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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 β†’ $891M (+$167M)

6% more funds holding

Funds holding: 182 β†’ 193 (+11)

1.4% more ownership

Funds ownership: 67.29% β†’ 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
Ohio Public Employees Retirement System (OPERS)
151
Ohio Public Employees Retirement System (OPERS)
Ohio
$39.4K +$1.51K +113 +4%
QCG
152
Quadrant Capital Group
Ohio
$36.7K +$9.71K +724 +42%
LA
153
LM Advisors
California
$35.9K +$32.2K +2,400 New
PA
154
Parallel Advisors
California
$35.3K -$4.38K -327 -12%
S
155
SignatureFD
Georgia
$31.2K +$6.9K +515 +33%
EC
156
EntryPoint Capital
New York
$29.8K +$26.7K +1,992 New
Carson Wealth (CWM LLC)
157
Carson Wealth (CWM LLC)
Nebraska
$25K +$4.38K +327 +24%
HI
158
Harbour Investments
Wisconsin
$25K – – –
Nomura Asset Management
159
Nomura Asset Management
Japan
$23.6K – – –
SIS
160
Sound Income Strategies
Florida
$20.6K +$5.04K +376 +38%
VCM
161
Versant Capital Management
Arizona
$18.8K +$7.98K +595 +89%
RCM
162
Raleigh Capital Management
North Carolina
$18.1K +$10.1K +750 +163%
NFSG
163
Newbridge Financial Services Group
Florida
$14.9K – – –
WT
164
Whittier Trust
California
$10.7K -$1.02K -76 -10%
C
165
Covestor
United Kingdom
$10K +$9.06K +676 +6,145%
GI
166
GAMMA Investing
California
$9.13K +$8.54K +637 New
IPW
167
Impact Partnership Wealth
Georgia
$8.66K – – –
AWM
168
Atticus Wealth Management
Florida
$7.47K – – –
HCM
169
Highlander Capital Management
New Jersey
$7.47K – – –
Fifth Third Bancorp
170
Fifth Third Bancorp
Ohio
$6.38K +$402 +30 +8%
EWA
171
EverSource Wealth Advisors
Alabama
$5.43K -$1.27K -95 -21%
ADL
172
Asset Dedication LLC
California
$5K +$134 +10 +3%
US Bancorp
173
US Bancorp
Minnesota
$4.9K -$3.55K -265 -45%
IA
174
IFP Advisors
Florida
$3.28K +$107 +8 +4%
Russell Investments Group
175
Russell Investments Group
United Kingdom
$3.2K +$2.87K +214 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 β€” up 23% from $724M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new PMT positions and 23 closed out β€” a net gain of 12 holders β€” 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.