| 1 | NLY | Annaly Capital Management, Inc. | 22.31% |
| 2 | AGNC | AGNC Investment Corp. | 14.85% |
| 3 | STWD | Starwood Property Trust, Inc. | 7.89% |
| 4 | RITM | Rithm Capital Corp. | 4.32% |
| 5 | BXMT | Blackstone Mortgage Trust, Inc. | 4.27% |
| 6 | DX | Dynex Capital, Inc. | 4.26% |
| 7 | ARR | ARMOUR Residential REIT, Inc. | 4.24% |
| 8 | ABR | Arbor Realty Trust, Inc. | 2.97% |
| 9 | ARI | Apollo Commercial Real Estate Finance, Inc. | 2.83% |
| 10 | EFC | Ellington Financial Inc. | 2.73% |
| 11 | LADR | Ladder Capital Corp | 2.57% |
| 12 | ORC | Orchid Island Capital, Inc. | 2.37% |
| 13 | PMT | PennyMac Mortgage Investment Trust | 2.27% |
| 14 | TWO | Two Harbors Investment Corp. | 2.24% |
| 15 | CIM | Chimera Investment Corporation | 2.12% |
| 16 | USD | USD CASH | 2.12% |
| 17 | MFA | MFA Financial, Inc. | 2.01% |
| 18 | FBRT | Franklin BSP Realty Trust, Inc. | 1.68% |
| 19 | BRSP | BrightSpire Capital, Inc. | 1.55% |
| 20 | RWT | Redwood Trust, Inc. | 1.44% |
| 21 | ADAM | Adamas Trust, Inc. | 1.29% |
| 22 | IVR | Invesco Mortgage Capital Inc. | 1.26% |
| 23 | TRTX | TPG RE Finance Trust, Inc. | 1.24% |
| 24 | KREF | KKR Real Estate Finance Trust Inc. | 0.89% |
| 25 | RC | Ready Capital Corporation | 0.62% |
| View REM holdings |