TPG Mortgage Investment Trust
MITT
103 hedge funds and large institutions have $52.2M invested in TPG Mortgage Investment Trust in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 25 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 28
1.15% less ownership
Funds ownership: 20.54% → 19.39% (-1.2%)
10% less funds holding
Funds holding: 114 → 103 (-11)
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
83% less capital invested
Capital invested by funds: $312M → $52.2M (-$259M)
90% less call options, than puts
Call options by funds: $102K | Put options by funds: $1.06M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$9.28M |
| 2 |
D.E. Shaw & Co
New York
|
+$3.15M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$2.79M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.56M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$11.5M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$8.05M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$3.85M |
| 4 |
Millennium Management
New York
|
-$2.97M |
| 5 |
JP Morgan Chase
New York
|
-$2.74M |
MITT Hedge Fund Activity: Q1 2020 in Review
103 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q1 2020, worth a combined $52.2M — down 83% from $312M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MITT and 15 opened new positions — a net loss of 10 holders — while 28 trimmed existing stakes and 43 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $9.28M. The largest seller was UBS Group, cutting an estimated $11.5M.
- 103 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q1 2020, down from 114 in Q4 2019.
- Funds reported $52.2M of TPG Mortgage Investment Trust stock for Q1 2020, down 83% quarter-over-quarter.
- 15 funds opened new TPG Mortgage Investment Trust positions in Q1 2020 and 25 closed out, a net change of -10 holders.
- The largest TPG Mortgage Investment Trust buyer in Q1 2020 was Mirae Asset Global Investments, an estimated $9.28M added.
- The largest TPG Mortgage Investment Trust seller in Q1 2020 was UBS Group, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2020.