TPG Mortgage Investment Trust
MITT
116 hedge funds and large institutions have $263M invested in TPG Mortgage Investment Trust in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 16 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
0.03% more ownership
Funds ownership: 20.25% → 20.28% (+0.03%)
3% less funds holding
Funds holding: 119 → 116 (-3)
12% less capital invested
Capital invested by funds: $298M → $263M (-$34.9M)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
75% less call options, than puts
Call options by funds: $21K | Put options by funds: $83K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$4.68M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$3.52M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.16M |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$1.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.39M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$1.57M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.49M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.44M |
| 5 |
SCA
Secor Capital Advisors
New York
|
-$1.32M |
MITT Hedge Fund Activity: Q3 2015 in Review
116 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q3 2015, worth a combined $263M — down 12% from $298M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of MITT and 14 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 40 added.
The largest buyer was Fuller & Thaler Asset Management, adding an estimated $4.68M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $2.39M sold.
- 116 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q3 2015, down from 119 in Q2 2015.
- Funds reported $263M of TPG Mortgage Investment Trust stock for Q3 2015, down 12% quarter-over-quarter.
- 14 funds opened new TPG Mortgage Investment Trust positions in Q3 2015 and 16 closed out, a net change of -2 holders.
- The largest TPG Mortgage Investment Trust buyer in Q3 2015 was Fuller & Thaler Asset Management, an estimated $4.68M added.
- The largest TPG Mortgage Investment Trust seller in Q3 2015 was Systematic Financial Management, an estimated $2.39M sold.
Based on aggregated 13F filings for Q3 2015.