TPG Mortgage Investment Trust
MITT
109 hedge funds and large institutions have $282M invested in TPG Mortgage Investment Trust in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 30 increasing their positions, 38 reducing their positions, and 16 closing their positions.
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
16% more capital invested
Capital invested by funds: $242M → $282M (+$39.7M)
5% more funds holding
Funds holding: 104 → 109 (+5)
0.74% more ownership
Funds ownership: 18.18% → 18.92% (+0.74%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 38
66% less call options, than puts
Call options by funds: $1.96M | Put options by funds: $5.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$4.01M |
| 2 |
Millennium Management
New York
|
+$3.12M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$2.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.92M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$3.94M |
| 2 |
Morgan Stanley
New York
|
-$3.74M |
| 3 |
Two Sigma Investments
New York
|
-$1.7M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.57M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$955K |
MITT Hedge Fund Activity: Q1 2014 in Review
109 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q1 2014, worth a combined $282M — up 16% from $242M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MITT positions and 16 closed out — a net gain of 5 holders — while 30 added to existing stakes and 38 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $4.01M. The largest seller was Citigroup, cutting an estimated $3.94M.
- 109 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q1 2014, up from 104 in Q4 2013.
- Funds reported $282M of TPG Mortgage Investment Trust stock for Q1 2014, up 16% quarter-over-quarter.
- 21 funds opened new TPG Mortgage Investment Trust positions in Q1 2014 and 16 closed out, a net change of +5 holders.
- The largest TPG Mortgage Investment Trust buyer in Q1 2014 was LSV Asset Management, an estimated $4.01M added.
- The largest TPG Mortgage Investment Trust seller in Q1 2014 was Citigroup, an estimated $3.94M sold.
Based on aggregated 13F filings for Q1 2014.