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PMT

PennyMac Mortgage Investment

173 hedge funds and large institutions have $1.11B invested in PennyMac Mortgage Investment in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 62 increasing their positions, 57 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 57

4% less capital invested

Capital invested by funds: $1.17B → $1.11B (-$51.9M)

1.63% less ownership

Funds ownership: 71.76%70.12% (-1.6%)

5% less funds holding

Funds holding: 182173 (-9)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

33% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 24

48% less call options, than puts

Call options by funds: $2M | Put options by funds: $3.88M

Holders
173
Holders Change
-9
Holders Change %
-4.95%
% of All Funds
5.02%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.12%
New
16
Increased
62
Reduced
57
Closed
24
Calls
$2M
Puts
$3.88M
Net Calls
-$1.88M
Net Calls Change
-$6.54M
Name Holding Trade Value Shares
Change
Change in
Stake
RFC
76
Regions Financial Corp
Alabama
$1.31M +$39.1K +1,794 +3%
PPA
77
Parametric Portfolio Associates
Washington
$1.29M +$267K +12,234 +25%
Prudential Financial
78
Prudential Financial
New Jersey
$1.24M -$735K -33,698 -37%
IA
79
IndexIQ Advisors
New York
$1.22M +$64K +2,933 +5%
MLICM
80
Metropolitan Life Insurance Company (MetLife)
New York
$1.21M
GC
81
Guggenheim Capital
Illinois
$1.21M +$569K +26,086 +86%
MAA
82
Managed Account Advisors
New Jersey
$1.17M +$101K +4,642 +9%
FMT
83
First Mercantile Trust
Tennessee
$1.13M
State Board of Administration of Florida Retirement System
84
State Board of Administration of Florida Retirement System
Florida
$1.06M
Connor, Clark & Lunn Investment Management (CC&L)
85
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.06M +$146K +6,700 +16%
HI
86
HBK Investments
Texas
$1.05M -$115K -5,267 -10%
AIG
87
American International Group
New York
$1.05M -$764 -35 -0.1%
Los Angeles Capital Management
88
Los Angeles Capital Management
California
$1.04M -$45.4K -2,080 -4%
WT
89
Whittier Trust
California
$1.02M
RJA
90
Raymond James & Associates
Florida
$1.02M +$810K +37,125 +357%
Citadel Advisors
91
Citadel Advisors
Florida
$913K -$774K -35,491 -45%
BA
92
BlackRock Advisors
Delaware
$885K -$12.8K -587 -1%
PI
93
Placemark Investments
Illinois
$863K -$34.9K -1,599 -4%
AI
94
Analytic Investors
California
$843K -$135K -6,181 -14%
WFG
95
Wills Financial Group
Virginia
$814K -$43.6K -2,000 -5%
VOYA Investment Management
96
VOYA Investment Management
Georgia
$791K
Stifel Financial
97
Stifel Financial
Missouri
$789K +$203K +9,306 +34%
CAM
98
Cortina Asset Management
Wisconsin
$748K +$29.9K +1,370 +4%
CPO
99
Cerity Partners OCIO
New York
$731K +$54.9K +2,518 +8%
Allianz Asset Management
100
Allianz Asset Management
Germany
$728K -$2.52M -115,717 -77%

PMT Hedge Fund Activity: Q3 2014 in Review

173 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q3 2014, worth a combined $1.11B — down 4.5% from $1.17B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of PMT and 16 opened new positions — a net loss of 8 holders — while 57 trimmed existing stakes and 62 added.

The largest buyer was EJF Capital, adding an estimated $74.3M. The largest seller was Hayman Capital Management, exiting entirely with an estimated $46.2M sold.

  • 173 institutional investors held PennyMac Mortgage Investment (PMT) as of Q3 2014, down from 182 in Q2 2014.
  • Funds reported $1.11B of PennyMac Mortgage Investment stock for Q3 2014, down 4.5% quarter-over-quarter.
  • 16 funds opened new PennyMac Mortgage Investment positions in Q3 2014 and 24 closed out, a net change of -8 holders.
  • The largest PennyMac Mortgage Investment buyer in Q3 2014 was EJF Capital, an estimated $74.3M added.
  • The largest PennyMac Mortgage Investment seller in Q3 2014 was Hayman Capital Management, an estimated $46.2M sold.

Based on aggregated 13F filings for Q3 2014.