Orchid Island Capital
51 hedge funds and large institutions have $41.8M invested in Orchid Island Capital in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 14 reducing their positions, and 12 closing their positions.
93% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 14
0.75% less ownership
Funds ownership: 4.9% → 4.15% (-0.75%)
11% less funds holding
Funds holding: 57 → 51 (-6)
30% less capital invested
Capital invested by funds: $59.5M → $41.8M (-$17.7M)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.36M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.91M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.24M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.59M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$11.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.55M |
| 3 |
D.E. Shaw & Co
New York
|
-$2.15M |
| 4 |
Two Sigma Investments
New York
|
-$2.01M |
| 5 |
NCCM
Nine Chapters Capital Management
Short Hills,
New Jersey
|
-$1.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $148 | +$17.1K | +372 | +13% |
|
|
52
Renaissance Technologies
New York
| – | -$11.9M | -213,101 | Closed |
|
|
53
D.E. Shaw & Co
New York
| – | -$2.15M | -38,447 | Closed |
|
|
54
Two Sigma Investments
New York
| – | -$2.01M | -35,864 | Closed |
|
|
NCCM
55
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$1.64M | -29,220 | Closed |
|
|
MC
56
Menta Capital
San Francisco,
California
| – | -$1.06M | -18,916 | Closed |
|
57
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$772K | -13,780 | Closed |
|
58
Goldman Sachs
New York
| – | -$621K | -11,068 | Closed |
|
|
CSS
59
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$392K | -6,990 | Closed |
|
|
GCP
60
GSA Capital Partners
London,
United Kingdom
| – | -$348K | -6,200 | Closed |
|
|
AL
61
Airain Ltd
St. Peter Port,
Guernsey
| – | -$138K | -2,463 | Closed |
|
|
EVC
62
Eidelman Virant Capital
Saint Louis,
Missouri
| – | -$112K | -2,000 | Closed |
|
|
PAM
63
Panagora Asset Management
Boston,
Massachusetts
| – | -$68K | -1,212 | Closed |
|
ORC Hedge Fund Activity: Q3 2015 in Review
51 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Orchid Island Capital (ORC) for Q3 2015, worth a combined $41.8M — down 30% from $59.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ORC and 6 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 27 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $3.36M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $11.9M sold.
- 51 institutional investors held Orchid Island Capital (ORC) as of Q3 2015, down from 57 in Q2 2015.
- Funds reported $41.8M of Orchid Island Capital stock for Q3 2015, down 30% quarter-over-quarter.
- 6 funds opened new Orchid Island Capital positions in Q3 2015 and 12 closed out, a net change of -6 holders.
- The largest Orchid Island Capital buyer in Q3 2015 was BlackRock Fund Advisors, an estimated $3.36M added.
- The largest Orchid Island Capital seller in Q3 2015 was Renaissance Technologies, an estimated $11.9M sold.
Based on aggregated 13F filings for Q3 2015.