PennyMac Mortgage Investment
PMT
195 hedge funds and large institutions have $1.34B invested in PennyMac Mortgage Investment in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 57 increasing their positions, 85 reducing their positions, and 35 closing their positions.
7% more capital invested
Capital invested by funds: $1.26B → $1.34B (+$83.4M)
2.33% less ownership
Funds ownership: 72.3% → 69.97% (-2.3%)
5% less funds holding
Funds holding: 206 → 195 (-11)
29% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 35
33% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 85
44% less call options, than puts
Call options by funds: $13.2M | Put options by funds: $23.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$28.4M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$14.5M |
| 3 |
BlackRock
New York
|
+$12.4M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$10.1M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$9.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$26.8M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$19.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$17M |
| 4 |
IC
IEQ Capital
Foster City,
California
|
-$13.7M |
| 5 |
Morgan Stanley
New York
|
-$13.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -63 | Closed |
|
PMT Hedge Fund Activity: Q1 2021 in Review
195 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q1 2021, worth a combined $1.34B — up 6.6% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PMT and 25 opened new positions — a net loss of 10 holders — while 85 trimmed existing stakes and 57 added.
The largest buyer was Nomura Holdings, adding an estimated $28.4M. The largest seller was D.E. Shaw & Co, cutting an estimated $26.8M.
- 195 institutional investors held PennyMac Mortgage Investment (PMT) as of Q1 2021, down from 206 in Q4 2020.
- Funds reported $1.34B of PennyMac Mortgage Investment stock for Q1 2021, up 6.6% quarter-over-quarter.
- 25 funds opened new PennyMac Mortgage Investment positions in Q1 2021 and 35 closed out, a net change of -10 holders.
- The largest PennyMac Mortgage Investment buyer in Q1 2021 was Nomura Holdings, an estimated $28.4M added.
- The largest PennyMac Mortgage Investment seller in Q1 2021 was D.E. Shaw & Co, an estimated $26.8M sold.
Based on aggregated 13F filings for Q1 2021.