| 1 | NLY | Annaly Capital Management, Inc. | 21.07% |
| 2 | AGNC | AGNC Investment Corp. | 15.81% |
| 3 | STWD | Starwood Property Trust, Inc. | 9.23% |
| 4 | BXMT | Blackstone Mortgage Trust, Inc. | 4.52% |
| 5 | RITM | Rithm Capital Corp. | 4.24% |
| 6 | ARR | ARMOUR Residential REIT, Inc. | 4.08% |
| 7 | DX | Dynex Capital, Inc. | 3.86% |
| 8 | ABR | Arbor Realty Trust, Inc. | 3.33% |
| 9 | ARI | Apollo Commercial Real Estate Finance, Inc. | 3.06% |
| 10 | EFC | Ellington Financial Inc. | 2.76% |
| 11 | LADR | Ladder Capital Corp | 2.73% |
| 12 | PMT | PennyMac Mortgage Investment Trust | 2.41% |
| 13 | TWO | Two Harbors Investment Corp. | 2.26% |
| 14 | CIM | Chimera Investment Corporation | 2.16% |
| 15 | MFA | MFA Financial, Inc. | 2.11% |
| 16 | ORC | Orchid Island Capital, Inc. | 1.99% |
| 17 | FBRT | Franklin BSP Realty Trust, Inc. | 1.82% |
| 18 | BRSP | BrightSpire Capital, Inc. | 1.56% |
| 19 | RWT | Redwood Trust, Inc. | 1.55% |
| 20 | ADAM | Adamas Trust, Inc. | 1.39% |
| 21 | TRTX | TPG RE Finance Trust, Inc. | 1.32% |
| 22 | IVR | Invesco Mortgage Capital Inc. | 1.15% |
| 23 | KREF | KKR Real Estate Finance Trust Inc. | 1.05% |
| 24 | RC | Ready Capital Corporation | 0.91% |
| 25 | CMTG | Claros Mortgage Trust, Inc. | 0.67% |
| View REM holdings |