| 1 | NLY | Annaly Capital Management, Inc. | 22.54% |
| 2 | AGNC | AGNC Investment Corp. | 15.50% |
| 3 | STWD | Starwood Property Trust, Inc. | 7.94% |
| 4 | BXMT | Blackstone Mortgage Trust, Inc. | 4.47% |
| 5 | DX | Dynex Capital, Inc. | 4.37% |
| 6 | ARR | ARMOUR Residential REIT, Inc. | 4.32% |
| 7 | RITM | Rithm Capital Corp. | 4.19% |
| 8 | ARI | Apollo Commercial Real Estate Finance, Inc. | 3.11% |
| 9 | ABR | Arbor Realty Trust, Inc. | 2.81% |
| 10 | EFC | Ellington Financial Inc. | 2.68% |
| 11 | LADR | Ladder Capital Corp | 2.50% |
| 12 | ORC | Orchid Island Capital, Inc. | 2.44% |
| 13 | TWO | Two Harbors Investment Corp. | 2.40% |
| 14 | PMT | PennyMac Mortgage Investment Trust | 2.30% |
| 15 | CIM | Chimera Investment Corporation | 2.29% |
| 16 | MFA | MFA Financial, Inc. | 2.13% |
| 17 | RWT | Redwood Trust, Inc. | 1.79% |
| 18 | BRSP | BrightSpire Capital, Inc. | 1.55% |
| 19 | FBRT | Franklin BSP Realty Trust, Inc. | 1.50% |
| 20 | ADAM | Adamas Trust, Inc. | 1.45% |
| 21 | IVR | Invesco Mortgage Capital Inc. | 1.36% |
| 22 | TRTX | TPG RE Finance Trust, Inc. | 1.26% |
| 23 | KREF | KKR Real Estate Finance Trust Inc. | 0.82% |
| 24 | ACRE | Ares Commercial Real Estate Corporation | 0.59% |
| 25 | RC | Ready Capital Corporation | 0.52% |
| View REM holdings |
