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PMT

PennyMac Mortgage Investment

171 hedge funds and large institutions have $1.05B invested in PennyMac Mortgage Investment in 2014 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 55 increasing their positions, 55 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

0% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 55

1% less funds holding

Funds holding: 173171 (-2)

3.47% less ownership

Funds ownership: 70.12%66.66% (-3.5%)

6% less capital invested

Capital invested by funds: $1.11B → $1.05B (-$64.7M)

44% less call options, than puts

Call options by funds: $1.86M | Put options by funds: $3.31M

Holders
171
Holders Change
-2
Holders Change %
-1.16%
% of All Funds
4.56%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.16%
New
21
Increased
55
Reduced
55
Closed
18
Calls
$1.86M
Puts
$3.31M
Net Calls
-$1.45M
Net Calls Change
+$427K
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Advisers
26
Two Sigma Advisers
New York
$12.2M +$8.24M +382,600 +196%
JP Morgan Chase
27
JP Morgan Chase
New York
$11.4M -$1.1M -51,237 -9%
Deutsche Bank
28
Deutsche Bank
Germany
$10.6M +$2M +93,031 +23%
HCM
29
Highfields Capital Management
Massachusetts
$10.5M
Two Sigma Investments
30
Two Sigma Investments
New York
$9.97M +$6.94M +322,610 +215%
American Century Companies
31
American Century Companies
Missouri
$9.79M +$841K +39,087 +9%
GXMC
32
Global X Management Company
New York
$9.07M -$255K -11,850 -3%
Geode Capital Management
33
Geode Capital Management
Massachusetts
$8.69M +$53.7K +2,494 +0.6%
BJ
34
BlackRock Japan
Japan
$8.43M
Bank of New York Mellon
35
Bank of New York Mellon
New York
$7.72M -$107K -4,957 -1%
CS
36
Credit Suisse
Switzerland
$7.63M +$418K +19,412 +6%
TCIM
37
TIAA CREF Investment Management
New York
$6.78M -$46.3K -2,150 -0.7%
LTI
38
Laffer Tengler Investments
Tennessee
$6.75M
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$6.33M +$92.6K +4,300 +2%
ZC
40
Zelman Capital
Ohio
$6.33M +$6.46M +300,000 New
BlackRock
41
BlackRock
New York
$5.59M
Charles Schwab
42
Charles Schwab
California
$5.06M +$482K +22,370 +10%
BIM
43
BlackRock Investment Management
Delaware
$4.39M -$26.4K -1,227 -0.6%
VanEck Associates
44
VanEck Associates
New York
$4.34M +$601K +27,931 +16%
RTIM
45
Round Table Investment Management
North Carolina
$4.05M -$11.7M -543,086 -74%
QI
46
QS Investors
New York
$4.03M +$4.11M +190,954 New
RFC
47
Russell Frank Company
Washington
$3.92M +$2.1M +97,628 +111%
Susquehanna International Group
48
Susquehanna International Group
Pennsylvania
$3.64M -$1.05M -48,940 -22%
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$2.91M +$27.6K +1,284 +0.9%
D.E. Shaw & Co
50
D.E. Shaw & Co
New York
$2.83M +$257K +11,960 +10%

PMT Hedge Fund Activity: Q4 2014 in Review

171 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q4 2014, worth a combined $1.05B — down 5.8% from $1.11B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PMT positions and 18 closed out — a net gain of 3 holders — while 55 added to existing stakes and 55 trimmed.

The largest buyer was Millennium Management, adding an estimated $25.6M. The largest seller was EJF Capital, cutting an estimated $40.1M.

  • 171 institutional investors held PennyMac Mortgage Investment (PMT) as of Q4 2014, down from 173 in Q3 2014.
  • Funds reported $1.05B of PennyMac Mortgage Investment stock for Q4 2014, down 5.8% quarter-over-quarter.
  • 21 funds opened new PennyMac Mortgage Investment positions in Q4 2014 and 18 closed out, a net change of +3 holders.
  • The largest PennyMac Mortgage Investment buyer in Q4 2014 was Millennium Management, an estimated $25.6M added.
  • The largest PennyMac Mortgage Investment seller in Q4 2014 was EJF Capital, an estimated $40.1M sold.

Based on aggregated 13F filings for Q4 2014.