TPG Mortgage Investment Trust
MITT
120 hedge funds and large institutions have $369M invested in TPG Mortgage Investment Trust in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 28 reducing their positions, and 21 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 28
25% more capital invested
Capital invested by funds: $295M → $369M (+$73.6M)
1.19% more ownership
Funds ownership: 21.47% → 22.66% (+1.2%)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
2% less funds holding
Funds holding: 122 → 120 (-2)
74% less call options, than puts
Call options by funds: $543K | Put options by funds: $2.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$9.29M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.12M |
| 3 |
Goldman Sachs
New York
|
+$7M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$4.23M |
| 5 |
Morgan Stanley
New York
|
+$3.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.63M |
| 2 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$2.25M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.34M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.33M |
| 5 |
D.E. Shaw & Co
New York
|
-$1.26M |
MITT Hedge Fund Activity: Q1 2019 in Review
120 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q1 2019, worth a combined $369M — up 25% from $295M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MITT and 19 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 49 added.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $9.29M. The largest seller was Wolverine Asset Management, cutting an estimated $2.63M.
- 120 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q1 2019, down from 122 in Q4 2018.
- Funds reported $369M of TPG Mortgage Investment Trust stock for Q1 2019, up 25% quarter-over-quarter.
- 19 funds opened new TPG Mortgage Investment Trust positions in Q1 2019 and 21 closed out, a net change of -2 holders.
- The largest TPG Mortgage Investment Trust buyer in Q1 2019 was Mirae Asset Global Investments, an estimated $9.29M added.
- The largest TPG Mortgage Investment Trust seller in Q1 2019 was Wolverine Asset Management, an estimated $2.63M sold.
Based on aggregated 13F filings for Q1 2019.