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PMT

PennyMac Mortgage Investment

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: 182193 (+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
Name Holding Trade Value Shares
Change
Change in
Stake
LSERS
76
Louisiana State Employees Retirement System
Louisiana
$649K -$10.7K -800 -2%
YCM
77
Yousif Capital Management
Michigan
$642K -$1.01K -75 -0.2%
Manulife (Manufacturers Life Insurance)
78
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$630K -$9.13K -681 -2%
AIM
79
Aigen Investment Management
New York
$628K +$172K +12,835 +44%
RJA
80
Raymond James & Associates
Florida
$620K -$50.3K -3,751 -8%
Janus Henderson Group
81
Janus Henderson Group
United Kingdom
$618K -$925 -69 -0.2%
Commonwealth Equity Services
82
Commonwealth Equity Services
Massachusetts
$596K +$21.4K +1,597 +4%
Susquehanna International Group
83
Susquehanna International Group
Pennsylvania
$585K +$113K +8,431 +27%
JF
84
Jump Financial
Illinois
$569K +$144K +10,767 +39%
RJFSA
85
Raymond James Financial Services Advisors
Florida
$553K +$154K +11,501 +45%
New York State Common Retirement Fund
86
New York State Common Retirement Fund
New York
$545K -$436K -32,555 -47%
AB
87
Amalgamated Bank
New York
$493K -$12.1K -906 -3%
CT
88
ClearAlpha Technologies
Connecticut
$484K +$434K +32,342 New
MSRPS
89
Maryland State Retirement & Pension System
Maryland
$471K -$5.68K -424 -1%
TRSOTSOK
90
Teachers Retirement System of the State of Kentucky
Kentucky
$464K
TRCT
91
Tower Research Capital (TRC)
New York
$409K +$340K +25,347 +1,245%
SEI Investments
92
SEI Investments
Pennsylvania
$395K -$150K -11,200 -30%
Handelsbanken Fonder
93
Handelsbanken Fonder
Sweden
$389K +$87.1K +6,500 +33%
II
94
Inspire Investing
Idaho
$382K +$12.1K +905 +4%
OPERF
95
Oregon Public Employees Retirement Fund
Oregon
$380K -$5.36K -400 -2%
State Board of Administration of Florida Retirement System
96
State Board of Administration of Florida Retirement System
Florida
$377K
Lido Advisors
97
Lido Advisors
California
$366K +$319K +23,825 New
ASRS
98
Arizona State Retirement System
Arizona
$363K -$9.09K -678 -3%
Squarepoint
99
Squarepoint
New York
$362K +$159K +11,831 +96%
EGM
100
Engineers Gate Manager
New York
$352K -$331K -24,656 -51%

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.