PennyMac Mortgage Investment
PMT
214 hedge funds and large institutions have $1.24B invested in PennyMac Mortgage Investment in 2019 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 110 increasing their positions, 39 reducing their positions, and 26 closing their positions.
182% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 39
38% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 26
20% more capital invested
Capital invested by funds: $1.03B → $1.24B (+$207M)
2% more funds holding
Funds holding: 209 → 214 (+5)
0.93% more ownership
Funds ownership: 73.44% → 74.37% (+0.93%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
52% less call options, than puts
Call options by funds: $2.45M | Put options by funds: $5.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$36.2M |
| 2 |
JP Morgan Chase
New York
|
+$18.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.2M |
| 4 |
Two Sigma Investments
New York
|
+$15.9M |
| 5 |
Millennium Management
New York
|
+$8.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$22.9M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$12.8M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$5.67M |
| 4 |
Goldman Sachs
New York
|
-$3.77M |
| 5 |
BCM
BlueMar Capital Management
Miami,
Florida
|
-$3.73M |
PMT Hedge Fund Activity: Q2 2019 in Review
214 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q2 2019, worth a combined $1.24B — up 20% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PMT positions and 26 closed out — a net gain of 10 holders — while 110 added to existing stakes and 39 trimmed.
The largest buyer was BlackRock, adding an estimated $36.2M. The largest seller was Citigroup, cutting an estimated $22.9M.
- 214 institutional investors held PennyMac Mortgage Investment (PMT) as of Q2 2019, up from 209 in Q1 2019.
- Funds reported $1.24B of PennyMac Mortgage Investment stock for Q2 2019, up 20% quarter-over-quarter.
- 36 funds opened new PennyMac Mortgage Investment positions in Q2 2019 and 26 closed out, a net change of +10 holders.
- The largest PennyMac Mortgage Investment buyer in Q2 2019 was BlackRock, an estimated $36.2M added.
- The largest PennyMac Mortgage Investment seller in Q2 2019 was Citigroup, an estimated $22.9M sold.
Based on aggregated 13F filings for Q2 2019.