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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
RFN
101
RDA Financial Network
Iowa
$342K -$3.59K -268 -1%
Renaissance Technologies
102
Renaissance Technologies
New York
$332K +$298K +22,192 New
IAIM
103
International Assets Investment Management
Florida
$326K -$18.1K -1,350 -6%
Zurich Cantonal Bank
104
Zurich Cantonal Bank
Switzerland
$326K +$52.7K +3,929 +22%
CWA
105
Clearview Wealth Advisors
Oregon
$318K +$285K +21,294 New
GC
106
Guggenheim Capital
Illinois
$299K +$268K +20,012 New
COPPSERS
107
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$280K -$527K -39,281 -68%
PIA
108
Perennial Investment Advisors
California
$266K +$4.93K +368 +2%
Victory Capital Management
109
Victory Capital Management
Texas
$265K +$32.7K +2,439 +16%
SO
110
STRS Ohio
Ohio
$264K -$16.1K -1,200 -6%
DTL
111
Dynamic Technology Lab
Singapore
$258K +$231K +17,243 New
Cetera Investment Advisers
112
Cetera Investment Advisers
Illinois
$252K +$32.3K +2,412 +17%
BCM
113
Bayesian Capital Management
New York
$250K +$224K +16,700 New
ProShare Advisors
114
ProShare Advisors
Maryland
$244K +$38.9K +2,900 +22%
QC
115
Quadrature Capital
United Kingdom
$234K +$209K +15,613 New
Stifel Financial
116
Stifel Financial
Missouri
$233K -$45.5K -3,394 -18%
Envestnet Asset Management
117
Envestnet Asset Management
Illinois
$233K +$209K +15,606 New
Public Employees Retirement Association of Colorado
118
Public Employees Retirement Association of Colorado
Colorado
$228K
MOACM
119
Mutual of America Capital Management
New York
$227K -$268 -20 -0.1%
WJWM
120
Williams Jones Wealth Management
New York
$217K
SIC
121
Samalin Investment Counsel
New York
$216K -$3.02K -225 -2%
ECM
122
Everence Capital Management
Indiana
$216K
Mackenzie Financial
123
Mackenzie Financial
Ontario, Canada
$214K +$192K +14,303 New
WS
124
Wedbush Securities
California
$208K
AWS
125
Atria Wealth Solutions
New York
$204K +$178K +13,284 New

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.