TPG Mortgage Investment Trust
MITT
75 hedge funds and large institutions have $61.3M invested in TPG Mortgage Investment Trust in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 12 closing their positions.
92% more capital invested
Capital invested by funds: $31.9M → $61.3M (+$29.4M)
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
12% more funds holding
Funds holding: 67 → 75 (+8)
3.47% more ownership
Funds ownership: 8.85% → 12.32% (+3.5%)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
62% less call options, than puts
Call options by funds: $7.31M | Put options by funds: $19.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$10.7M |
| 2 |
Millennium Management
New York
|
+$2.18M |
| 3 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$2.02M |
| 4 |
BlackRock
New York
|
+$1.18M |
| 5 |
Two Sigma Investments
New York
|
+$963K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$553K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$522K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$522K |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$409K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$400K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
76
Wolverine Asset Management
Chicago,
Illinois
| – | -$159K | -17,977 | Closed |
|
77
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$155K | -17,511 | Closed |
|
78
Capstone Investment Advisors
New York
| – | -$108K | -12,244 | Closed |
|
|
EGM
79
Engineers Gate Manager
New York
| – | -$42K | -4,733 | Closed |
|
|
AG
80
Algert Global
San Francisco,
California
| – | -$40K | -4,507 | Closed |
|
81
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$8K | -933 | Closed |
|
82
JP Morgan Chase
New York
| – | -$8.02K | -706 | -99% |
|
|
PWPS
83
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$3K | -397 | Closed |
|
84
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -234 | Closed |
|
|
SWM
85
Selective Wealth Management
Forest,
Virginia
| – | -$1K | -78 | Closed |
|
86
Rockefeller Capital Management
New York
| – | -$784 | -69 | -60% |
|
|
CFA
87
Carroll Financial Associates
Charlotte,
North Carolina
| – | +$761 | +67 | New |
|
MITT Hedge Fund Activity: Q1 2021 in Review
75 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q1 2021, worth a combined $61.3M — up 92% from $31.9M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MITT positions and 12 closed out — a net gain of 8 holders — while 19 added to existing stakes and 24 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $10.7M. The largest seller was D.E. Shaw & Co, cutting an estimated $553K.
- 75 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q1 2021, up from 67 in Q4 2020.
- Funds reported $61.3M of TPG Mortgage Investment Trust stock for Q1 2021, up 92% quarter-over-quarter.
- 20 funds opened new TPG Mortgage Investment Trust positions in Q1 2021 and 12 closed out, a net change of +8 holders.
- The largest TPG Mortgage Investment Trust buyer in Q1 2021 was EJF Capital, an estimated $10.7M added.
- The largest TPG Mortgage Investment Trust seller in Q1 2021 was D.E. Shaw & Co, an estimated $553K sold.
Based on aggregated 13F filings for Q1 2021.