Ellington Management Group Llc Buys ISHARES TRUST, Annaly Capital Management Inc, American Axle & Mfg Holdings Inc, Sells PennyMac Financial Services Inc, MGIC Investment Corp, DXC Technology Co

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Old Greenwich, CT, based Investment company Ellington Management Group Llc (Current Portfolio) buys ISHARES TRUST, Annaly Capital Management Inc, American Axle & Mfg Holdings Inc, Great Ajax Corp, New Residential Investment Corp, sells PennyMac Financial Services Inc, MGIC Investment Corp, DXC Technology Co, Starwood Property Trust Inc, Anworth Mortgage Asset Corp during the 3-months ended 2020Q3, according to the most recent filings of the investment company, Ellington Management Group Llc. As of 2020Q3, Ellington Management Group Llc owns 42 stocks with a total value of $238 million. These are the details of the buys and sells.

For the details of ELLINGTON MANAGEMENT GROUP LLC's stock buys and sells, go to https://www.gurufocus.com/guru/ellington+management+group+llc/current-portfolio/portfolio

These are the top 5 holdings of ELLINGTON MANAGEMENT GROUP LLC
  1. ISHARES TRUST (HYG) - 679,928 shares, 24.01% of the total portfolio. New Position
  2. Tesla Inc (TSLA) - 78,500 shares, 14.17% of the total portfolio.
  3. American Airlines Group Inc (AAL) - 1,549,000 shares, 8.01% of the total portfolio.
  4. SELECT SECTOR SPDR (XLB) - 700,000 shares, 7.09% of the total portfolio.
  5. PennyMac Financial Services Inc (PFSI) - 200,000 shares, 4.89% of the total portfolio.
New Purchase: ISHARES TRUST (HYG)

Ellington Management Group Llc initiated holding in ISHARES TRUST. The purchase prices were between $80.19 and $84.52, with an estimated average price of $83.12. The stock is now traded at around $86.09. The impact to a portfolio due to this purchase was 24.01%. The holding were 679,928 shares as of .

New Purchase: American Axle & Mfg Holdings Inc (AXL)

Ellington Management Group Llc initiated holding in American Axle & Mfg Holdings Inc. The purchase prices were between $5.04 and $8.51, with an estimated average price of $7.17. The stock is now traded at around $8.31. The impact to a portfolio due to this purchase was 2.42%. The holding were 996,277 shares as of .

New Purchase: New Residential Investment Corp (NRZ)

Ellington Management Group Llc initiated holding in New Residential Investment Corp. The purchase prices were between $6.49 and $8.39, with an estimated average price of $7.68. The stock is now traded at around $8.82. The impact to a portfolio due to this purchase was 1.31%. The holding were 391,194 shares as of .

New Purchase: New York Mortgage Trust Inc (NYMT)

Ellington Management Group Llc initiated holding in New York Mortgage Trust Inc. The purchase prices were between $2.34 and $2.86, with an estimated average price of $2.6. The stock is now traded at around $3.43. The impact to a portfolio due to this purchase was 0.97%. The holding were 900,000 shares as of .

New Purchase: Mr. Cooper Group Inc (COOP)

Ellington Management Group Llc initiated holding in Mr. Cooper Group Inc. The purchase prices were between $11.57 and $22.4, with an estimated average price of $17.18. The stock is now traded at around $25.91. The impact to a portfolio due to this purchase was 0.75%. The holding were 79,840 shares as of .

New Purchase: Radian Group Inc (RDN)

Ellington Management Group Llc initiated holding in Radian Group Inc. The purchase prices were between $13.24 and $16.17, with an estimated average price of $14.91. The stock is now traded at around $19.24. The impact to a portfolio due to this purchase was 0.61%. The holding were 99,530 shares as of .

Added: Annaly Capital Management Inc (NLY)

Ellington Management Group Llc added to a holding in Annaly Capital Management Inc by 388.67%. The purchase prices were between $6.3 and $7.63, with an estimated average price of $7.22. The stock is now traded at around $8.12. The impact to a portfolio due to this purchase was 3.75%. The holding were 1,571,983 shares as of .

Added: Great Ajax Corp (AJX)

Ellington Management Group Llc added to a holding in Great Ajax Corp by 501.45%. The purchase prices were between $8 and $9.93, with an estimated average price of $9.07. The stock is now traded at around $10.05. The impact to a portfolio due to this purchase was 1.39%. The holding were 479,769 shares as of .

Added: Kohl's Corp (KSS)

Ellington Management Group Llc added to a holding in Kohl's Corp by 27.09%. The purchase prices were between $18.41 and $23.82, with an estimated average price of $21.17. The stock is now traded at around $28.88. The impact to a portfolio due to this purchase was 0.32%. The holding were 189,740 shares as of .

Added: AT&T Inc (T)

Ellington Management Group Llc added to a holding in AT&T Inc by 23.89%. The purchase prices were between $27.87 and $30.49, with an estimated average price of $29.59. The stock is now traded at around $29.02. The impact to a portfolio due to this purchase was 0.16%. The holding were 70,014 shares as of .

Added: CVS Health Corp (CVS)

Ellington Management Group Llc added to a holding in CVS Health Corp by 48.60%. The purchase prices were between $56.71 and $65.71, with an estimated average price of $62.23. The stock is now traded at around $67.34. The impact to a portfolio due to this purchase was 0.12%. The holding were 14,677 shares as of .

Sold Out: PennyMac Financial Services Inc (PFSI)

Ellington Management Group Llc sold out a holding in PennyMac Financial Services Inc. The sale prices were between $39.86 and $59.04, with an estimated average price of $49.44.

Sold Out: MGIC Investment Corp (MTG)

Ellington Management Group Llc sold out a holding in MGIC Investment Corp. The sale prices were between $7.22 and $9.59, with an estimated average price of $8.53.

Sold Out: DXC Technology Co (DXC)

Ellington Management Group Llc sold out a holding in DXC Technology Co. The sale prices were between $15.16 and $22.37, with an estimated average price of $18.25.

Sold Out: Anworth Mortgage Asset Corp (ANH)

Ellington Management Group Llc sold out a holding in Anworth Mortgage Asset Corp. The sale prices were between $1.57 and $1.86, with an estimated average price of $1.75.

Sold Out: Alcoa Corp (AA)

Ellington Management Group Llc sold out a holding in Alcoa Corp. The sale prices were between $10.52 and $15.57, with an estimated average price of $13.4.



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