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Peter "Pej" Hamidi is a well known trader on Wall Street and Founder of InvestmentCapitalist.com. He is presently a Quantitative Proprietary Trader running a global macro portfolio. By presenting a unique global macro perspective of financial markets, technology and the geo-political landscape... More
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  • Chimera Investments (CIM) - Institutional Shareholders Increasing Their Holdings 4 comments
    Jan 31, 2014 7:02 PM | about stocks: CIM
    INSTITUTION NAME SHS HELD SHS CHG %CHG $CHG* %OUT %PORT RPT DATE
    Wells Capital Management Inc. 65,354,125 -1,554,296 -2.32 -4,725,047 6.36 0.33 9/30/2013
    Omega Advisors, Inc. 61,832,671 4,949,280 8.7 15,045,786 6.02 2.84 9/30/2013
    Thornburg Investment Management, Inc. 61,360,859 -2,820,811 -4.4 -8,744,514 5.97 NA 12/31/2013
    Cooperman Leon G 55,120,975 55,120,975 NA 168,118,974 5.36 NA 2/1/2013
    Credit Suisse First Boston (CSFB) 55,069,189 55,069,189 NA 170,714,486 5.36 NA 12/31/2013
    Vanguard Group, Inc. 54,806,096 1,502,096 2.82 4,566,357 5.33 0.02 9/30/2013
    Morgan Stanley & Co Inc 34,535,709 685,274 2.02 2,083,242 3.36 0.2 9/30/2013
    BlackRock Fund Advisors 31,101,830 746,351 2.46 2,268,918 3.03 0.03 9/30/2013
    Citigroup Inc 20,944,881 -114,166 -0.54 -347,062 2.04 0.06 9/30/2013
    ING Investments, LLC 17,314,925 17,314,925 NA 52,811,000 1.69 0.27 9/30/2013
    West Family Investments, LLC 14,943,452 25,000 0.17 76,000 1.45 11.51 9/30/2013
    State Street Corp 14,895,490 228,675 1.56 695,229 1.45 0.01 9/30/2013
    Goldman, Sachs & Co. 13,579,329 12,428,042 1,079.49 37,781,101 1.32 0.02 9/30/2013
    Russell Frank Co 13,405,529 8,258,977 160.48 25,106,792 1.3 0.07 9/30/2013
    Pine River Capital Management, L.P. 13,381,752 13,381,752 NA 40,680,000 1.3 0.44 9/30/2013

    This is a strong case that large funds are expanding and a few inititiating for the first time, fairly large positions in Chimera (NYSE:CIM)

    Disclosure: I am long CIM. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

    Stocks: CIM
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Comments (4)
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  • tradebr2010
    , contributor
    Comments (1278) | Send Message
     
    That's a winner.
    8 Feb 2014, 08:35 AM Reply Like
  • Global_Alpha
    , contributor
    Comment (1) | Send Message
     
    Absolutely something to be accumulated. $CIM is at the top of this trade. A large book position of mREIT's can easily be hedged using Treasury's. Conversely, use a $100,000. bond as a deposit and obtain portfolio leverage of 6.65:1 to build a the portfolio. 60% yield on $665,000 ($~$400k) backed by a long bond of $100k covers price and yield risk under any scenario
    9 Feb 2014, 12:32 PM Reply Like
  • GloMac
    , contributor
    Comments (39) | Send Message
     
    The above trade mentioned by @Global_Alpha is a trade our firm has been building for several weeks. I was rather surprised to see this strategy posted publicly!
    16 Feb 2014, 09:35 PM Reply Like
  • Investment Capitalist
    , contributor
    Comments (70) | Send Message
     
    Author’s reply » CEO just increased position by 100,000 shares at an avg. price of $3.20, increasing position to 582,000 shares as of Aug. 15th.

     

    Keep loading up.
    17 Aug 2014, 04:34 PM Reply Like
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