TPG Mortgage Investment Trust
MITT
105 hedge funds and large institutions have $272M invested in TPG Mortgage Investment Trust in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 40 increasing their positions, 31 reducing their positions, and 10 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 31
9% more capital invested
Capital invested by funds: $250M → $272M (+$21.7M)
0.25% more ownership
Funds ownership: 20.48% → 20.73% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 107 → 105 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$7.2M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$2.11M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.92M |
| 4 |
VanEck Associates
New York
|
+$1.36M |
| 5 |
JP Morgan Chase
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$4.26M |
| 2 |
GE
General Electric
Evendale,
Ohio
|
-$3.18M |
| 3 |
Two Sigma Investments
New York
|
-$1.75M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.41M |
| 5 |
Millennium Management
New York
|
-$975K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCP
101
Proficio Capital Partners
Newton,
Massachusetts
| $1K | +$554 | +12 | New |
|
|
NFG
102
Next Financial Group
Houston,
Texas
| $1K | +$1.34K | +29 | New |
|
|
PIA
103
Piedmont Investment Advisors
Durham,
North Carolina
| $693 | -$646 | -14 | -48% |
|
104
VOYA Investment Management
Atlanta,
Georgia
| $186 | – | – | – |
|
|
GE
105
General Electric
Evendale,
Ohio
| – | -$3.18M | -73,374 | Closed |
|
106
HighTower Advisors
Chicago,
Illinois
| – | -$936K | -21,621 | Closed |
|
107
Renaissance Technologies
New York
| – | -$796K | -18,367 | Closed |
|
|
AI
108
Analytic Investors
Los Angeles,
California
| – | -$265K | -6,124 | Closed |
|
109
First Trust Advisors
Wheaton,
Illinois
| – | -$210K | -4,855 | Closed |
|
|
PI
110
Putnam Investments
Boston,
Massachusetts
| – | -$197K | -4,536 | Closed |
|
|
VKH
111
Virtu KCG Holdings
New York
| – | -$153K | -3,527 | Closed |
|
112
Teacher Retirement System of Texas
Austin,
Texas
| – | -$57K | -1,326 | Closed |
|
|
QI
113
QS Investors
New York
| – | -$34K | -787 | Closed |
|
114
Simplex Trading
Chicago,
Illinois
| – | +$692 | +15 | New |
|
MITT Hedge Fund Activity: Q3 2016 in Review
105 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q3 2016, worth a combined $272M — up 8.7% from $250M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MITT and 8 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 40 added.
The largest buyer was UBS Group, adding an estimated $7.2M. The largest seller was Citigroup, cutting an estimated $4.26M.
- 105 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q3 2016, down from 107 in Q2 2016.
- Funds reported $272M of TPG Mortgage Investment Trust stock for Q3 2016, up 8.7% quarter-over-quarter.
- 8 funds opened new TPG Mortgage Investment Trust positions in Q3 2016 and 10 closed out, a net change of -2 holders.
- The largest TPG Mortgage Investment Trust buyer in Q3 2016 was UBS Group, an estimated $7.2M added.
- The largest TPG Mortgage Investment Trust seller in Q3 2016 was Citigroup, an estimated $4.26M sold.
Based on aggregated 13F filings for Q3 2016.