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PMT

PennyMac Mortgage Investment
PMT

193 hedge funds and large institutions have $891M invested in PennyMac Mortgage Investment in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 70 increasing their positions, 64 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 23

23% more capital invested

Capital invested by funds: $724M → $891M (+$167M)

6% more funds holding

Funds holding: 182 → 193 (+11)

1.4% more ownership

Funds ownership: 67.29% → 68.69% (+1.4%)

9% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 64

68% less call options, than puts

Call options by funds: $5.94M | Put options by funds: $18.7M

Holders
193
Holders Change
+11
Holders Change %
+6.04%
% of All Funds
2.81%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
35
Increased
70
Reduced
64
Closed
23
Calls
$5.94M
Puts
$18.7M
Net Calls
-$12.7M
Net Calls Change
-$8.14M

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$19.5M
2
First Trust Advisors
First Trust Advisors
Illinois
+$6.98M
3
BlackRock
BlackRock
New York
+$4.54M
4
N
Nuveen
North Carolina
+$2.49M
5
Barclays
Barclays
United Kingdom
+$1.93M

Top Sellers

Rank Fund Capital Flow
1
JP Morgan Chase
JP Morgan Chase
New York
-$8.38M
2
WAM
Wolverine Asset Management
Illinois
-$7.82M
3
Invesco
Invesco
Georgia
-$7.04M
4
Goldman Sachs
Goldman Sachs
New York
-$2.75M
5
Citadel Advisors
Citadel Advisors
Florida
-$2.64M
Name Holding Trade Value Shares
Change 		Change in
Stake
Barclays
26
Barclays
United Kingdom
$3.42M +$1.93M +143,607 +168%
AllianceBernstein
27
AllianceBernstein
Tennessee
$3.21M +$224K +16,700 +8%
T. Rowe Price Associates
28
T. Rowe Price Associates
Maryland
$3.08M +$21.2K +1,582 +0.8%
BRWA
29
B. Riley Wealth Advisors
Florida
$3.06M +$251K +18,695 +10%
AI
30
AXS Investments
New York
$2.83M -$375K -27,942 -13%
State of New Jersey Common Pension Fund D
31
State of New Jersey Common Pension Fund D
New Jersey
$2.79M – – –
LPL Financial
32
LPL Financial
California
$2.75M +$9.96K +743 +0.4%
Public Sector Pension Investment Board (PSP Investments)
33
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.69M +$976K +72,806 +68%
Swiss National Bank
34
Swiss National Bank
Switzerland
$2.56M -$302K -22,500 -12%
CF
35
Centaurus Financial
California
$2.45M -$173K -12,904 -7%
Wells Fargo
36
Wells Fargo
California
$2.22M -$333K -24,870 -14%
AP
37
Advisors Preferred
Maryland
$2.1M +$1.88M +140,333 New
UBS AM
38
UBS AM
Illinois
$1.93M -$8.22K -613 -0.5%
OAC
39
OMERS Administration Corp
Ontario, Canada
$1.91M -$173K -12,900 -9%
New York State Teachers Retirement System (NYSTRS)
40
New York State Teachers Retirement System (NYSTRS)
New York
$1.9M -$9.38K -700 -0.5%
Tudor Investment Corp
41
Tudor Investment Corp
Connecticut
$1.84M +$1.4M +104,109 +547%
UBS Group
42
UBS Group
Switzerland
$1.83M +$1.56M +116,371 +1,915%
Jane Street
43
Jane Street
New York
$1.73M +$1.28M +95,683 +477%
D.E. Shaw & Co
44
D.E. Shaw & Co
New York
$1.6M +$1.24M +92,285 +629%
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$1.6M +$171K +12,787 +14%
Bank of America
46
Bank of America
North Carolina
$1.57M -$556K -41,493 -28%
Prudential Financial
47
Prudential Financial
New Jersey
$1.56M +$23.5K +1,755 +2%
Canada Life
48
Canada Life
Manitoba, Canada
$1.49M -$66.2K -4,938 -5%
CS
49
Credit Suisse
Switzerland
$1.4M +$118K +8,785 +10%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$1.37M -$71K -5,299 -5%
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PMT Hedge Fund Activity: Q4 2023 in Review

193 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q4 2023, worth a combined $891M — up 23% from $724M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new PMT positions and 23 closed out — a net gain of 12 holders — while 70 added to existing stakes and 64 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $19.5M. The largest seller was JP Morgan Chase, cutting an estimated $8.38M.

  • 193 institutional investors held PennyMac Mortgage Investment (PMT) as of Q4 2023, up from 182 in Q3 2023.
  • Funds reported $891M of PennyMac Mortgage Investment stock for Q4 2023, up 23% quarter-over-quarter.
  • 35 funds opened new PennyMac Mortgage Investment positions in Q4 2023 and 23 closed out, a net change of +12 holders.
  • The largest PennyMac Mortgage Investment buyer in Q4 2023 was Morgan Stanley, an estimated $19.5M added.
  • The largest PennyMac Mortgage Investment seller in Q4 2023 was JP Morgan Chase, an estimated $8.38M sold.

Based on aggregated 13F filings for Q4 2023.