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MITT

TPG Mortgage Investment Trust

109 hedge funds and large institutions have $306M invested in TPG Mortgage Investment Trust in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 45 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

18,250% more call options, than puts

Call options by funds: $367K | Put options by funds: $2K

1.21% less ownership

Funds ownership: 22.04%20.83% (-1.2%)

5% less funds holding

Funds holding: 115109 (-6)

14% less capital invested

Capital invested by funds: $354M → $306M (-$48.4M)

33% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 18

56% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 45

Holders
109
Holders Change
-6
Holders Change %
-5.22%
% of All Funds
2.5%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
20
Reduced
45
Closed
18
Calls
$367K
Puts
$2K
Net Calls
+$365K
Net Calls Change
+$105K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$45.4M -$1.01M -19,171 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$41.5M -$166K -3,147 -0.4%
Fuller & Thaler Asset Management
3
Fuller & Thaler Asset Management
California
$37.8M -$73.3K -1,389 -0.2%
Invesco
4
Invesco
Georgia
$16.6M +$1.57M +29,814 +10%
LSV Asset Management
5
LSV Asset Management
Illinois
$16.4M +$40.5K +767 +0.2%
State Street
6
State Street
Massachusetts
$13.1M +$353K +6,687 +3%
UBS Group
7
UBS Group
Switzerland
$12.6M -$54.2K -1,026 -0.4%
Allianz Asset Management
8
Allianz Asset Management
Germany
$8.37M -$1.75M -33,082 -17%
AGC
9
Angelo Gordon & Co
New York
$6.95M
Stifel Financial
10
Stifel Financial
Missouri
$6.31M -$355K -6,722 -5%
RCAMU
11
Rothschild & Co Asset Management US
Connecticut
$6.21M -$1.04M -19,643 -14%
Northern Trust
12
Northern Trust
Illinois
$6.09M +$168K +3,184 +3%
Prudential Financial
13
Prudential Financial
New Jersey
$5.35M -$56.3K -1,067 -1%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$4.94M
JP Morgan Chase
15
JP Morgan Chase
New York
$4.4M -$236K -4,476 -5%
Bank of America
16
Bank of America
North Carolina
$4.19M -$207K -3,927 -5%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$4.03M +$81.1K +1,536 +2%
WAM
18
Wolverine Asset Management
Illinois
$3.67M +$3.72M +70,372 New
OC
19
Oppenheimer & Co
New York
$3.12M -$55.4K -1,050 -2%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$2.59M -$540K -10,234 -17%
Charles Schwab
21
Charles Schwab
California
$2.55M -$48.4K -916 -2%
Connor, Clark & Lunn Investment Management (CC&L)
22
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.33M -$1.01M -19,100 -30%
Two Sigma Investments
23
Two Sigma Investments
New York
$2.31M -$25.4K -482 -1%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$2.3M +$37.2K +704 +2%
AllianceBernstein
25
AllianceBernstein
Tennessee
$2.23M +$33.4K +633 +2%

MITT Hedge Fund Activity: Q1 2018 in Review

109 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q1 2018, worth a combined $306M — down 14% from $354M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of MITT and 12 opened new positions — a net loss of 6 holders — while 45 trimmed existing stakes and 20 added.

The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $3.72M. The largest seller was Chicago Equity Partners, cutting an estimated $2.37M.

  • 109 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q1 2018, down from 115 in Q4 2017.
  • Funds reported $306M of TPG Mortgage Investment Trust stock for Q1 2018, down 14% quarter-over-quarter.
  • 12 funds opened new TPG Mortgage Investment Trust positions in Q1 2018 and 18 closed out, a net change of -6 holders.
  • The largest TPG Mortgage Investment Trust buyer in Q1 2018 was Wolverine Asset Management, an estimated $3.72M added.
  • The largest TPG Mortgage Investment Trust seller in Q1 2018 was Chicago Equity Partners, an estimated $2.37M sold.

Based on aggregated 13F filings for Q1 2018.