We are live on ! Find out more
PMT

PennyMac Mortgage Investment
PMT

182 hedge funds and large institutions have $1.17B invested in PennyMac Mortgage Investment in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 66 increasing their positions, 59 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

102% more call options, than puts

Call options by funds: $9.23M | Put options by funds: $4.57M

12% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 59

1% less funds holding

Funds holding: 183 → 182 (-1)

4% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 25

12.57% less ownership

Funds ownership: 84.32% → 71.76% (-13%)

43% less capital invested

Capital invested by funds: $2.05B → $1.17B (-$880M)

50% less funds holding in top 10

Funds holding in top 10: 10 → 5 (-5)

Holders
182
Holders Change
-1
Holders Change %
-0.55%
% of All Funds
5.23%
Holding in Top 10
5
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-50%
% of All Funds
0.14%
New
24
Increased
66
Reduced
59
Closed
25
Calls
$9.23M
Puts
$4.57M
Net Calls
+$4.67M
Net Calls Change
-$5.65M

Top Buyers

Rank Fund Capital Flow
1
EC
EJF Capital
Virginia
+$33.3M
2
Norges Bank
Norges Bank
Norway
+$19.3M
3
RIM
RS Investment Management
California
+$13.5M
4
First Trust Advisors
First Trust Advisors
Illinois
+$11.3M
5
CLG
Cooperman Leon G
+$7.87M

Top Sellers

Rank Fund Capital Flow
1
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$180M
2
Morgan Stanley
Morgan Stanley
New York
-$17.1M
3
JAM
Jacobs Asset Management
New York
-$13.7M
4
GA
GRS Advisors
Illinois
-$11.7M
5
Citadel Advisors
Citadel Advisors
Florida
-$9.42M
Name Holding Trade Value Shares
Change 		Change in
Stake
MVP
76
Miller Value Partners
Florida
$1.68M +$928K +41,700 +119%
Swiss National Bank
77
Swiss National Bank
Switzerland
$1.66M – – –
MWR
78
McAdams Wright Ragen
Washington
$1.66M +$56.1K +2,521 +3%
SAM
79
Shell Asset Management
Netherlands
$1.63M -$19.3K -865 -1%
UM
80
Ulysses Management
New York
$1.54M +$111K +5,000 +8%
EWM
81
Edge Wealth Management
New York
$1.51M +$902K +40,523 +142%
RFC
82
Russell Frank Company
Washington
$1.5M +$296K +13,300 +23%
OAM
83
Oberweis Asset Management
Illinois
$1.36M -$4.54M -203,726 -77%
RFC
84
Regions Financial Corp
Alabama
$1.3M +$61.7K +2,770 +5%
MPAM
85
Monarch Partners Asset Management
Massachusetts
$1.27M +$64.6K +2,900 +5%
Fifth Third Bancorp
86
Fifth Third Bancorp
Ohio
$1.25M -$6.43K -289 -0.5%
MLICM
87
Metropolitan Life Insurance Company (MetLife)
New York
$1.24M – – –
HI
88
HBK Investments
Texas
$1.2M +$865K +38,876 +249%
IA
89
IndexIQ Advisors
New York
$1.19M +$68.9K +3,097 +6%
FMT
90
First Mercantile Trust
Tennessee
$1.16M -$33.4K -1,500 -3%
SO
91
STRS Ohio
Ohio
$1.15M +$608K +27,300 +108%
Los Angeles Capital Management
92
Los Angeles Capital Management
California
$1.11M +$1.13M +50,660 New
MAA
93
Managed Account Advisors
New Jersey
$1.09M +$90.5K +4,064 +9%
State Board of Administration of Florida Retirement System
94
State Board of Administration of Florida Retirement System
Florida
$1.09M – – –
AIG
95
American International Group
New York
$1.07M -$111 -5 -0%
PPA
96
Parametric Portfolio Associates
Washington
$1.05M -$23.3K -1,047 -2%
WT
97
Whittier Trust
California
$1.04M -$78.5K -3,525 -7%
Manulife (Manufacturers Life Insurance)
98
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.01M -$142K -6,396 -12%
Connor, Clark & Lunn Investment Management (CC&L)
99
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1M +$701K +31,500 +279%
AI
100
Analytic Investors
California
$999K +$1.01M +45,512 New
2 3
4
5 6

PMT Hedge Fund Activity: Q2 2014 in Review

182 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q2 2014, worth a combined $1.17B — down 43% from $2.05B a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of PMT and 24 opened new positions — a net loss of 1 holder — while 59 trimmed existing stakes and 66 added.

The largest buyer was EJF Capital, opening a new position worth an estimated $33.3M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $180M.

  • 182 institutional investors held PennyMac Mortgage Investment (PMT) as of Q2 2014, down from 183 in Q1 2014.
  • Funds reported $1.17B of PennyMac Mortgage Investment stock for Q2 2014, down 43% quarter-over-quarter.
  • 24 funds opened new PennyMac Mortgage Investment positions in Q2 2014 and 25 closed out, a net change of -1 holder.
  • The largest PennyMac Mortgage Investment buyer in Q2 2014 was EJF Capital, an estimated $33.3M added.
  • The largest PennyMac Mortgage Investment seller in Q2 2014 was BNP Paribas Financial Markets, an estimated $180M sold.

Based on aggregated 13F filings for Q2 2014.