TPG Mortgage Investment Trust
MITT
124 hedge funds and large institutions have $311M invested in TPG Mortgage Investment Trust in 2014 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 41 reducing their positions, and 5 closing their positions.
300% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 5
14% more funds holding
Funds holding: 109 → 124 (+15)
10% more capital invested
Capital invested by funds: $282M → $311M (+$29.2M)
5% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 41
0.4% more ownership
Funds ownership: 18.92% → 19.32% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less call options, than puts
Call options by funds: $4.49M | Put options by funds: $4.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$7.89M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$3.54M |
| 3 |
Millennium Management
New York
|
+$2.87M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.81M |
| 5 |
QI
QS Investors
New York
|
+$2.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$7.27M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.8M |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$5.68M |
| 4 |
Renaissance Technologies
New York
|
-$5.43M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.5M |
MITT Hedge Fund Activity: Q2 2014 in Review
124 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q2 2014, worth a combined $311M — up 10% from $282M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MITT positions and 5 closed out — a net gain of 15 holders — while 43 added to existing stakes and 41 trimmed.
The largest buyer was Prudential Financial, adding an estimated $7.89M. The largest seller was Citigroup, cutting an estimated $7.27M.
- 124 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q2 2014, up from 109 in Q1 2014.
- Funds reported $311M of TPG Mortgage Investment Trust stock for Q2 2014, up 10% quarter-over-quarter.
- 20 funds opened new TPG Mortgage Investment Trust positions in Q2 2014 and 5 closed out, a net change of +15 holders.
- The largest TPG Mortgage Investment Trust buyer in Q2 2014 was Prudential Financial, an estimated $7.89M added.
- The largest TPG Mortgage Investment Trust seller in Q2 2014 was Citigroup, an estimated $7.27M sold.
Based on aggregated 13F filings for Q2 2014.