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PMT

PennyMac Mortgage Investment

186 hedge funds and large institutions have $839M invested in PennyMac Mortgage Investment in 2018 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 69 increasing their positions, 52 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

118% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 17

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

33% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 52

11% more funds holding

Funds holding: 167186 (+19)

0.9% more ownership

Funds ownership: 72.88%73.78% (+0.9%)

4% less call options, than puts

Call options by funds: $568K | Put options by funds: $593K

7% less capital invested

Capital invested by funds: $899M → $839M (-$59.4M)

Holders
186
Holders Change
+19
Holders Change %
+11.38%
% of All Funds
4.14%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
37
Increased
69
Reduced
52
Closed
17
Calls
$568K
Puts
$593K
Net Calls
-$25K
Net Calls Change
-$706K
Name Holding Trade Value Shares
Change
Change in
Stake
Balyasny Asset Management
101
Balyasny Asset Management
Illinois
$445K +$477K +23,925 New
OPERF
102
Oregon Public Employees Retirement Fund
Oregon
$432K +$462K +23,180 New
BAM
103
Blueshift Asset Management
New Jersey
$427K +$458K +22,950 New
LSERS
104
Louisiana State Employees Retirement System
Louisiana
$425K -$81.2K -4,073 -15%
Mackenzie Financial
105
Mackenzie Financial
Ontario, Canada
$423K
FRM
106
Fox Run Management
Connecticut
$410K +$233K +11,694 +113%
AG
107
Advisor Group
Arizona
$404K +$311K +15,603 +257%
COPPSERS
108
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$389K +$127K +6,349 +44%
AG
109
Aperio Group
California
$388K +$8K +401 +2%
SEI Investments
110
SEI Investments
Pennsylvania
$385K +$379K +18,984 +598%
SOADOR
111
State of Alaska Department of Revenue
Alaska
$379K +$6.68K +335 +2%
MLICM
112
Metropolitan Life Insurance Company (MetLife)
New York
$374K
PAM
113
Panagora Asset Management
Massachusetts
$374K -$203K -10,162 -34%
MSA
114
Mason Street Advisors
Wisconsin
$352K +$17.3K +868 +5%
XK
115
Xact Kapitalforvaltning
Sweden
$343K
Janney Montgomery Scott
116
Janney Montgomery Scott
Pennsylvania
$340K -$16.4K -824 -4%
Cambridge Investment Research Advisors
117
Cambridge Investment Research Advisors
Iowa
$339K -$1.81K -91 -0.5%
LCM
118
Laurion Capital Management
New York
$331K +$355K +17,797 New
MERSOM
119
Municipal Employees' Retirement System of Michigan
Michigan
$328K +$352K +17,630 New
P
120
&Partners
Tennessee
$319K +$342K +17,133 New
CANY
121
Caxton Associates (New York)
New York
$313K +$335K +16,809 New
ECM
122
Element Capital Management
New York
$311K -$117K -5,852 -26%
RJFSA
123
Raymond James Financial Services Advisors
Florida
$303K -$32K -1,604 -9%
SO
124
STRS Ohio
Ohio
$299K
O
125
OppenheimerFunds
New York
$290K -$57.8K -2,898 -16%

PMT Hedge Fund Activity: Q4 2018 in Review

186 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q4 2018, worth a combined $839M — down 6.6% from $899M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new PMT positions and 17 closed out — a net gain of 20 holders — while 69 added to existing stakes and 52 trimmed.

The largest buyer was Bessemer Group, adding an estimated $10.2M. The largest seller was Invesco, cutting an estimated $11.8M.

  • 186 institutional investors held PennyMac Mortgage Investment (PMT) as of Q4 2018, up from 167 in Q3 2018.
  • Funds reported $839M of PennyMac Mortgage Investment stock for Q4 2018, down 6.6% quarter-over-quarter.
  • 37 funds opened new PennyMac Mortgage Investment positions in Q4 2018 and 17 closed out, a net change of +20 holders.
  • The largest PennyMac Mortgage Investment buyer in Q4 2018 was Bessemer Group, an estimated $10.2M added.
  • The largest PennyMac Mortgage Investment seller in Q4 2018 was Invesco, an estimated $11.8M sold.

Based on aggregated 13F filings for Q4 2018.