TPG Mortgage Investment Trust
MITT
44 hedge funds and large institutions have $57.7M invested in TPG Mortgage Investment Trust in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 23 reducing their positions, and 22 closing their positions.
20.23% more ownership
Funds ownership: 11.29% → 31.52% (+20%)
14% less capital invested
Capital invested by funds: $67.2M → $57.7M (-$9.47M)
27% less funds holding
Funds holding: 60 → 44 (-16)
43% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 23
54% less call options, than puts
Call options by funds: $12M | Put options by funds: $25.8M
73% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$4.94M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.41M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.43M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.01M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Angelo Gordon & Co
New York
|
-$3.1M |
| 2 |
Renaissance Technologies
New York
|
-$1.79M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.78M |
| 4 |
Millennium Management
New York
|
-$1.36M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$905K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
51
Pinz Capital Management
New York
| – | -$116K | -9,067 | Closed |
|
|
BRWA
52
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$110K | -8,521 | Closed |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$101K | -7,905 | Closed |
|
54
Stifel Financial
St. Louis,
Missouri
| – | -$94K | -7,345 | Closed |
|
|
JF
55
Jump Financial
Chicago,
Illinois
| – | -$73K | -5,719 | Closed |
|
56
Charles Schwab
San Francisco,
California
| – | -$62K | -4,795 | Closed |
|
|
VF
57
Virtu Financial
New York
| – | -$61K | -4,742 | Closed |
|
|
WS
58
Wedbush Securities
Los Angeles,
California
| – | -$56K | -4,371 | Closed |
|
|
HWA
59
HCR Wealth Advisors
Los Angeles,
California
| – | -$43K | -3,333 | Closed |
|
|
CG
60
Cutler Group
San Francisco,
California
| – | -$23K | -2,098 | Closed |
|
61
First Manhattan
New York
| – | -$18K | -1,467 | Closed |
|
|
QT
62
Quantbot Technologies
New York
| – | -$7K | -567 | Closed |
|
63
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -200 | Closed |
|
64
Citigroup
New York
| – | -$1K | -94 | Closed |
|
|
BBL
65
Beck Bode LLC
Dedham,
Massachusetts
| – | -$1K | -67 | Closed |
|
MITT Hedge Fund Activity: Q3 2021 in Review
44 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q3 2021, worth a combined $57.7M — down 14% from $67.2M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of MITT and 6 opened new positions — a net loss of 16 holders — while 23 trimmed existing stakes and 13 added.
The largest buyer was Beach Point Capital Management, adding an estimated $4.94M. The largest seller was Angelo Gordon & Co, cutting an estimated $3.1M.
- 44 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q3 2021, down from 60 in Q2 2021.
- Funds reported $57.7M of TPG Mortgage Investment Trust stock for Q3 2021, down 14% quarter-over-quarter.
- 6 funds opened new TPG Mortgage Investment Trust positions in Q3 2021 and 22 closed out, a net change of -16 holders.
- The largest TPG Mortgage Investment Trust buyer in Q3 2021 was Beach Point Capital Management, an estimated $4.94M added.
- The largest TPG Mortgage Investment Trust seller in Q3 2021 was Angelo Gordon & Co, an estimated $3.1M sold.
Based on aggregated 13F filings for Q3 2021.