TPG Mortgage Investment Trust
MITT
111 hedge funds and large institutions have $327M invested in TPG Mortgage Investment Trust in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 19 closing their positions.
167% more call options, than puts
Call options by funds: $483K | Put options by funds: $181K
6% more capital invested
Capital invested by funds: $308M → $327M (+$19.7M)
0.21% more ownership
Funds ownership: 21.6% → 21.81% (+0.21%)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
5% less funds holding
Funds holding: 117 → 111 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$47.2M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.14M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.02M |
| 5 |
Citigroup
New York
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$3.6M |
| 2 |
Renaissance Technologies
New York
|
-$2.47M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.17M |
| 4 |
EM
EnTrustPermal Management
New York
|
-$1.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
126
Penserra Capital Management
Orinda,
California
| – | -$9K | -180 | Closed |
|
|
NFG
127
Next Financial Group
Houston,
Texas
| – | -$1K | -29 | Closed |
|
|
PIA
128
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$752 | -15 | Closed |
|
129
AssetMark Inc
Concord,
California
| – | +$211 | +4 | New |
|
MITT Hedge Fund Activity: Q1 2017 in Review
111 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q1 2017, worth a combined $327M — up 6.4% from $308M a quarter earlier.
Fund positioning in MITT was balanced in Q1 2017: 19 funds opened new positions, 19 closed out, 31 added to existing stakes and 33 trimmed.
The largest buyer was BlackRock, adding an estimated $47.2M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $3.6M.
- 111 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q1 2017, down from 117 in Q4 2016.
- Funds reported $327M of TPG Mortgage Investment Trust stock for Q1 2017, up 6.4% quarter-over-quarter.
- 19 funds opened new TPG Mortgage Investment Trust positions in Q1 2017 and 19 closed out, a net change of 0 holders.
- The largest TPG Mortgage Investment Trust buyer in Q1 2017 was BlackRock, an estimated $47.2M added.
- The largest TPG Mortgage Investment Trust seller in Q1 2017 was Fuller & Thaler Asset Management, an estimated $3.6M sold.
Based on aggregated 13F filings for Q1 2017.