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PMT

PennyMac Mortgage Investment

214 hedge funds and large institutions have $1.24B invested in PennyMac Mortgage Investment in 2019 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 110 increasing their positions, 39 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

182% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 39

38% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 26

20% more capital invested

Capital invested by funds: $1.03B → $1.24B (+$207M)

2% more funds holding

Funds holding: 209214 (+5)

0.93% more ownership

Funds ownership: 73.44%74.37% (+0.93%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

52% less call options, than puts

Call options by funds: $2.45M | Put options by funds: $5.13M

Holders
214
Holders Change
+5
Holders Change %
+2.39%
% of All Funds
4.65%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
36
Increased
110
Reduced
39
Closed
26
Calls
$2.45M
Puts
$5.13M
Net Calls
-$2.68M
Net Calls Change
-$3.16M
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
26
Citadel Advisors
Florida
$9.78M +$2.63M +124,071 +38%
Prudential Financial
27
Prudential Financial
New Jersey
$9.12M +$2.42M +113,881 +37%
PPA
28
Parametric Portfolio Associates
Washington
$8.49M -$502K -23,634 -6%
SGCIA
29
Smith Graham & Co Investment Advisors
Texas
$8.48M -$20.2K -950 -0.2%
Deutsche Bank
30
Deutsche Bank
Germany
$8.37M +$1.62M +76,383 +25%
Renaissance Technologies
31
Renaissance Technologies
New York
$7.77M +$2.26M +106,600 +43%
VanEck Associates
32
VanEck Associates
New York
$6.94M +$1.25M +59,034 +23%
Wells Fargo
33
Wells Fargo
California
$6.52M +$1.35M +63,542 +27%
N
34
Nuveen
North Carolina
$6.16M +$5.99M +282,391 New
Blackstone Inc
35
Blackstone Inc
New York
$5.46M +$5.31M +250,000 New
Legal & General Group
36
Legal & General Group
United Kingdom
$5.36M +$668K +31,466 +15%
MAM
37
Martingale Asset Management
Massachusetts
$5.23M -$970K -45,700 -16%
Arrowstreet Capital
38
Arrowstreet Capital
Massachusetts
$5.13M +$598K +28,199 +14%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$5.03M +$815K +38,398 +20%
CC
40
Cipher Capital
New York
$4.39M +$3.78M +178,228 +777%
GAMA
41
Graticule Asia Macro Advisors
New York
$4.37M +$4.24M +200,000 New
AllianceBernstein
42
AllianceBernstein
Tennessee
$4.35M +$1.39M +65,372 +49%
CS
43
Credit Suisse
Switzerland
$4.18M +$1.14M +53,698 +39%
Bank of America
44
Bank of America
North Carolina
$4M +$136K +6,429 +4%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$3.91M -$131K -6,158 -3%
MSL
46
Mackay Shields LLC
New York
$3.89M +$3.09M +145,635 +448%
Public Sector Pension Investment Board (PSP Investments)
47
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.68M +$1.06M +50,100 +42%
USAA
48
United Services Automobile Association
Texas
$3.25M +$175K +8,249 +6%
Swiss National Bank
49
Swiss National Bank
Switzerland
$3.09M +$371K +17,500 +14%
CSS
50
Cubist Systematic Strategies
Connecticut
$3.05M +$2.14M +101,050 +261%

PMT Hedge Fund Activity: Q2 2019 in Review

214 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q2 2019, worth a combined $1.24B — up 20% from $1.03B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new PMT positions and 26 closed out — a net gain of 10 holders — while 110 added to existing stakes and 39 trimmed.

The largest buyer was BlackRock, adding an estimated $36.2M. The largest seller was Citigroup, cutting an estimated $22.9M.

  • 214 institutional investors held PennyMac Mortgage Investment (PMT) as of Q2 2019, up from 209 in Q1 2019.
  • Funds reported $1.24B of PennyMac Mortgage Investment stock for Q2 2019, up 20% quarter-over-quarter.
  • 36 funds opened new PennyMac Mortgage Investment positions in Q2 2019 and 26 closed out, a net change of +10 holders.
  • The largest PennyMac Mortgage Investment buyer in Q2 2019 was BlackRock, an estimated $36.2M added.
  • The largest PennyMac Mortgage Investment seller in Q2 2019 was Citigroup, an estimated $22.9M sold.

Based on aggregated 13F filings for Q2 2019.