We are live on ! Find out more
PMT

PennyMac Mortgage Investment
PMT

170 hedge funds and large institutions have $1.84B invested in PennyMac Mortgage Investment in 2013 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 57 increasing their positions, 55 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

128% more call options, than puts

Call options by funds: $16.6M | Put options by funds: $7.29M

36% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 22

21% more capital invested

Capital invested by funds: $1.52B → $1.84B (+$319M)

14% more funds holding in top 10

Funds holding in top 10: 7 → 8 (+1)

6% more ownership

Funds ownership: 65.09% → 71.09% (+6%)

4% more funds holding

Funds holding: 163 → 170 (+7)

4% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 55

Holders
170
Holders Change
+7
Holders Change %
+4.29%
% of All Funds
4.93%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.23%
New
30
Increased
57
Reduced
55
Closed
22
Calls
$16.6M
Puts
$7.29M
Net Calls
+$9.35M
Net Calls Change
-$7.06M

Top Buyers

Rank Fund Capital Flow
1
DFG
Delphi Financial Group
Delaware
+$26.7M
2
Wells Fargo
Wells Fargo
California
+$18.5M
3
NIMC
NWQ Investment Management Company
California
+$15.5M
4
Ameriprise
Ameriprise
Minnesota
+$11.4M
5
Morgan Stanley
Morgan Stanley
New York
+$11.1M

Top Sellers

Rank Fund Capital Flow
1
PRCM
Pine River Capital Management
Minnesota
-$21.4M
2
LPC
Long Pond Capital
New York
-$16.9M
3
GA
GRS Advisors
Illinois
-$6.79M
4
Barclays
Barclays
United Kingdom
-$4.99M
5
AC
Ascend Capital
California
-$4.92M
Name Holding Trade Value Shares
Change 		Change in
Stake
FHC
126
First Heartland Consultants
Missouri
$349K – – –
Grantham, Mayo, Van Otterloo & Co (GMO)
127
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$346K -$88.2K -3,900 -21%
FWCM
128
First Western Capital Management
California
$341K +$336K +14,866 New
Royal Bank of Canada
129
Royal Bank of Canada
Ontario, Canada
$335K -$636K -28,131 -66%
WS
130
Wedbush Securities
California
$323K +$318K +14,050 New
WC
131
Wexford Capital
Florida
$321K +$317K +14,000 New
TC
132
TFS Capital
Pennsylvania
$306K -$226K -9,998 -43%
LTFS
133
Ladenburg Thalmann Financial Services
Florida
$306K -$15.8K -697 -5%
SB
134
Suntrust Banks
Georgia
$281K -$20.9K -926 -7%
EVM
135
Eaton Vance Management
Massachusetts
$270K – – –
WAM
136
Wolverine Asset Management
Illinois
$261K +$258K +11,400 New
BG
137
BlackRock Group
United Kingdom
$260K – – –
Bank of Montreal
138
Bank of Montreal
Ontario, Canada
$258K +$32.6K +1,444 +15%
ACM
139
Ativo Capital Management
Illinois
$235K +$18.9K +835 +9%
SI
140
Stephens Inc
Arkansas
$234K +$17.3K +766 +8%
CAS
141
CTC Alternative Strategies
Illinois
$230K – – –
PAM
142
Paradigm Asset Management
New York
$230K – – –
LPC
143
Long Pond Capital
New York
$213K -$16.9M -747,710 -99%
AWA
144
Arete Wealth Advisors
Illinois
$213K +$209K +9,252 New
DAM
145
Delta Asset Management
Tennessee
$195K – – –
Credit Agricole
146
Credit Agricole
France
$168K -$257K -11,385 -61%
ST
147
Smithfield Trust
Pennsylvania
$148K +$2.49K +110 +2%
Creative Planning
148
Creative Planning
Kansas
$126K -$40K -1,770 -24%
Toronto Dominion Bank
149
Toronto Dominion Bank
Ontario, Canada
$115K – – –
First Manhattan
150
First Manhattan
New York
$114K – – –
4 5
6
7 8

PMT Hedge Fund Activity: Q4 2013 in Review

170 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q4 2013, worth a combined $1.84B — up 21% from $1.52B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PMT positions and 22 closed out — a net gain of 8 holders — while 57 added to existing stakes and 55 trimmed.

The largest buyer was Delphi Financial Group, opening a new position worth an estimated $26.7M. The largest seller was Pine River Capital Management, cutting an estimated $21.4M.

  • 170 institutional investors held PennyMac Mortgage Investment (PMT) as of Q4 2013, up from 163 in Q3 2013.
  • Funds reported $1.84B of PennyMac Mortgage Investment stock for Q4 2013, up 21% quarter-over-quarter.
  • 30 funds opened new PennyMac Mortgage Investment positions in Q4 2013 and 22 closed out, a net change of +8 holders.
  • The largest PennyMac Mortgage Investment buyer in Q4 2013 was Delphi Financial Group, an estimated $26.7M added.
  • The largest PennyMac Mortgage Investment seller in Q4 2013 was Pine River Capital Management, an estimated $21.4M sold.

Based on aggregated 13F filings for Q4 2013.