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MITT

TPG Mortgage Investment Trust

104 hedge funds and large institutions have $316M invested in TPG Mortgage Investment Trust in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 41 increasing their positions, 35 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

650% more call options, than puts

Call options by funds: $30K | Put options by funds: $4K

17% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 35

0.47% less ownership

Funds ownership: 21.66%21.18% (-0.47%)

7% less capital invested

Capital invested by funds: $338M → $316M (-$22.6M)

10% less funds holding

Funds holding: 116104 (-12)

61% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 18

Holders
104
Holders Change
-12
Holders Change %
-10.34%
% of All Funds
2.28%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
41
Reduced
35
Closed
18
Calls
$30K
Puts
$4K
Net Calls
+$26K
Net Calls Change
+$622K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$49.1M -$2.83M -59,992 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$45.1M +$715K +15,158 +2%
Fuller & Thaler Asset Management
3
Fuller & Thaler Asset Management
California
$24.2M +$859K +18,215 +4%
Mirae Asset Global Investments
4
Mirae Asset Global Investments
South Korea
$18.4M +$10.2M +215,990 +114%
State Street
5
State Street
Massachusetts
$13.5M -$7.79K -165 -0.1%
LSV Asset Management
6
LSV Asset Management
Illinois
$13.5M -$576K -12,200 -4%
Invesco
7
Invesco
Georgia
$13.4M +$42K +891 +0.3%
UBS Group
8
UBS Group
Switzerland
$13.2M -$1.51M -32,088 -10%
WAM
9
Wolverine Asset Management
Illinois
$11.5M +$4.32M +91,646 +56%
Prudential Financial
10
Prudential Financial
New Jersey
$9.27M -$784K -16,615 -8%
JP Morgan Chase
11
JP Morgan Chase
New York
$7.01M -$1.94M -41,017 -21%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$6.5M -$154K -3,264 -2%
Northern Trust
13
Northern Trust
Illinois
$6.46M +$808K +17,130 +14%
AGC
14
Angelo Gordon & Co
New York
$6.06M
Stifel Financial
15
Stifel Financial
Missouri
$6M +$659K +13,971 +12%
Grantham, Mayo, Van Otterloo & Co (GMO)
16
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$5M +$78.7K +1,667 +2%
Two Sigma Investments
17
Two Sigma Investments
New York
$4.07M -$785K -16,633 -16%
Bank of America
18
Bank of America
North Carolina
$3.74M -$332K -7,036 -8%
WG
19
Winton Group
United Kingdom
$3.61M +$2.74M +58,162 +274%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$3.57M -$966K -20,466 -21%
Millennium Management
21
Millennium Management
New York
$3.52M -$2.53M -53,647 -41%
Charles Schwab
22
Charles Schwab
California
$3.05M +$77K +1,633 +2%
MAM
23
Martingale Asset Management
Massachusetts
$2.58M -$206K -4,367 -7%
Thrivent Financial for Lutherans
24
Thrivent Financial for Lutherans
Minnesota
$2.46M +$58.6K +1,242 +2%
VanEck Associates
25
VanEck Associates
New York
$2.18M -$79.2K -1,678 -3%

MITT Hedge Fund Activity: Q3 2019 in Review

104 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q3 2019, worth a combined $316M — down 6.7% from $338M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of MITT and 7 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 41 added.

The largest buyer was Mirae Asset Global Investments, adding an estimated $10.2M. The largest seller was Morgan Stanley, cutting an estimated $4.1M.

  • 104 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q3 2019, down from 116 in Q2 2019.
  • Funds reported $316M of TPG Mortgage Investment Trust stock for Q3 2019, down 6.7% quarter-over-quarter.
  • 7 funds opened new TPG Mortgage Investment Trust positions in Q3 2019 and 18 closed out, a net change of -11 holders.
  • The largest TPG Mortgage Investment Trust buyer in Q3 2019 was Mirae Asset Global Investments, an estimated $10.2M added.
  • The largest TPG Mortgage Investment Trust seller in Q3 2019 was Morgan Stanley, an estimated $4.1M sold.

Based on aggregated 13F filings for Q3 2019.