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PMT

PennyMac Mortgage Investment

163 hedge funds and large institutions have $835M invested in PennyMac Mortgage Investment in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 50 increasing their positions, 62 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more call options, than puts

Call options by funds: $2.06M | Put options by funds: $1.14M

27% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 15

1% more funds holding

Funds holding: 161163 (+2)

1% more capital invested

Capital invested by funds: $830M → $835M (+$5.13M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3.61% less ownership

Funds ownership: 75.87%72.26% (-3.6%)

19% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 62

Holders
163
Holders Change
+2
Holders Change %
+1.24%
% of All Funds
3.73%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
19
Increased
50
Reduced
62
Closed
15
Calls
$2.06M
Puts
$1.14M
Net Calls
+$915K
Net Calls Change
+$356K
Name Holding Trade Value Shares
Change
Change in
Stake
Acadian Asset Management
26
Acadian Asset Management
Massachusetts
$5.11M +$4.93M +269,216 New
California Public Employees Retirement System
27
California Public Employees Retirement System
California
$4.68M -$1.12M -61,287 -20%
VanEck Associates
28
VanEck Associates
New York
$4.56M -$534K -29,105 -11%
Bank of America
29
Bank of America
North Carolina
$4.23M +$578K +31,546 +16%
Wells Fargo
30
Wells Fargo
California
$4.22M -$368K -20,085 -8%
GIM
31
Greenwich Investment Management
Connecticut
$3.84M -$261K -14,216 -7%
Barclays
32
Barclays
United Kingdom
$3.7M +$2.99M +162,893 +509%
Hotchkis & Wiley Capital Management
33
Hotchkis & Wiley Capital Management
California
$3.61M +$2.53M +138,142 +265%
Legal & General Group
34
Legal & General Group
United Kingdom
$3.24M +$132K +7,193 +4%
Prudential Financial
35
Prudential Financial
New Jersey
$3.13M +$1.14M +62,070 +60%
QI
36
QS Investors
New York
$2.96M -$828K -45,189 -22%
RhumbLine Advisers
37
RhumbLine Advisers
Massachusetts
$2.83M +$14.8K +806 +0.5%
JP Morgan Chase
38
JP Morgan Chase
New York
$2.8M +$699K +38,148 +35%
Renaissance Technologies
39
Renaissance Technologies
New York
$2.75M -$3.42M -186,806 -56%
TCIM
40
TIAA CREF Investment Management
New York
$2.64M -$220K -12,019 -8%
First Trust Advisors
41
First Trust Advisors
Illinois
$2.56M -$8.47M -461,946 -77%
State Board of Administration of Florida Retirement System
42
State Board of Administration of Florida Retirement System
Florida
$2.45M +$1.48M +80,609 +166%
WAM
43
Wolverine Asset Management
Illinois
$2.29M -$14.5M -793,285 -87%
PI
44
PineBridge Investments
New York
$2.23M +$298K +16,272 +16%
TA
45
Teachers Advisors
New York
$2.19M +$55.3K +3,016 +3%
EGPO
46
EnTrust Global Partners Offshore
New York
$2.12M -$579K -31,600 -22%
Swiss National Bank
47
Swiss National Bank
Switzerland
$2.03M -$172K -9,400 -8%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$1.74M -$12.5K -683 -0.7%
ASRS
49
Arizona State Retirement System
Arizona
$1.68M -$131K -7,121 -7%
Bessemer Group
50
Bessemer Group
New Jersey
$1.55M

PMT Hedge Fund Activity: Q2 2018 in Review

163 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q2 2018, worth a combined $835M — up 0.62% from $830M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new PMT positions and 15 closed out — a net gain of 4 holders — while 50 added to existing stakes and 62 trimmed.

The largest buyer was Invesco, adding an estimated $13.6M. The largest seller was Wolverine Asset Management, cutting an estimated $14.5M.

  • 163 institutional investors held PennyMac Mortgage Investment (PMT) as of Q2 2018, up from 161 in Q1 2018.
  • Funds reported $835M of PennyMac Mortgage Investment stock for Q2 2018, up 0.62% quarter-over-quarter.
  • 19 funds opened new PennyMac Mortgage Investment positions in Q2 2018 and 15 closed out, a net change of +4 holders.
  • The largest PennyMac Mortgage Investment buyer in Q2 2018 was Invesco, an estimated $13.6M added.
  • The largest PennyMac Mortgage Investment seller in Q2 2018 was Wolverine Asset Management, an estimated $14.5M sold.

Based on aggregated 13F filings for Q2 2018.