TPG Mortgage Investment Trust
MITT
79 hedge funds and large institutions have $39.6M invested in TPG Mortgage Investment Trust in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 48 closing their positions.
6% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $13.8M
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
20.37% less ownership
Funds ownership: 58.15% → 37.78% (-20%)
23% less funds holding
Funds holding: 103 → 79 (-24)
48% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 48
55% less capital inflows, than outflows
Capital inflows: $15.9M | Capital outflows: $35.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.95M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.77M |
| 3 |
Winton Group
London,
United Kingdom
|
+$1.52M |
| 4 |
Jane Street
New York
|
+$1.31M |
| 5 |
Goldman Sachs
New York
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$9.6M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$5.3M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.46M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.87M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.31M |
MITT Hedge Fund Activity: Q2 2020 in Review
79 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in TPG Mortgage Investment Trust (MITT) for Q2 2020, worth a combined $39.6M — down 24% from $52.2M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of MITT and 25 opened new positions — a net loss of 23 holders — while 25 trimmed existing stakes and 21 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.95M. The largest seller was BlackRock, cutting an estimated $9.6M.
- 79 institutional investors held TPG Mortgage Investment Trust (MITT) as of Q2 2020, down from 103 in Q1 2020.
- Funds reported $39.6M of TPG Mortgage Investment Trust stock for Q2 2020, down 24% quarter-over-quarter.
- 25 funds opened new TPG Mortgage Investment Trust positions in Q2 2020 and 48 closed out, a net change of -23 holders.
- The largest TPG Mortgage Investment Trust buyer in Q2 2020 was Millennium Management, an estimated $1.95M added.
- The largest TPG Mortgage Investment Trust seller in Q2 2020 was BlackRock, an estimated $9.6M sold.
Based on aggregated 13F filings for Q2 2020.