +$9.88K +225 +1%
California State Teachers Retirement System (CalSTRS)
45
California State Teachers Retirement System (CalSTRS)
California
$676K +$14.4K +329 +2%
RFC
46
Russell Frank Company
Washington
$647K +$88.5K +2,014 +14%
Wellington Management Group
47
Wellington Management Group
Massachusetts
$625K +$373K +8,495 +110%
GC
48
Guggenheim Capital
Illinois
$613K -$84.9K -1,934 -11%
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$598K -$11.7K -267 -2%
KAM
50
Kazazian Asset Management
Florida
$575K +$655K +14,924 New

MITT Hedge Fund Activity: Q4 2015 in Review

114 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q4 2015, worth a combined $224M — down 15% from $263M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of MITT and 11 opened new positions — a net loss of 1 holder — while 44 trimmed existing stakes and 32 added.

The largest buyer was Invesco, adding an estimated $10.6M. The largest seller was Acadian Asset Management, cutting an estimated $5.39M.

  • 114 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q4 2015, down from 116 in Q3 2015.
  • Funds reported $224M of TPG Mortgage Investment Trust stock for Q4 2015, down 15% quarter-over-quarter.
  • 11 funds opened new TPG Mortgage Investment Trust positions in Q4 2015 and 12 closed out, a net change of -1 holder.
  • The largest TPG Mortgage Investment Trust buyer in Q4 2015 was Invesco, an estimated $10.6M added.
  • The largest TPG Mortgage Investment Trust seller in Q4 2015 was Acadian Asset Management, an estimated $5.39M sold.

Based on aggregated 13F filings for Q4 2015.