Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ELLINGTON CREDIT COMPANY (EARN)

45 + Investors. Track Smart Money conviction in EARN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
2Q ▲
Buyers last Q
49%

Smart Money Signals — EARN

Based on 45 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added EARN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🔻

Below peak — only 62% of 3.0Y high

62% of all-time peak
Only 45 funds hold EARN today versus a peak of 73 funds at 2025 Q1 — just 62% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 38% fewer funds vs a year ago

fund count last 6Q
28 fewer hedge funds hold EARN compared to a year ago (-38% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 49% buying

20 buying21 selling
Last quarter: 21 funds reduced or exited vs 20 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 2 → 15 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 31% medium ■ 22% new
21 out of 45 hedge funds have held EARN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~10 new funds/quarter

18 → 5 → 2 → 15 → 10 new funds/Q
New funds entering each quarter: 5 → 2 → 15 → 10. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 48% of holders stayed 2+ years

■ 48% veterans ■ 22% 1-2yr ■ 30% new
Of 46 current holders: 22 (48%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds
12 of 45 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
1.7
out of 10
Low Exit Risk
Exit risk score 1.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — EARN

In 2026 Q1, 20 hedge funds were net buyers of EARN (10 opened a new position, 10 added to an existing one), while 21 reduced or exited (13 trimmed, 8 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net buying has persisted for two consecutive quarters, a positive momentum signal. 29% of total institutional value in EARN is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 45.

Hedge Fund Ownership: EARN

How many hedge funds hold EARN — quarterly history vs. share price
Quarterly hedge fund ownership of EARN vs. share price

Market Analysis: EARN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: EARN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy ELLINGTON CREDIT COMPANY (EARN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much EARN has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 51d ago
EARN
+6.7%
XLF
+4.6%

EARN outperformed XLF by +2.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 6d ago
EARN
-2.5%
XLF
+1.1%

Since the filing became public, EARN outperformed XLF by -3.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: EARN
45 + Investors

Track Smart Money conviction in EARN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 45 43 4.65%
13F Shares 2M 4M -40.11%
Total Value $10M $20M -49.96%
New Positions 10 15 -5
Increased Positions 10 10 -
Closed Positions 8 11 -3
Reduced Positions 13 8 +5
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: EARN

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

45 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in EARN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of EARN — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 DELPHI FINANCIAL GROUP, INC. 1.22% 608,700 $2.7M
2 CASTLEKEEP INVESTMENT ADVISORS LLC 0.43% 179,856 $797K
3 EMG Holdings, L.P. 0.17% 149,086 $660K
4 DECISION INVESTMENTS, INC 0.16% 32,050 $142K
5 GABLES CAPITAL MANAGEMENT INC. 0.06% 32,477 $144K
6 Clear Harbor Asset Management, LLC 0.05% 173,185 $767K
7 Astra Wealth Partners LLC 0.05% 20,000 $89K
8 Waverly Advisors, LLC 0.01% 167,250 $741K
9 TWO SIGMA SECURITIES, LLC 0.01% 10,062 $45K
10 McIlrath & Eck, LLC 0.00% 10,969 $49K
11 XTX Topco Ltd 0.00% 33,096 $147K
12 Engineers Gate Manager LP 0.00% 38,700 $171K
13 Plancorp, LLC 0.00% 15,000 $69K
14 Aventura Private Wealth, LLC 0.00% 971 $4K
15 World Investment Advisors 0.00% 21,903 $97K
16 PRIVATE TRUST CO NA 0.00% 3,434 $15K
17 Tradewinds Capital Management, LLC 0.00% 1,518 $7K
18 CHOREO, LLC 0.00% 16,402 $73K
19 Bogart Wealth, LLC 0.00% 5,200 $23K
20 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% 251,728 $1.1M
21 OSAIC HOLDINGS, INC. 0.00% 64,468 $286K
22 Steward Partners Investment Advisory, LLC 0.00% 18,384 $81K
23 Osbon Capital Management LLC 0.00% 95 —
24 Cambridge Investment Research Advisors, Inc. 0.00% 14,375 —
25 Advisory Services Network, LLC 0.00% 2,744 $12K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ELLINGTON CREDIT COMPANY (EARN)

What does the Smart Money Trend signal show for EARN?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added EARN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for EARN?

More sellers than buyers — 49% buying: Last quarter: 21 funds reduced or exited vs 20 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for EARN holders?

Strong quality — 29% AUM from major funds: 12 of 45 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held EARN?

47% of holders stayed for 2+ years: 21 out of 45 hedge funds have held EARN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy ELLINGTON CREDIT COMPANY (EARN) following the 2026 Q1 hedge fund 13F filings?

As of today, EARN has moved -2.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the XLF sector ETF — an outperformance of -3.6%. Since the quarter end (March 31, 2026), EARN has gained +6.7% vs +4.6% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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