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PMT

PennyMac Mortgage Investment

163 hedge funds and large institutions have $1.52B invested in PennyMac Mortgage Investment in 2013 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 69 increasing their positions, 37 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

280% more call options, than puts

Call options by funds: $22.3M | Put options by funds: $5.85M

86% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 37

25% more capital invested

Capital invested by funds: $1.22B → $1.52B (+$304M)

23% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 22

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

2.95% more ownership

Funds ownership: 62.14%65.09% (+3%)

2% more funds holding

Funds holding: 160163 (+3)

Holders
163
Holders Change
+3
Holders Change %
+1.88%
% of All Funds
5.29%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.23%
New
27
Increased
69
Reduced
37
Closed
22
Calls
$22.3M
Puts
$5.85M
Net Calls
+$16.4M
Net Calls Change
+$16.1M
Name Holding Trade Value Shares
Change
Change in
Stake
AIU
101
Algebris Investments (UK)
United Kingdom
$769K +$740K +33,900 New
SO
102
STRS Ohio
Ohio
$723K +$96.1K +4,400 +16%
BIG
103
Blackthorn Investment Group
Kansas
$681K +$656K +30,035 New
Axa
104
Axa
France
$665K
Citigroup
105
Citigroup
New York
$628K -$313K -14,307 -34%
PI
106
Placemark Investments
Illinois
$624K +$235K +10,763 +64%
Wellington Management Group
107
Wellington Management Group
Massachusetts
$610K -$50.7K -2,323 -8%
GC
108
Guggenheim Capital
Illinois
$570K +$282K +12,902 +106%
B
109
Baird
Wisconsin
$548K +$17.4K +796 +3%
V
110
Veritable
Delaware
$532K -$63.6K -2,910 -11%
TC
111
TFS Capital
Pennsylvania
$529K +$158K +7,225 +45%
PAA
112
Peregrine Asset Advisers
Oregon
$513K
UBS AM
113
UBS AM
Illinois
$479K
Citadel Advisors
114
Citadel Advisors
Florida
$458K +$441K +20,185 New
US Bancorp
115
US Bancorp
Minnesota
$456K +$98.4K +4,505 +29%
OWIM
116
Old West Investment Management
California
$453K
Natixis Advisors
117
Natixis Advisors
Massachusetts
$451K +$8.19K +375 +2%
WRM
118
Westport Resources Management
Connecticut
$443K +$8.52K +390 +2%
MFS
119
MSI Financial Services
Massachusetts
$433K +$12.2K +560 +3%
Grantham, Mayo, Van Otterloo & Co (GMO)
120
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$430K -$50.6K -2,315 -11%
SNC
121
Stifel Nicolaus & Co
Missouri
$427K +$34.1K +1,560 +9%
Credit Agricole
122
Credit Agricole
France
$424K +$408K +18,685 New
EWM
123
Edge Wealth Management
New York
$396K +$69.9K +3,200 +22%
OC
124
Oppenheimer & Co
New York
$396K +$382K +17,471 New
Principal Financial Group
125
Principal Financial Group
Iowa
$394K +$44.8K +2,052 +13%

PMT Hedge Fund Activity: Q3 2013 in Review

163 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q3 2013, worth a combined $1.52B — up 25% from $1.22B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PMT positions and 22 closed out — a net gain of 5 holders — while 69 added to existing stakes and 37 trimmed.

The largest buyer was Hayman Capital Management, opening a new position worth an estimated $78M. The largest seller was Highbridge Capital Management, cutting an estimated $43.9M.

  • 163 institutional investors held PennyMac Mortgage Investment (PMT) as of Q3 2013, up from 160 in Q2 2013.
  • Funds reported $1.52B of PennyMac Mortgage Investment stock for Q3 2013, up 25% quarter-over-quarter.
  • 27 funds opened new PennyMac Mortgage Investment positions in Q3 2013 and 22 closed out, a net change of +5 holders.
  • The largest PennyMac Mortgage Investment buyer in Q3 2013 was Hayman Capital Management, an estimated $78M added.
  • The largest PennyMac Mortgage Investment seller in Q3 2013 was Highbridge Capital Management, an estimated $43.9M sold.

Based on aggregated 13F filings for Q3 2013.