Claros Mortgage Trust (CMTG) reported a GAAP net loss of $255.4 million, or $1.81 per share, for the quarter ended June 30, 2026. Distributable loss was $90.8 million, or $0.63 per share, and distributable loss prior to realized gains and losses was $10.5 million, or $0.07 per share.
The company reported a $2.8 billion held-for-investment loan portfolio at June 30, 2026, along with CECL reserves of $567.4 million on unpaid principal balance. Total liquidity was $103 million at quarter-end and increased to $168 million as of July 24, 2026.
- Resolved one watchlist loan with $25.4 million of unpaid principal balance through mortgage foreclosure during the quarter.
- Recorded a $208.8 million provision for CECL reserves, equal to $1.45 per share.
- Sold one multifamily REO asset for a gross sales price of $48.0 million.
- Reported a $723.7 million REO portfolio comprising nine investments, including two classified as held-for-sale.
- Subsequent to quarter-end, resolved four loans totaling $409.5 million of unpaid principal balance.
- Book value was $8.58 per share at June 30, 2026.
$CMTG Insider Trading Activity
$CMTG insiders have traded $CMTG stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CMTG stock by insiders over the last 6 months:
- RICHARD MACK (CEO AND CHAIRMAN) purchased 50,000 shares for an estimated $120,354
- W EDWARD WALTER purchased 25,000 shares for an estimated $56,894
- MIKE MCGILLIS (PRESIDENT AND CFO) purchased 20,000 shares for an estimated $46,792
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CMTG Hedge Fund Activity
We have seen 49 institutional investors add shares of $CMTG stock to their portfolio, and 51 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC removed 1,182,250 shares (-88.6%) from their portfolio in Q1 2026, for an estimated $2,813,755
- CITIGROUP INC added 1,077,198 shares (+51565.2%) to their portfolio in Q1 2026, for an estimated $2,563,731
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 539,912 shares (-14.9%) from their portfolio in Q1 2026, for an estimated $1,284,990
- MACQUARIE GROUP LTD added 452,533 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1,077,028
- ACADIAN ASSET MANAGEMENT LLC removed 296,671 shares (-38.1%) from their portfolio in Q1 2026, for an estimated $706,076
- BLACKROCK, INC. removed 259,125 shares (-3.2%) from their portfolio in Q1 2026, for an estimated $616,717
- PRUDENTIAL FINANCIAL INC removed 176,090 shares (-42.8%) from their portfolio in Q1 2026, for an estimated $419,094
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
