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PMT

PennyMac Mortgage Investment

176 hedge funds and large institutions have $793M invested in PennyMac Mortgage Investment in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 69 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $751M → $793M (+$42.1M)

1.3% less ownership

Funds ownership: 68.47%67.17% (-1.3%)

5% less funds holding

Funds holding: 186176 (-10)

22% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 69

23% less call options, than puts

Call options by funds: $6.82M | Put options by funds: $8.86M

29% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 31

Holders
176
Holders Change
-10
Holders Change %
-5.38%
% of All Funds
2.76%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
22
Increased
54
Reduced
69
Closed
31
Calls
$6.82M
Puts
$8.86M
Net Calls
-$2.04M
Net Calls Change
+$1.76M
Name Holding Trade Value Shares
Change
Change in
Stake
KPF
26
K2 Principal Fund
Ontario, Canada
$2.96M -$7.59M -620,318 -74%
Natixis Advisors
27
Natixis Advisors
Massachusetts
$2.93M +$779K +63,656 +41%
AllianceBernstein
28
AllianceBernstein
Tennessee
$2.87M -$6.52M -533,341 -71%
T. Rowe Price Associates
29
T. Rowe Price Associates
Maryland
$2.87M +$122K +9,933 +5%
State of New Jersey Common Pension Fund D
30
State of New Jersey Common Pension Fund D
New Jersey
$2.77M +$1.25M +102,387 +99%
Wells Fargo
31
Wells Fargo
California
$2.71M -$166K -13,608 -6%
Swiss National Bank
32
Swiss National Bank
Switzerland
$2.61M +$18.3K +1,500 +0.8%
CF
33
Centaurus Financial
California
$2.54M -$257K -21,017 -10%
LPL Financial
34
LPL Financial
California
$2.4M +$26.7K +2,182 +1%
BRWA
35
B. Riley Wealth Advisors
Florida
$2.38M +$550K +44,930 +34%
Marshall Wace
36
Marshall Wace
United Kingdom
$2.15M -$4.55M -372,097 -70%
Public Sector Pension Investment Board (PSP Investments)
37
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.09M -$12.1K -991 -0.6%
OAC
38
OMERS Administration Corp
Ontario, Canada
$1.81M +$1.64M +134,000 New
New York State Teachers Retirement System (NYSTRS)
39
New York State Teachers Retirement System (NYSTRS)
New York
$1.74M -$12.2K -1,000 -0.8%
Prudential Financial
40
Prudential Financial
New Jersey
$1.53M +$262K +21,436 +23%
Bank of America
41
Bank of America
North Carolina
$1.52M -$347K -28,353 -20%
UBS AM
42
UBS AM
Illinois
$1.51M
California State Teachers Retirement System (CalSTRS)
43
California State Teachers Retirement System (CalSTRS)
California
$1.45M -$43.6K -3,567 -3%
Canada Life
44
Canada Life
Manitoba, Canada
$1.39M -$90K -7,358 -7%
COPPSERS
45
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.33M +$58.9K +4,812 +5%
CS
46
Credit Suisse
Switzerland
$1.21M +$139K +11,364 +15%
Osaic Holdings
47
Osaic Holdings
Arizona
$1.19M -$120K -9,835 -10%
Royal Bank of Canada
48
Royal Bank of Canada
Ontario, Canada
$1.17M -$282K -23,064 -21%
Thrivent Financial for Lutherans
49
Thrivent Financial for Lutherans
Minnesota
$1.13M -$53.5K -4,370 -5%
TPSF
50
Texas Permanent School Fund
Texas
$1.03M -$32.9K -2,692 -3%

PMT Hedge Fund Activity: Q2 2023 in Review

176 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q2 2023, worth a combined $793M — up 5.6% from $751M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of PMT and 22 opened new positions — a net loss of 9 holders — while 69 trimmed existing stakes and 54 added.

The largest buyer was JP Morgan Chase, adding an estimated $11.1M. The largest seller was Goldman Sachs, cutting an estimated $9.18M.

  • 176 institutional investors held PennyMac Mortgage Investment (PMT) as of Q2 2023, down from 186 in Q1 2023.
  • Funds reported $793M of PennyMac Mortgage Investment stock for Q2 2023, up 5.6% quarter-over-quarter.
  • 22 funds opened new PennyMac Mortgage Investment positions in Q2 2023 and 31 closed out, a net change of -9 holders.
  • The largest PennyMac Mortgage Investment buyer in Q2 2023 was JP Morgan Chase, an estimated $11.1M added.
  • The largest PennyMac Mortgage Investment seller in Q2 2023 was Goldman Sachs, an estimated $9.18M sold.

Based on aggregated 13F filings for Q2 2023.