Sandler Capital Management’s PennyMac Mortgage Investment PMT Stock Holding History

Sandler Capital Management’s Portfolio PMT Stock Details PMT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-104,800	Closed	-$2.25M	–	235
2014 Q3	$2.25M	Buy	104,800 +800	+0.8%	+$17.5K	0.11%	158
2014 Q2	$2.28M	Hold	104,000	–	–	0.1%	163
2014 Q1	$2.49M	Sell	104,000 -2,000	-2%	-$47.3K	0.09%	154
2013 Q4	$2.43M	Buy	106,000 +3,000	+3%	+$67.8K	0.08%	153
2013 Q3	$2.34M	Hold	103,000	–	–	0.07%	148
2013 Q2	$2.17M	Buy	+103,000	New	+$2.4M	0.08%	149

Other funds holding PMT

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

EJF Capital Arlington, Virginia $142M AUM 23.3% 1-Year Est. Return

Omega Advisors New York $1.02B AUM 7% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

DFG

Delphi Financial Group Wilmington, Delaware $222M AUM 11.28% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Sandler Capital Management's PMT Position: Q4 2014 in Review

Sandler Capital Management sold out of PennyMac Mortgage Investment (PMT) in Q4 2014, closing a stake of 104,800 shares — an estimated $2.25M sold.

Sandler Capital Management first reported a position in PMT in Q2 2013 and held it in 6 quarters. The position peaked at $2.49M in Q1 2014. 171 funds tracked by Wall St. Rank hold PMT as of Q4 2014.

Sandler Capital Management reported no remaining PennyMac Mortgage Investment position as of Q4 2014 after selling out during the quarter.
Sandler Capital Management sold 104,800 PennyMac Mortgage Investment shares in Q4 2014, an estimated $2.25M.
Sandler Capital Management first reported a position in PennyMac Mortgage Investment in Q2 2013 and held it in 6 quarters.
Sandler Capital Management's PennyMac Mortgage Investment position peaked at $2.49M in Q1 2014.
171 funds tracked by Wall St. Rank held PennyMac Mortgage Investment as of Q4 2014.

Based on Sandler Capital Management's 13F filing for Q4 2014, filed 17 Feb 2015.