VanEck Mortgage REIT Income ETF
MORT
23 hedge funds and large institutions have $21.4M invested in VanEck Mortgage REIT Income ETF in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 5 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
6.88% less ownership
Funds ownership: 28.01% → 21.12% (-6.9%)
8% less funds holding
Funds holding: 25 → 23 (-2)
14% less capital invested
Capital invested by funds: $24.8M → $21.4M (-$3.4M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$333K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$214K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$208K |
| 4 |
LPL Financial
San Diego,
California
|
+$143K |
| 5 |
AIG
American International Group
New York
|
+$99.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.49M |
| 2 |
Morgan Stanley
New York
|
-$2.03M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$574K |
| 4 |
Jane Street
New York
|
-$366K |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$245K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
26
Placemark Investments
Chicago,
Illinois
| – | -$245K | -11,043 | Closed |
|
|
SSB
27
Sandy Spring Bank
Olney,
Maryland
| – | -$81K | -3,634 | Closed |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$13K | -578 | Closed |
|
MORT Hedge Fund Activity: Q1 2014 in Review
23 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in VanEck Mortgage REIT Income ETF (MORT) for Q1 2014, worth a combined $21.4M — down 14% from $24.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MORT and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Gradient Investments, adding an estimated $333K. The largest seller was Royal Bank of Canada, cutting an estimated $3.49M.
- 23 institutional investors held VanEck Mortgage REIT Income ETF (MORT) as of Q1 2014, down from 25 in Q4 2013.
- Funds reported $21.4M of VanEck Mortgage REIT Income ETF stock for Q1 2014, down 14% quarter-over-quarter.
- 3 funds opened new VanEck Mortgage REIT Income ETF positions in Q1 2014 and 5 closed out, a net change of -2 holders.
- The largest VanEck Mortgage REIT Income ETF buyer in Q1 2014 was Gradient Investments, an estimated $333K added.
- The largest VanEck Mortgage REIT Income ETF seller in Q1 2014 was Royal Bank of Canada, an estimated $3.49M sold.
Based on aggregated 13F filings for Q1 2014.