PennyMac Mortgage Investment
PMT
182 hedge funds and large institutions have $724M invested in PennyMac Mortgage Investment in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 74 reducing their positions, and 17 closing their positions.
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
3% more funds holding
Funds holding: 176 → 182 (+6)
0.12% more ownership
Funds ownership: 67.17% → 67.29% (+0.12%)
9% less capital invested
Capital invested by funds: $793M → $724M (-$69M)
26% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 74
53% less call options, than puts
Call options by funds: $4.13M | Put options by funds: $8.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.75M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$3.72M |
| 3 |
AI
AXS Investments
Port Chester,
New York
|
+$2.84M |
| 4 |
Millennium Management
New York
|
+$1.29M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$6.39M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.12M |
| 3 |
Goldman Sachs
New York
|
-$3.86M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$2.73M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$1.61M |
PMT Hedge Fund Activity: Q3 2023 in Review
182 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q3 2023, worth a combined $724M — down 8.7% from $793M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PMT positions and 17 closed out — a net gain of 7 holders — while 55 added to existing stakes and 74 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $4.75M. The largest seller was BlackRock, cutting an estimated $6.39M.
- 182 institutional investors held PennyMac Mortgage Investment (PMT) as of Q3 2023, up from 176 in Q2 2023.
- Funds reported $724M of PennyMac Mortgage Investment stock for Q3 2023, down 8.7% quarter-over-quarter.
- 24 funds opened new PennyMac Mortgage Investment positions in Q3 2023 and 17 closed out, a net change of +7 holders.
- The largest PennyMac Mortgage Investment buyer in Q3 2023 was Wolverine Asset Management, an estimated $4.75M added.
- The largest PennyMac Mortgage Investment seller in Q3 2023 was BlackRock, an estimated $6.39M sold.
Based on aggregated 13F filings for Q3 2023.