MTGE Investment Corp. Common Stock
MTGE
MTGE was delisted on the 6th of September, 2018.
136 hedge funds and large institutions have $572M invested in MTGE Investment Corp. Common Stock in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 59 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
3% more funds holding
Funds holding: 132 → 136 (+4)
5% less capital invested
Capital invested by funds: $601M → $572M (-$29.2M)
39% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 59
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$38.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.77M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$3.07M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$2.68M |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.75M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.87M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$7.26M |
| 4 |
Citigroup
New York
|
-$4.67M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.51M |
MTGE Hedge Fund Activity: Q1 2018 in Review
136 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in MTGE Investment Corp. Common Stock (MTGE) for Q1 2018, worth a combined $572M — down 4.9% from $601M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MTGE positions and 12 closed out — a net gain of 4 holders — while 36 added to existing stakes and 59 trimmed.
The largest buyer was State of Michigan Retirement System, opening a new position worth an estimated $38.9M. The largest seller was Millennium Management, cutting an estimated $9.75M.
- 136 institutional investors held MTGE Investment Corp. Common Stock (MTGE) as of Q1 2018, up from 132 in Q4 2017.
- Funds reported $572M of MTGE Investment Corp. Common Stock stock for Q1 2018, down 4.9% quarter-over-quarter.
- 16 funds opened new MTGE Investment Corp. Common Stock positions in Q1 2018 and 12 closed out, a net change of +4 holders.
- The largest MTGE Investment Corp. Common Stock buyer in Q1 2018 was State of Michigan Retirement System, an estimated $38.9M added.
- The largest MTGE Investment Corp. Common Stock seller in Q1 2018 was Millennium Management, an estimated $9.75M sold.
Based on aggregated 13F filings for Q1 2018.