CHMI β€” CHERRY HILL MORTGAGE INVESTMENT CORPORATION

Ownership history in Summit Financial, LLC  Β·  3 quarters on record

This page tracks every 13F SEC filing in which Summit Financial, LLC reported a position in CHERRY HILL MORTGAGE INVESTMENT CORPORATION (CHMI). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.04% (2025 Q4)
πŸ“Š Avg. % of fund
0.02%
πŸ“… First filed
2025 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
3

Position Intelligence

Summit Financial, LLC Γ— CHMI AI Analytics

πŸ“‰ Summit Financial, LLC underperformed the S&P 500 by –17.3% annually on this CHMI position. Average cost basis: $2.44. Maximum drawdown during holding period: –8.7%.

πŸ“ˆ Position Alpha vs SPY
-17.3%
annualised excess return

❌ Significantly underperformed the S&P 500 by 17.3% ann.
2 quarters analyzed

πŸ’° Entry Quality
$2.44
+4.5% vs current ($2.55)

Best entry: $2.30 (2025 Q3)  Β·  Worst: $2.55 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–8.7%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
100%
buy-side decisions

3 adds Β· 0 trims. Bought during 1 of 1 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.04% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    CHMI price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 3 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 1,010,876 +520,291 +106.1% 0.04% $2.7M $2.55
2025 Q3 ADDED 490,585 +460,383 +1524.3% 0.02% $1.2M $2.30
2025 Q2 INITIATED 30,202 β€” β€” 0.00% $87K $2.52

🏒 Other funds also holding CHMI

As of 2025 Q4 β€” sorted by position size

PVG ASSET MANAGEMENT CORP 3Y 7Y 1.09% GABLES CAPITAL MANAGEMENT INC. 3Y 7Y 0.02% SkyOak Wealth, LLC 3Y 0.01% Naviter Wealth, LLC 3Y 0.0% RENAISSANCE TECHNOLOGIES LLC 3Y 7Y 0.0% Smallwood Wealth Investment Management, LLC 3Y 0.0% Gladstone Institutional Advisory LLC 3Y 7Y 0.0% TWO SIGMA ADVISERS, LP 3Y 7Y 0.0% RITHOLTZ WEALTH MANAGEMENT 3Y 7Y 0.0% TWO SIGMA INVESTMENTS, LP 3Y 7Y 0.0%
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