PennyMac Mortgage Investment
PMT
191 hedge funds and large institutions have $819M invested in PennyMac Mortgage Investment in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 64 increasing their positions, 66 reducing their positions, and 27 closing their positions.
0% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 27
3% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 66
1% less funds holding
Funds holding: 193 → 191 (-2)
4.1% less ownership
Funds ownership: 68.69% → 64.59% (-4.1%)
8% less capital invested
Capital invested by funds: $891M → $819M (-$72.2M)
44% less call options, than puts
Call options by funds: $5.72M | Put options by funds: $10.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
+$4.35M |
| 2 |
Citigroup
New York
|
+$2.89M |
| 3 |
Jane Street
New York
|
+$2.51M |
| 4 |
Renaissance Technologies
New York
|
+$2.23M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$23.5M |
| 2 |
Morgan Stanley
New York
|
-$19.9M |
| 3 |
Natixis Advisors
Boston,
Massachusetts
|
-$3.77M |
| 4 |
BlackRock
New York
|
-$2.78M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.73M |
PMT Hedge Fund Activity: Q1 2024 in Review
191 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q1 2024, worth a combined $819M — down 8.1% from $891M a quarter earlier.
Fund positioning in PMT was balanced in Q1 2024: 27 funds opened new positions, 27 closed out, 64 added to existing stakes and 66 trimmed.
The largest buyer was Dana Investment Advisors, opening a new position worth an estimated $4.35M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $23.5M sold.
- 191 institutional investors held PennyMac Mortgage Investment (PMT) as of Q1 2024, down from 193 in Q4 2023.
- Funds reported $819M of PennyMac Mortgage Investment stock for Q1 2024, down 8.1% quarter-over-quarter.
- 27 funds opened new PennyMac Mortgage Investment positions in Q1 2024 and 27 closed out, a net change of 0 holders.
- The largest PennyMac Mortgage Investment buyer in Q1 2024 was Dana Investment Advisors, an estimated $4.35M added.
- The largest PennyMac Mortgage Investment seller in Q1 2024 was Vaughan Nelson Investment Management, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2024.