EMG Holdings, L.P. reported 15 positions worth $60.01M for the quarter ended Jun 30, 2026, down 11.9% on the prior quarter. It opened 6 new positions, added to 1, trimmed 6 and exited 9. Its largest holding is Ellington Financial Inc. at 25.5% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AMH American Homes 4 Rent | +270.0K | – | $9.05M | 15.08% |
| INVH Invitation Homes Inc. | +280.0K | – | $8.46M | 14.1% |
| PMT PennyMac Mortgage Investment Trust | +572.1K | – | $6.45M | 10.75% |
| OC Owens Corning | +15.0K | – | $2.38M | 3.97% |
| EFC Ellington Financial Inc. | +161.9K | +16.9% | $2.20M | 25.47% |
| FAF First American Financial Corp | +30.0K | – | $2.06M | 3.43% |
| RDN Radian Group Inc | +50.0K | – | $1.88M | 3.14% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| PFSI PennyMac Financial Services, Inc. | -65.7K | -100.0% | $5.74M | Exited |
| MHO M/I Homes, Inc. | -34.4K | -72.0% | $5.52M | 3.58% |
| DX Dynex Capital Inc | -345.0K | -100.0% | $4.40M | Exited |
| KBH Kb Home | -77.7K | -100.0% | $4.02M | Exited |
| CPT Camden Property Trust | -35.0K | -63.4% | $4.01M | 3.85% |
| FBIN Fortune Brands Innovations, Inc. | -100.0K | -100.0% | $3.90M | Exited |
| ESNT Essent Group Ltd. | -60.0K | -100.0% | $3.51M | Exited |
| MFA Mfa Financial, Inc. | -321.4K | -50.3% | $3.11M | 5.12% |
| RITM Rithm Capital Corp. | -300.0K | -100.0% | $2.84M | Exited |
| MAA Mid America Apartment Communities Inc. | -20.0K | -57.5% | $2.78M | 3.43% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| AMH American Homes 4 Rent | +270.0K | $9.05M | 15.08% |
| INVH Invitation Homes Inc. | +280.0K | $8.46M | 14.1% |
| PMT PennyMac Mortgage Investment Trust | +572.1K | $6.45M | 10.75% |
| OC Owens Corning | +15.0K | $2.38M | 3.97% |
| FAF First American Financial Corp | +30.0K | $2.06M | 3.43% |
| RDN Radian Group Inc | +50.0K | $1.88M | 3.14% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| PFSI PennyMac Financial Services, Inc. | -65.7K | $5.74M | 8.44% |
| DX Dynex Capital Inc | -345.0K | $4.40M | 6.46% |
| KBH Kb Home | -77.7K | $4.02M | 5.9% |
| FBIN Fortune Brands Innovations, Inc. | -100.0K | $3.90M | 5.72% |
| ESNT Essent Group Ltd. | -60.0K | $3.51M | 5.15% |
| RITM Rithm Capital Corp. | -300.0K | $2.84M | 4.18% |
| FND Floor & Decor Holdings, Inc. | -40.0K | $2.03M | 2.98% |
| COMP Compass, Inc. | -257.0K | $1.88M | 2.76% |
| NVR Nvr Inc | -273 | $1.80M | 2.64% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | EFC Ellington Financial Inc. | Financial Services | 1.12M | $15.28M | 25.47% | +161.9K | +16.9% | Added | 0.88% |
| 2 | AMH American Homes 4 Rent | Real Estate | 270.0K | $9.05M | 15.08% | +270.0K | – | New | 0.08% |
| 3 | INVH Invitation Homes Inc. | Real Estate | 280.0K | $8.46M | 14.1% | +280.0K | – | New | 0.05% |
| 4 | PMT PennyMac Mortgage Investment Trust | Financial Services | 572.1K | $6.45M | 10.75% | +572.1K | – | New | 0.66% |
| 5 | CCS Century Communities, Inc. | Consumer Discretionary | 44.1K | $3.16M | 5.26% | -12.2K | -21.7% | Reduced | 0.15% |
| 6 | MFA Mfa Financial, Inc. | Financial Services | 317.1K | $3.07M | 5.12% | -321.4K | -50.3% | Reduced | 0.31% |
| 7 | OC Owens Corning | Industrials | 15.0K | $2.38M | 3.97% | +15.0K | – | New | 0.02% |
| 8 | CPT Camden Property Trust | Real Estate | 20.2K | $2.31M | 3.85% | -35.0K | -63.4% | Reduced | 0.02% |
| 9 | MHO M/I Homes, Inc. | Consumer Discretionary | 13.3K | $2.15M | 3.58% | -34.4K | -72.0% | Reduced | 0.05% |
| 10 | FAF First American Financial Corp | Financial Services | 30.0K | $2.06M | 3.43% | +30.0K | – | New | 0.03% |
| 11 | MAA Mid America Apartment Communities Inc. | Real Estate | 14.8K | $2.06M | 3.43% | -20.0K | -57.5% | Reduced | 0.01% |
| 12 | RDN Radian Group Inc | Financial Services | 50.0K | $1.88M | 3.14% | +50.0K | – | New | 0.04% |
| 13 | OPRT Oportun Financial Corp | Financial Services | 139.1K | $794.10K | 1.32% | -100 | -0.1% | Reduced | 0.29% |
| 14 | EARN Ellington Credit Co | Others | 149.1K | $658.96K | 1.1% | 0 | 0.0% | Unchanged | 0.4% |
| 15 | BLNE Beeline Holdings, Inc. | Consumer Staples | 195.8K | $238.85K | 0.398% | 0 | 0.0% | Unchanged | 0.6% |
Tip. Select a row to see that position’s full history at EMG Holdings.
As of its Q2 2026 13F filing, EMG Holdings, L.P.’s five largest positions were Ellington Financial Inc. (EFC) at 25.5%, American Homes 4 Rent (AMH) at 15.1%, Invitation Homes Inc. (INVH) at 14.1%, PennyMac Mortgage Investment Trust (PMT) at 10.8%, Century Communities, Inc. (CCS) at 5.3% of the reported portfolio.
EMG Holdings, L.P. reported a 13F portfolio worth $60.01M across 15 positions for Q2 2026. That is down 11.9% from the previous quarter.
Its largest purchases by value were American Homes 4 Rent ($9.05M), Invitation Homes Inc. ($8.46M), PennyMac Mortgage Investment Trust ($6.45M). It opened 6 new positions.
Its largest sales by value were PennyMac Financial Services, Inc. ($5.74M), M/I Homes, Inc. ($5.52M), Dynex Capital Inc ($4.40M). It exited 9 positions entirely.
From the Form 13F-HR reports EMG Holdings, L.P. files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.