Orchid Island Capital (ORC)

• Market cap: $770M
• 1 day: -2.46%
• 5 days: 2.88%
• 1 month: -4.92%
• 3 months: -10.96%
• 6 months: -9.03%
• Year to date: -9.15%
• 1 year: -14.17%
• 5 years: -63.71%
• 10 years: -89.65%
• Sector: Real Estate
• Industry: Mortgage REIT

About: Orchid Island Capital Inc is a specialty finance company that invests in residential mortgage-backed securities. The principal and interest payments of its RMBS are guaranteed by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, or the Government National Mortgage Association, and are backed by single-family residential mortgage loans. The company's investment portfolio is divided into two categories namely traditional pass-through Agency RMBS; and structured Agency RMBS, such as collateralized mortgage obligations, interest-only securities, inverse interest-only securities, and principal-only securities, among other types of structured Agency RMBS.

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

164% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 22

26% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 19

9% more capital invested

Capital invested by funds: $191M [Q3] → $208M (+$17.3M) [Q4]

3% more funds holding

Funds holding: 115 [Q3] → 119 (+4) [Q4]

1.52% more ownership

Funds ownership: 32.55% [Q3] → 34.07% (+1.52%) [Q4]

46% less call options, than puts

Call options by funds: $844K | Put options by funds: $1.56M