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PMT

PennyMac Mortgage Investment

163 hedge funds and large institutions have $1.52B invested in PennyMac Mortgage Investment in 2013 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 69 increasing their positions, 37 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

280% more call options, than puts

Call options by funds: $22.3M | Put options by funds: $5.85M

86% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 37

25% more capital invested

Capital invested by funds: $1.22B → $1.52B (+$304M)

23% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 22

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

2.95% more ownership

Funds ownership: 62.14%65.09% (+3%)

2% more funds holding

Funds holding: 160163 (+3)

Holders
163
Holders Change
+3
Holders Change %
+1.88%
% of All Funds
5.29%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.23%
New
27
Increased
69
Reduced
37
Closed
22
Calls
$22.3M
Puts
$5.85M
Net Calls
+$16.4M
Net Calls Change
+$16.1M
Name Holding Trade Value Shares
Change
Change in
Stake
TRCT
151
Tower Research Capital (TRC)
New York
$157K +$129K +5,886 +574%
ST
152
Smithfield Trust
Pennsylvania
$143K +$57.9K +2,652 +73%
First Manhattan
153
First Manhattan
New York
$113K
Toronto Dominion Bank
154
Toronto Dominion Bank
Ontario, Canada
$113K
STC
155
SEI Trust Company
Pennsylvania
$95K +$91.7K +4,200 New
NES
156
New England Securities
New York
$44K +$524 +24 +1%
WC
157
Whitnell & Co
Illinois
$36K
PNC Financial Services Group
158
PNC Financial Services Group
Pennsylvania
$28K
Envestnet Asset Management
159
Envestnet Asset Management
Illinois
$7K
WA
160
WFG Advisors
Texas
$3K +$66 +3 +3%
PTC
161
Private Trust Company
Ohio
$2K -$15.6K -713 -89%
WA
162
WealthTrust-Arizona
Arizona
$2K
GI
163
Gradient Investments
Minnesota
$1K
Manulife (Manufacturers Life Insurance)
164
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$947 -$49K -2,243 -5%
SC
165
Seawolf Capital
New York
-$10.6M -504,981 Closed
FCH
166
Freestone Capital Holdings
Washington
-$5.83M -276,882 Closed
Alyeska Investment Group
167
Alyeska Investment Group
Illinois
-$5.26M -250,000 Closed
PA
168
Para Advisors
New York
-$3.68M -175,000 Closed
MCM
169
Moore Capital Management
New York
-$2.1M -100,000 Closed
MWNA
170
Marshall Wace North America
New York
-$1.78M -84,788 Closed
MWR
171
McAdams Wright Ragen
Washington
-$1.56M -74,130 Closed
HighTower Advisors
172
HighTower Advisors
Illinois
-$494K -68,471 Closed
JAM
173
Jupiter Asset Management
United Kingdom
-$1.19M -56,313 Closed
NCCM
174
Nine Chapters Capital Management
New Jersey
-$520K -24,700 Closed
RJA
175
Raymond James & Associates
Florida
-$498K -23,662 Closed

PMT Hedge Fund Activity: Q3 2013 in Review

163 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q3 2013, worth a combined $1.52B — up 25% from $1.22B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PMT positions and 22 closed out — a net gain of 5 holders — while 69 added to existing stakes and 37 trimmed.

The largest buyer was Hayman Capital Management, opening a new position worth an estimated $78M. The largest seller was Highbridge Capital Management, cutting an estimated $43.9M.

  • 163 institutional investors held PennyMac Mortgage Investment (PMT) as of Q3 2013, up from 160 in Q2 2013.
  • Funds reported $1.52B of PennyMac Mortgage Investment stock for Q3 2013, up 25% quarter-over-quarter.
  • 27 funds opened new PennyMac Mortgage Investment positions in Q3 2013 and 22 closed out, a net change of +5 holders.
  • The largest PennyMac Mortgage Investment buyer in Q3 2013 was Hayman Capital Management, an estimated $78M added.
  • The largest PennyMac Mortgage Investment seller in Q3 2013 was Highbridge Capital Management, an estimated $43.9M sold.

Based on aggregated 13F filings for Q3 2013.