PennyMac Mortgage Investment
PMT
158 hedge funds and large institutions have $809M invested in PennyMac Mortgage Investment in 2017 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 53 increasing their positions, 47 reducing their positions, and 12 closing their positions.
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
13% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 47
10% more funds holding
Funds holding: 144 → 158 (+14)
2% more capital invested
Capital invested by funds: $791M → $809M (+$17.9M)
7.51% less ownership
Funds ownership: 66.64% → 59.13% (-7.5%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
47% less call options, than puts
Call options by funds: $1.07M | Put options by funds: $2.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$5.07M |
| 2 |
Millennium Management
New York
|
+$4.07M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.83M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.77M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$24.9M |
| 2 |
SI
Sapience Investments
Newport Beach,
California
|
-$9.69M |
| 3 |
Citigroup
New York
|
-$6.78M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$2.78M |
| 5 |
Goldman Sachs
New York
|
-$1.11M |
PMT Hedge Fund Activity: Q2 2017 in Review
158 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q2 2017, worth a combined $809M — up 2.3% from $791M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new PMT positions and 12 closed out — a net gain of 14 holders — while 53 added to existing stakes and 47 trimmed.
The largest buyer was Clough Capital Partners, adding an estimated $5.07M. The largest seller was Delphi Financial Group, cutting an estimated $24.9M.
- 158 institutional investors held PennyMac Mortgage Investment (PMT) as of Q2 2017, up from 144 in Q1 2017.
- Funds reported $809M of PennyMac Mortgage Investment stock for Q2 2017, up 2.3% quarter-over-quarter.
- 26 funds opened new PennyMac Mortgage Investment positions in Q2 2017 and 12 closed out, a net change of +14 holders.
- The largest PennyMac Mortgage Investment buyer in Q2 2017 was Clough Capital Partners, an estimated $5.07M added.
- The largest PennyMac Mortgage Investment seller in Q2 2017 was Delphi Financial Group, an estimated $24.9M sold.
Based on aggregated 13F filings for Q2 2017.