Hi all; Institutional ownership of RMBS dropping:
During the second quarter, 23 institutions sold all their RMBS. During that same period, only 7 institutions started new positions (these numbers will change as more institutions report):
Sold Out Position Shares
----------------------- --------
BANK JULIUS BAER & C... 4,250
BAKER BOYER NATIONAL... 19,125
AMCORE INVESTMENT GR... 1,500
A I M MANAGEMENT GRO... 150,000
GRUBER & MCBAINE CAP... 25,000
GLYNN CAPITAL MANAGE... 212,000
FREMONT INVESTMENT A... 3,000
FORSTMANN LEFF ASSOC... 128,400
FIDUCIARY ASSET MANA... 10,000
EOS PARTNERS LP 10,000
EAGLE ASSET MANAGEME... 10,000
DRUKER NEIL 50,000
OAKWOOD CAPITAL MANA... 17,700
LANE DOUGLAS C & ASS... 10,500
JDS CAPITAL MANAGEME... 201,000
JDS ASSET MANAGEMENT... 99,000
ING PILGRIM INVESTME... 78,500
IBM RETIREMENT PLAN/... 58,557
HARVARD MANAGEMENT C... 521,000
GUARDIAN INVESTOR SE... 217,500
ZWEIG DIMENNA PARTNE... 25,000
VIRGINIA RETIREMENT ... 18,700
UNIONBANCAL CORP 52,700
Began New Position Shares
----------------------- --------
METROPOLITAN LIFE IN... 14,070
EMERGING GROWTH MANA... 236,300
COMMONWEALTH OF PENN... 39,200
MCKEE C S & CO INC 20,000
MARTINGALE ASSET MAN... 45,700
WESTPEAK INVESTMENT ... 36,200
WEINTRAUB CAPITAL MA... 151,250
nasdaq.com`&SortBy=curr_rpt_date&Descending=D&strFilter=T&PageNum=1
-- Carl
P.S. Thanks to yern4 on Yahoo for the link:
messages.yahoo.com
