EMG Holdings, L.P.
Net seller this quarter
$125M
15
-$18.5M
43.4%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 EFC | $15.3M | 12.21% | 0.88% | +16.9% | Q3 2021 |
 AMH | $9.05M | 7.23% | Not reported | New | Q2 2026 |
 INVH | $8.46M | 6.76% | 0.05% | New | Q2 2026 |
 PMT | $6.45M | 5.15% | 0.66% | Not reported | Q4 2022 |
 CCS | $3.16M | 2.52% | 0.16% | -21.7% | Q2 2025 |
 MFA | $3.07M | 2.45% | 0.31% | -50.3% | Q3 2021 |
 OC | $2.38M | 1.90% | 0.02% | Not reported | Q4 2023 |
 CPT | $2.31M | 1.85% | 0.02% | -63.4% | Q4 2025 |
 MHO | $2.15M | 1.71% | 0.05% | -72.0% | Q1 2023 |
 FAF | $2.06M | 1.64% | 0.03% | Not reported | Q3 2023 |
 MAA | $2.06M | 1.64% | 0.01% | -57.5% | Q4 2025 |
 RDN | $1.88M | 1.50% | 0.04% | Not reported | Q2 2024 |
 OPRT | $794K | 0.63% | 0.30% | -0.1% | Q4 2022 |
| EARN | $659K | 0.53% | 0.40% | Not reported | Q3 2021 |
 BLNE | $239K | 0.19% | 0.60% | Not reported | Q1 2025 |
| Q1 2026 | |||||
| EFC | $11.4M | 2.87% | 0.77% | Not reported | Q3 2021 |
| MFA | $6.12M | 1.54% | 0.63% | -11.3% | Q3 2021 |
| MHO | $5.84M | 1.47% | 0.19% | +73.3% | Q1 2023 |
| PFSI | $5.74M | 1.45% | 0.13% | +228.6% | Q3 2021 |
| CPT | $5.39M | 1.36% | 0.05% | +42.6% | Q4 2025 |
 DX | $4.4M | 1.11% | 0.17% | Not reported | Q2 2023 |
| MAA | $4.25M | 1.07% | 0.03% | +40.3% | Q4 2025 |
 KBH | $4.02M | 1.01% | 0.12% | Not reported | Q2 2023 |
 FBIN | $3.9M | 0.98% | 0.08% | New | Q1 2026 |
 ESNT | $3.51M | 0.88% | 0.06% | Not reported | Q2 2023 |
| CCS | $3.23M | 0.81% | 0.20% | +307.2% | Q2 2025 |
 RITM | $2.84M | 0.72% | 0.05% | Not reported | Q4 2022 |
 FND | $2.03M | 0.51% | 0.04% | -31.2% | Q4 2025 |
 COMP | $1.88M | 0.47% | 0.03% | Not reported | Q4 2022 |
 NVR | $1.8M | 0.45% | 0.01% | +9.2% | Q4 2025 |
| EARN | $660K | 0.17% | 0.40% | Not reported | Q3 2021 |
| OPRT | $642K | 0.16% | 0.31% | Not reported | Q4 2022 |
| BLNE | $460K | 0.12% | 0.64% | Not reported | Q1 2025 |
| Q4 2025 | |||||
| EFC | $13.1M | 9.65% | 0.85% | Not reported | Q3 2021 |
| MFA | $6.7M | 4.95% | 0.71% | -32.3% | Q3 2021 |
| RDN | $4.32M | 3.19% | 0.09% | Not reported | Q2 2024 |
| CPT | $4.26M | 3.15% | 0.04% | New | Q4 2025 |
| FND | $3.54M | 2.62% | 0.05% | New | Q4 2025 |
| MHO | $3.52M | 2.60% | 0.11% | +54.6% | Q1 2023 |
| MAA | $3.44M | 2.55% | 0.02% | New | Q4 2025 |
 CVCO | $2.98M | 2.20% | 0.06% | New | Q4 2025 |
 MAS | $2.86M | 2.11% | 0.02% | Not reported | Q3 2024 |
| OC | $2.79M | 2.06% | 0.03% | Not reported | Q4 2023 |
| SKY | $2.69M | 1.99% | 0.06% | -81.3% | Q3 2025 |
| PFSI | $2.64M | 1.95% | 0.04% | -61.6% | Q3 2021 |
 TREX | $2.1M | 1.56% | 0.06% | New | Q4 2025 |
| NVR | $1.82M | 1.35% | 0.01% | New | Q4 2025 |
| TMHC | $1.77M | 1.31% | 0.03% | -62.5% | Q2 2024 |
| CCS | $820K | 0.61% | 0.05% | Not reported | Q2 2025 |
| EARN | $786K | 0.58% | 0.40% | Not reported | Q3 2021 |
| OPRT | $736K | 0.54% | 0.31% | Not reported | Q4 2022 |
 LEGH | $342K | 0.25% | 0.07% | New | Q4 2025 |
| BLNE | $337K | 0.25% | 0.70% | 0.0% | Q1 2025 |
 MBC | $117K | 0.09% | 0.01% | -93.6% | Q4 2022 |
| Q3 2025 | |||||
| SKY | $13M | 4.88% | 0.30% | New | Q3 2025 |
| EFC | $12.5M | 4.69% | 0.91% | Not reported | Q3 2021 |
 ARR | $10.7M | 4.01% | 0.64% | New | Q3 2025 |
| MFA | $9.76M | 3.67% | 1.04% | +8.4% | Q3 2021 |
| DX | $8.55M | 3.21% | 0.48% | Not reported | Q2 2023 |
| PFSI | $6.46M | 2.43% | 0.10% | Not reported | Q3 2021 |
| TMHC | $5.28M | 1.98% | 0.08% | -15.8% | Q2 2024 |
| COMP | $3.7M | 1.39% | 0.08% | -39.5% | Q4 2022 |
 UWMC | $3.44M | 1.29% | 0.55% | -68.2% | Q4 2024 |
 SGI | $2.95M | 1.11% | 0.02% | Not reported | Q4 2024 |
| MHO | $2.57M | 0.97% | 0.07% | -73.9% | Q1 2023 |
 LOW | $2.51M | 0.94% | 0.00% | New | Q3 2025 |
| MBC | $2.17M | 0.82% | 0.13% | Not reported | Q4 2022 |
| OPRT | $859K | 0.32% | 0.32% | Not reported | Q4 2022 |
| EARN | $813K | 0.31% | 0.40% | Not reported | Q3 2021 |
| BLNE | $775K | 0.29% | 0.99% | Not reported | Q1 2025 |