TPG Mortgage Investment Trust
MITT
122 hedge funds and large institutions have $295M invested in TPG Mortgage Investment Trust in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 32 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
47% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 32
4% more funds holding
Funds holding: 117 → 122 (+5)
0.27% less ownership
Funds ownership: 21.74% → 21.47% (-0.27%)
1% less call options, than puts
Call options by funds: $209K | Put options by funds: $211K
12% less capital invested
Capital invested by funds: $335M → $295M (-$39.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$2.3M |
| 2 |
BlackRock
New York
|
+$1.8M |
| 3 |
Morgan Stanley
New York
|
+$1.78M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.43M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.21M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$3.49M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.15M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.31M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$190K | -3,476 | Closed |
|
|
AIM
127
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$162K | -2,973 | Closed |
|
128
DZ Bank
Frankfurt Am Main,
Germany
| – | -$123K | -2,269 | Closed |
|
129
Schroder Investment Management Group
London,
United Kingdom
| – | -$31K | -567 | Closed |
|
130
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$13K | -233 | Closed |
|
|
APA
131
American Portfolios Advisors
Holbrook,
New York
| – | -$12.1K | -222 | Closed |
|
132
Simplex Trading
Chicago,
Illinois
| – | -$8.13K | -155 | Closed |
|
|
PWMG
133
Prestige Wealth Management Group
Flemington,
New Jersey
| – | +$157 | +3 | New |
|
MITT Hedge Fund Activity: Q4 2018 in Review
122 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q4 2018, worth a combined $295M — down 12% from $335M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MITT positions and 11 closed out — a net gain of 6 holders — while 47 added to existing stakes and 32 trimmed.
The largest buyer was Marshall Wace, opening a new position worth an estimated $2.3M. The largest seller was UBS Group, cutting an estimated $4.21M.
- 122 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q4 2018, up from 117 in Q3 2018.
- Funds reported $295M of TPG Mortgage Investment Trust stock for Q4 2018, down 12% quarter-over-quarter.
- 17 funds opened new TPG Mortgage Investment Trust positions in Q4 2018 and 11 closed out, a net change of +6 holders.
- The largest TPG Mortgage Investment Trust buyer in Q4 2018 was Marshall Wace, an estimated $2.3M added.
- The largest TPG Mortgage Investment Trust seller in Q4 2018 was UBS Group, an estimated $4.21M sold.
Based on aggregated 13F filings for Q4 2018.