TPG Mortgage Investment Trust
MITT
117 hedge funds and large institutions have $308M invested in TPG Mortgage Investment Trust in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 34 increasing their positions, 39 reducing their positions, and 8 closing their positions.
1,359% more call options, than puts
Call options by funds: $248K | Put options by funds: $17K
150% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 8
13% more capital invested
Capital invested by funds: $273M → $308M (+$34.4M)
10% more funds holding
Funds holding: 106 → 117 (+11)
0.87% more ownership
Funds ownership: 20.73% → 21.6% (+0.87%)
13% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 39
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.39M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.04M |
| 3 |
Renaissance Technologies
New York
|
+$2.54M |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$2.5M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$7.88M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$2.46M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$1.31M |
| 4 |
EM
EnTrustPermal Management
New York
|
-$937K |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$852K |
MITT Hedge Fund Activity: Q4 2016 in Review
117 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q4 2016, worth a combined $308M — up 13% from $273M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MITT positions and 8 closed out — a net gain of 12 holders — while 34 added to existing stakes and 39 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.39M. The largest seller was Yorktown Management & Research Company, exiting entirely with an estimated $7.88M sold.
- 117 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q4 2016, up from 106 in Q3 2016.
- Funds reported $308M of TPG Mortgage Investment Trust stock for Q4 2016, up 13% quarter-over-quarter.
- 20 funds opened new TPG Mortgage Investment Trust positions in Q4 2016 and 8 closed out, a net change of +12 holders.
- The largest TPG Mortgage Investment Trust buyer in Q4 2016 was Morgan Stanley, an estimated $3.39M added.
- The largest TPG Mortgage Investment Trust seller in Q4 2016 was Yorktown Management & Research Company, an estimated $7.88M sold.
Based on aggregated 13F filings for Q4 2016.