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ORC

Orchid Island Capital

81 hedge funds and large institutions have $125M invested in Orchid Island Capital in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 19 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

393% more call options, than puts

Call options by funds: $3M | Put options by funds: $609K

89% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 19

13% more capital invested

Capital invested by funds: $111M → $125M (+$14.3M)

1.59% less ownership

Funds ownership: 31.57%29.98% (-1.6%)

6% less funds holding

Funds holding: 8681 (-5)

29% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 17

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
81
Holders Change
-5
Holders Change %
-5.81%
% of All Funds
1.29%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
12
Increased
36
Reduced
19
Closed
17
Calls
$3M
Puts
$609K
Net Calls
+$2.4M
Net Calls Change
+$1.41M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$37.6M +$4.07M +361,242 +12%
Vanguard Group
2
Vanguard Group
Pennsylvania
$22.2M +$3.71M +329,366 +19%
Invesco
3
Invesco
Georgia
$15.9M -$497K -44,116 -3%
State Street
4
State Street
Massachusetts
$7.79M +$642K +56,991 +9%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$7.46M +$502K +44,569 +7%
Northern Trust
6
Northern Trust
Illinois
$3.36M +$364K +32,294 +12%
Two Sigma Investments
7
Two Sigma Investments
New York
$3.25M +$3.08M +273,637 +933%
Renaissance Technologies
8
Renaissance Technologies
New York
$2.51M +$1.78M +158,300 +209%
VanEck Associates
9
VanEck Associates
New York
$2.3M +$191K +16,909 +9%
Millennium Management
10
Millennium Management
New York
$2.09M +$475K +42,171 +28%
Hudson Bay Capital Management
11
Hudson Bay Capital Management
Connecticut
$1.99M +$2.09M +185,178 New
AC
12
Almitas Capital
California
$1.42M -$4.18M -370,984 -74%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$1.27M +$81.5K +7,231 +7%
Morgan Stanley
14
Morgan Stanley
New York
$1.25M -$169K -15,029 -11%
Charles Schwab
15
Charles Schwab
California
$1.11M +$158K +14,010 +16%
WAM
16
Wolverine Asset Management
Illinois
$845K -$16K -1,422 -2%
N
17
Nuveen
North Carolina
$805K -$114K -10,124 -12%
UBS Group
18
UBS Group
Switzerland
$752K -$30.6K -2,717 -4%
Bank of America
19
Bank of America
North Carolina
$746K +$246K +21,858 +46%
IFG
20
Independent Financial Group
California
$718K +$195K +17,263 +35%
RhumbLine Advisers
21
RhumbLine Advisers
Massachusetts
$615K +$38K +3,376 +6%
AllianceBernstein
22
AllianceBernstein
Tennessee
$594K -$77.7K -6,900 -11%
Verition Fund Management
23
Verition Fund Management
Connecticut
$593K +$623K +55,300 New
CA
24
Cetera Advisors
Colorado
$563K +$108K +9,565 +22%
Prudential Financial
25
Prudential Financial
New Jersey
$520K +$63.1K +5,600 +13%

ORC Hedge Fund Activity: Q1 2023 in Review

81 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Orchid Island Capital (ORC) for Q1 2023, worth a combined $125M — up 13% from $111M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of ORC and 12 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 36 added.

The largest buyer was BlackRock, adding an estimated $4.07M. The largest seller was Almitas Capital, cutting an estimated $4.18M.

  • 81 institutional investors held Orchid Island Capital (ORC) as of Q1 2023, down from 86 in Q4 2022.
  • Funds reported $125M of Orchid Island Capital stock for Q1 2023, up 13% quarter-over-quarter.
  • 12 funds opened new Orchid Island Capital positions in Q1 2023 and 17 closed out, a net change of -5 holders.
  • The largest Orchid Island Capital buyer in Q1 2023 was BlackRock, an estimated $4.07M added.
  • The largest Orchid Island Capital seller in Q1 2023 was Almitas Capital, an estimated $4.18M sold.

Based on aggregated 13F filings for Q1 2023.