TPG Mortgage Investment Trust
MITT
58 hedge funds and large institutions have $25.9M invested in TPG Mortgage Investment Trust in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
24% more call options, than puts
Call options by funds: $3.71M | Put options by funds: $2.98M
18% more funds holding
Funds holding: 49 → 58 (+9)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
4.95% less ownership
Funds ownership: 28.02% → 23.08% (-4.9%)
25% less capital invested
Capital invested by funds: $34.7M → $25.9M (-$8.82M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$862K |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$711K |
| 3 |
AA
AlphaCentric Advisors
San Juan,
Puerto Rico
|
+$660K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$590K |
| 5 |
Two Sigma Investments
New York
|
+$534K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$11.1M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$493K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$382K |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$358K |
| 5 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$41.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCM
51
Gables Capital Management
Miami,
Florida
| $4.71K | – | – | – |
|
52
Fidelity Investments
Boston,
Massachusetts
| $4.62K | -$2.14K | -338 | -29% |
|
|
GRP
53
Global Retirement Partners
San Rafael,
California
| $3.42K | – | – | – |
|
|
CPG
54
Cornerstone Planning Group
Fairfield,
New Jersey
| $2.71K | +$82 | +13 | +3% |
|
55
RhumbLine Advisers
Boston,
Massachusetts
| $2.21K | – | – | – |
|
|
GWM
56
Geneos Wealth Management
Englewood,
Colorado
| $2.03K | – | – | – |
|
57
JP Morgan Chase
New York
| $139 | -$7.12K | -1,123 | -98% |
|
|
58
Balyasny Asset Management
Chicago,
Illinois
| – | -$358K | -58,520 | Closed |
|
|
CG
59
Cutler Group
San Francisco,
California
| – | -$9K | -1,476 | Closed |
|
|
CAL
60
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$2K | -333 | Closed |
|
MITT Hedge Fund Activity: Q3 2023 in Review
58 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q3 2023, worth a combined $25.9M — down 25% from $34.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MITT positions and 3 closed out — a net gain of 9 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $862K. The largest seller was Beach Point Capital Management, cutting an estimated $11.1M.
- 58 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q3 2023, up from 49 in Q2 2023.
- Funds reported $25.9M of TPG Mortgage Investment Trust stock for Q3 2023, down 25% quarter-over-quarter.
- 12 funds opened new TPG Mortgage Investment Trust positions in Q3 2023 and 3 closed out, a net change of +9 holders.
- The largest TPG Mortgage Investment Trust buyer in Q3 2023 was Millennium Management, an estimated $862K added.
- The largest TPG Mortgage Investment Trust seller in Q3 2023 was Beach Point Capital Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2023.