Ellington Residential Mortgage REIT (EARN)

• Market cap: $172M
• 1 day: -3.44%
• 5 days: -7.52%
• 1 month: -9.92%
• 3 months: -13.62%
• 6 months: -15.47%
• Year to date: -11.54%
• 1 year: -7.09%
• 5 years: -27.96%
• 10 years: -63.94%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: Ellington Credit Co is focused on corporate collateralized loan obligations (CLOs). It focuses on acquiring, investing in, and managing secondary CLO mezzanine debt and equity tranches. The company relies on strong risk management, including disciplined liquidity management and selective use of credit hedges, to preserve book value during times of stress. It also leverages Ellington's proprietary technology, analytics and risk management systems to enhance underwriting and investment selection and to guide ongoing portfolio monitoring and surveillance.

Employees: 160

Fund manager confidence

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

345% more call options, than puts

Call options by funds: $98K | Put options by funds: $22K

41% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 17

39% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 18

10% more funds holding

Funds holding: 67 [Q3] → 74 (+7) [Q4]

2% less capital invested

Capital invested by funds: $47.2M [Q3] → $46.4M (-$816K) [Q4]

2.95% less ownership

Funds ownership: 26.98% [Q3] → 24.02% (-2.95%) [Q4]