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MITT

TPG Mortgage Investment Trust

103 hedge funds and large institutions have $52.2M invested in TPG Mortgage Investment Trust in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 28

1.15% less ownership

Funds ownership: 20.54%19.39% (-1.2%)

10% less funds holding

Funds holding: 114103 (-11)

40% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 25

83% less capital invested

Capital invested by funds: $312M → $52.2M (-$259M)

90% less call options, than puts

Call options by funds: $102K | Put options by funds: $1.06M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
103
Holders Change
-11
Holders Change %
-9.65%
% of All Funds
2.27%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
43
Reduced
28
Closed
25
Calls
$102K
Puts
$1.06M
Net Calls
-$960K
Net Calls Change
-$937K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$9.49M +$1.92M +47,973 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$8.85M +$1.67M +41,793 +4%
Fuller & Thaler Asset Management
3
Fuller & Thaler Asset Management
California
$4.56M -$782K -19,564 -3%
Mirae Asset Global Investments
4
Mirae Asset Global Investments
South Korea
$3.46M +$9.28M +231,990 +123%
State Street
5
State Street
Massachusetts
$2.67M +$402K +10,051 +3%
LSV Asset Management
6
LSV Asset Management
Illinois
$2.19M -$440K -11,000 -4%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$1.26M +$107K +2,666 +2%
Northern Trust
8
Northern Trust
Illinois
$1.16M +$203K +5,082 +4%
Stifel Financial
9
Stifel Financial
Missouri
$1.12M +$1.08K +27 +0%
AGC
10
Angelo Gordon & Co
New York
$1.1M
Prudential Financial
11
Prudential Financial
New Jersey
$1.08M -$1.77M -44,217 -25%
Two Sigma Advisers
12
Two Sigma Advisers
New York
$1M +$1.08M +27,133 +29%
D.E. Shaw & Co
13
D.E. Shaw & Co
New York
$844K +$3.15M +78,791 +330%
Allianz Asset Management
14
Allianz Asset Management
Germany
$709K +$2.79M +69,784 +425%
Two Sigma Investments
15
Two Sigma Investments
New York
$615K -$1.49M -37,219 -33%
WG
16
Winton Group
United Kingdom
$597K +$472K +11,802 +19%
Thrivent Financial for Lutherans
17
Thrivent Financial for Lutherans
Minnesota
$578K +$223K +5,581 +9%
Charles Schwab
18
Charles Schwab
California
$569K +$36K +901 +1%
Bank of America
19
Bank of America
North Carolina
$562K -$223K -5,565 -8%
Citadel Advisors
20
Citadel Advisors
Florida
$544K +$2.07M +51,764 +359%
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$526K +$2.56M +63,967 New
JP Morgan Chase
22
JP Morgan Chase
New York
$482K -$2.74M -68,445 -54%
Invesco
23
Invesco
Georgia
$438K +$83K +2,076 +4%
WAM
24
Wolverine Asset Management
Illinois
$434K -$8.05M -201,341 -79%
AIM
25
Aigen Investment Management
New York
$414K +$1.78M +44,505 +766%

MITT Hedge Fund Activity: Q1 2020 in Review

103 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q1 2020, worth a combined $52.2M — down 83% from $312M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of MITT and 15 opened new positions — a net loss of 10 holders — while 28 trimmed existing stakes and 43 added.

The largest buyer was Mirae Asset Global Investments, adding an estimated $9.28M. The largest seller was UBS Group, cutting an estimated $11.5M.

  • 103 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q1 2020, down from 114 in Q4 2019.
  • Funds reported $52.2M of TPG Mortgage Investment Trust stock for Q1 2020, down 83% quarter-over-quarter.
  • 15 funds opened new TPG Mortgage Investment Trust positions in Q1 2020 and 25 closed out, a net change of -10 holders.
  • The largest TPG Mortgage Investment Trust buyer in Q1 2020 was Mirae Asset Global Investments, an estimated $9.28M added.
  • The largest TPG Mortgage Investment Trust seller in Q1 2020 was UBS Group, an estimated $11.5M sold.

Based on aggregated 13F filings for Q1 2020.