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PMT

PennyMac Mortgage Investment

219 hedge funds and large institutions have $1.45B invested in PennyMac Mortgage Investment in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 106 increasing their positions, 48 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 48

68% more call options, than puts

Call options by funds: $1.47M | Put options by funds: $875K

17% more capital invested

Capital invested by funds: $1.24B → $1.45B (+$214M)

16% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 32

2% more funds holding

Funds holding: 214219 (+5)

0.12% more ownership

Funds ownership: 74.37%74.49% (+0.12%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
219
Holders Change
+5
Holders Change %
+2.34%
% of All Funds
4.8%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
37
Increased
106
Reduced
48
Closed
32
Calls
$1.47M
Puts
$875K
Net Calls
+$598K
Net Calls Change
+$3.27M
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$11.9M +$5.58M +253,291 +90%
Allianz Asset Management
27
Allianz Asset Management
Germany
$10.9M -$1.36M -61,497 -11%
First Trust Advisors
28
First Trust Advisors
Illinois
$10.9M +$614K +27,860 +6%
Two Sigma Investments
29
Two Sigma Investments
New York
$10M -$7.52M -341,134 -43%
Wellington Management Group
30
Wellington Management Group
Massachusetts
$9.1M +$9.03M +409,375 New
PPA
31
Parametric Portfolio Associates
Washington
$8.91M +$261K +11,850 +3%
SGCIA
32
Smith Graham & Co Investment Advisors
Texas
$8.68M +$45.9K +2,080 +0.5%
VanEck Associates
33
VanEck Associates
New York
$8.14M +$1.06M +48,233 +15%
Prudential Financial
34
Prudential Financial
New Jersey
$8.11M -$1.17M -52,911 -13%
TD Asset Management
35
TD Asset Management
Ontario, Canada
$7.45M +$6.37M +288,700 +624%
WG
36
Winton Group
United Kingdom
$7.09M +$5.63M +255,193 +400%
Wells Fargo
37
Wells Fargo
California
$7.09M +$438K +19,877 +7%
Legal & General Group
38
Legal & General Group
United Kingdom
$6.36M +$895K +40,577 +17%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$6.2M +$1.07M +48,668 +21%
CS
40
Credit Suisse
Switzerland
$6.07M +$1.8M +81,434 +43%
Voloridge Investment Management
41
Voloridge Investment Management
Florida
$5.59M +$4.31M +195,284 +349%
MSL
42
Mackay Shields LLC
New York
$5.59M +$1.61M +73,135 +41%
Citadel Advisors
43
Citadel Advisors
Florida
$5.33M -$4.59M -207,986 -46%
Bank of America
44
Bank of America
North Carolina
$5.14M +$1.06M +47,862 +26%
Public Sector Pension Investment Board (PSP Investments)
45
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.96M +$1.2M +54,376 +32%
Connor, Clark & Lunn Investment Management (CC&L)
46
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$4.61M +$2.64M +119,900 +137%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$4.37M +$384K +17,402 +10%
AllianceBernstein
48
AllianceBernstein
Tennessee
$4.23M -$201K -9,106 -5%
Deutsche Bank
49
Deutsche Bank
Germany
$4.04M -$4.45M -201,812 -53%
Swiss National Bank
50
Swiss National Bank
Switzerland
$3.62M +$476K +21,600 +15%

PMT Hedge Fund Activity: Q3 2019 in Review

219 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q3 2019, worth a combined $1.45B — up 17% from $1.24B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new PMT positions and 32 closed out — a net gain of 5 holders — while 106 added to existing stakes and 48 trimmed.

The largest buyer was BlackRock, adding an estimated $42.4M. The largest seller was Thornburg Investment Management, cutting an estimated $7.74M.

  • 219 institutional investors held PennyMac Mortgage Investment (PMT) as of Q3 2019, up from 214 in Q2 2019.
  • Funds reported $1.45B of PennyMac Mortgage Investment stock for Q3 2019, up 17% quarter-over-quarter.
  • 37 funds opened new PennyMac Mortgage Investment positions in Q3 2019 and 32 closed out, a net change of +5 holders.
  • The largest PennyMac Mortgage Investment buyer in Q3 2019 was BlackRock, an estimated $42.4M added.
  • The largest PennyMac Mortgage Investment seller in Q3 2019 was Thornburg Investment Management, an estimated $7.74M sold.

Based on aggregated 13F filings for Q3 2019.