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MITT

TPG Mortgage Investment Trust

120 hedge funds and large institutions have $369M invested in TPG Mortgage Investment Trust in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 28 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 28

25% more capital invested

Capital invested by funds: $295M → $369M (+$73.6M)

1.19% more ownership

Funds ownership: 21.47%22.66% (+1.2%)

10% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 21

2% less funds holding

Funds holding: 122120 (-2)

74% less call options, than puts

Call options by funds: $543K | Put options by funds: $2.06M

Holders
120
Holders Change
-2
Holders Change %
-1.64%
% of All Funds
2.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
49
Reduced
28
Closed
21
Calls
$543K
Puts
$2.06M
Net Calls
-$1.51M
Net Calls Change
-$1.51M
Name Holding Trade Value Shares
Change
Change in
Stake
SEI Investments
51
SEI Investments
Pennsylvania
$930K -$86.8K -1,658 -8%
WAM
52
Wolverine Asset Management
Illinois
$908K -$2.63M -50,190 -74%
CS
53
Credit Suisse
Switzerland
$839K -$18.6K -355 -2%
Royal Bank of Canada
54
Royal Bank of Canada
Ontario, Canada
$821K -$17.4K -333 -2%
WG
55
Winton Group
United Kingdom
$775K +$194K +3,704 +32%
California State Teachers Retirement System (CalSTRS)
56
California State Teachers Retirement System (CalSTRS)
California
$741K
Schroder Investment Management Group
57
Schroder Investment Management Group
United Kingdom
$732K +$759K +14,499 New
RhumbLine Advisers
58
RhumbLine Advisers
Massachusetts
$721K +$27.8K +531 +4%
AG
59
Aperio Group
California
$703K -$134K -2,552 -15%
WS
60
Wedbush Securities
California
$667K +$51.2K +979 +8%
AG
61
AlphaSimPlex Group
Massachusetts
$618K +$641K +12,242 New
GC
62
Guggenheim Capital
Illinois
$598K -$54.6K -1,044 -8%
Susquehanna International Group
63
Susquehanna International Group
Pennsylvania
$593K +$614K +11,736 New
CCM
64
Community Capital Management
Florida
$589K +$611K +11,667 New
Principal Financial Group
65
Principal Financial Group
Iowa
$587K -$2.72K -52 -0.4%
CCIA
66
Campbell & Co Investment Adviser
Maryland
$567K +$329K +6,289 +128%
DCM
67
Dupont Capital Management
Delaware
$559K
New York State Common Retirement Fund
68
New York State Common Retirement Fund
New York
$488K
UBS AM
69
UBS AM
Illinois
$450K +$30.3K +578 +7%
California Public Employees Retirement System
70
California Public Employees Retirement System
California
$437K -$425K -8,118 -48%
CANY
71
Caxton Associates (New York)
New York
$422K +$437K +8,352 New
T. Rowe Price Associates
72
T. Rowe Price Associates
Maryland
$421K +$1.73K +33 +0.4%
GCM
73
Gables Capital Management
Florida
$406K +$11.4K +217 +3%
VRS
74
Virginia Retirement Systems
Virginia
$370K +$384K +7,333 New
IA
75
IndexIQ Advisors
New York
$369K -$11.5K -220 -3%

MITT Hedge Fund Activity: Q1 2019 in Review

120 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q1 2019, worth a combined $369M — up 25% from $295M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of MITT and 19 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 49 added.

The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $9.29M. The largest seller was Wolverine Asset Management, cutting an estimated $2.63M.

  • 120 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q1 2019, down from 122 in Q4 2018.
  • Funds reported $369M of TPG Mortgage Investment Trust stock for Q1 2019, up 25% quarter-over-quarter.
  • 19 funds opened new TPG Mortgage Investment Trust positions in Q1 2019 and 21 closed out, a net change of -2 holders.
  • The largest TPG Mortgage Investment Trust buyer in Q1 2019 was Mirae Asset Global Investments, an estimated $9.29M added.
  • The largest TPG Mortgage Investment Trust seller in Q1 2019 was Wolverine Asset Management, an estimated $2.63M sold.

Based on aggregated 13F filings for Q1 2019.