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MITT

TPG Mortgage Investment Trust

104 hedge funds and large institutions have $242M invested in TPG Mortgage Investment Trust in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 33 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 33

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

0.96% more ownership

Funds ownership: 17.22%18.18% (+0.96%)

0% more funds holding

Funds holding: 104104 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $243M → $242M (-$1.29M)

2% less call options, than puts

Call options by funds: $3.89M | Put options by funds: $3.98M

Holders
104
Holders Change
Holders Change %
0%
% of All Funds
3.02%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
39
Reduced
33
Closed
15
Calls
$3.89M
Puts
$3.98M
Net Calls
-$88K
Net Calls Change
-$412K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$23.1M +$480K +9,949 +2%
BFA
2
BlackRock Fund Advisors
California
$19.4M -$1.43M -29,633 -7%
1IC
3
1919 Investment Counsel
Maryland
$17.8M -$9.62M -199,582 -34%
SCM
4
Sterling Capital Management
North Carolina
$14.8M +$8.77M +181,948 +137%
BIT
5
BlackRock Institutional Trust
California
$14.4M +$412K +8,537 +3%
Citigroup
6
Citigroup
New York
$10M +$3.21M +66,621 +45%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$9.83M +$804K +16,667 +9%
State Street
8
State Street
Massachusetts
$8.68M -$147K -3,051 -2%
Ameriprise
9
Ameriprise
Minnesota
$7.85M +$1.31M +27,242 +19%
Deutsche Bank
10
Deutsche Bank
Germany
$7.15M +$1.22M +25,271 +20%
Renaissance Technologies
11
Renaissance Technologies
New York
$6.4M +$5.27M +109,300 +403%
AGC
12
Angelo Gordon & Co
New York
$6.26M
Northern Trust
13
Northern Trust
Illinois
$6.06M -$2.07M -42,934 -25%
GC
14
Guggenheim Capital
Illinois
$5.42M +$1.43M +29,659 +34%
Morgan Stanley
15
Morgan Stanley
New York
$4.57M +$2.19M +45,401 +87%
Fuller & Thaler Asset Management
16
Fuller & Thaler Asset Management
California
$4.52M +$4.08M +84,666 +726%
YMRC
17
Yorktown Management & Research Company
Virginia
$4.38M +$482K +10,000 +12%
GE
18
General Electric
Ohio
$3.91M
LSV Asset Management
19
LSV Asset Management
Illinois
$3.54M +$2.97M +61,658 +449%
IAM
20
ICM Asset Management
Washington
$3.15M +$2.77M +57,377 +592%
MP
21
Mangrove Partners
Connecticut
$3.13M +$3.22M +66,733 New
CLG
22
Cooperman Leon G
$3.13M
CHA
23
Cedar Hill Associates
Illinois
$3.01M +$3.09M +64,092 New
Two Sigma Investments
24
Two Sigma Investments
New York
$2.63M +$2.71M +56,169 New
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$2.5M +$2.35M +48,694 +1,066%

MITT Hedge Fund Activity: Q4 2013 in Review

104 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q4 2013, worth a combined $242M — down 0.53% from $243M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new MITT positions and 15 closed out — a net gain of 1 holder — while 39 added to existing stakes and 33 trimmed.

The largest buyer was Sterling Capital Management, adding an estimated $8.77M. The largest seller was 1919 Investment Counsel, cutting an estimated $9.62M.

  • 104 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q4 2013, unchanged from Q3 2013.
  • Funds reported $242M of TPG Mortgage Investment Trust stock for Q4 2013, down 0.53% quarter-over-quarter.
  • 16 funds opened new TPG Mortgage Investment Trust positions in Q4 2013 and 15 closed out, a net change of +1 holder.
  • The largest TPG Mortgage Investment Trust buyer in Q4 2013 was Sterling Capital Management, an estimated $8.77M added.
  • The largest TPG Mortgage Investment Trust seller in Q4 2013 was 1919 Investment Counsel, an estimated $9.62M sold.

Based on aggregated 13F filings for Q4 2013.