PennyMac Mortgage Investment
PMT
206 hedge funds and large institutions have $1.26B invested in PennyMac Mortgage Investment in 2020 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 65 increasing their positions, 70 reducing their positions, and 31 closing their positions.
23% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 31
7% more capital invested
Capital invested by funds: $1.17B → $1.26B (+$87.4M)
2% more funds holding
Funds holding: 201 → 206 (+5)
4% less call options, than puts
Call options by funds: $14.8M | Put options by funds: $15.3M
7% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 70
1.4% less ownership
Funds ownership: 73.7% → 72.3% (-1.4%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$15.1M |
| 2 |
IC
IEQ Capital
Foster City,
California
|
+$13.2M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$9.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$6.72M |
| 5 |
Renaissance Technologies
New York
|
+$5.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$41.1M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$15.1M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$14M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$9.55M |
| 5 |
JP Morgan Chase
New York
|
-$5.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PHK
226
Point72 Hong Kong
Hong Kong
| – | -$44K | -2,738 | Closed |
|
227
Fidelity Investments
Boston,
Massachusetts
| – | -$35.1K | -2,069 | -100% |
|
|
EA
228
Emerald Advisers
Leola,
Pennsylvania
| – | -$27K | -1,669 | Closed |
|
229
Point72 Asset Management
Stamford,
Connecticut
| – | -$24K | -1,487 | Closed |
|
|
GT
230
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$18K | -1,159 | Closed |
|
231
Simplex Trading
Chicago,
Illinois
| – | -$2.32K | -137 | Closed |
|
|
FGAM
232
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$34 | +2 | New |
|
|
OSAM
233
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$356 | +21 | New |
|
PMT Hedge Fund Activity: Q4 2020 in Review
206 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q4 2020, worth a combined $1.26B — up 7.5% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PMT positions and 31 closed out — a net gain of 7 holders — while 65 added to existing stakes and 70 trimmed.
The largest buyer was BlackRock, adding an estimated $15.1M. The largest seller was Morgan Stanley, cutting an estimated $41.1M.
- 206 institutional investors held PennyMac Mortgage Investment (PMT) as of Q4 2020, up from 201 in Q3 2020.
- Funds reported $1.26B of PennyMac Mortgage Investment stock for Q4 2020, up 7.5% quarter-over-quarter.
- 38 funds opened new PennyMac Mortgage Investment positions in Q4 2020 and 31 closed out, a net change of +7 holders.
- The largest PennyMac Mortgage Investment buyer in Q4 2020 was BlackRock, an estimated $15.1M added.
- The largest PennyMac Mortgage Investment seller in Q4 2020 was Morgan Stanley, an estimated $41.1M sold.
Based on aggregated 13F filings for Q4 2020.