PennyMac Mortgage Investment
PMT
163 hedge funds and large institutions have $1.09B invested in PennyMac Mortgage Investment in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 57 increasing their positions, 57 reducing their positions, and 19 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
1.8% more ownership
Funds ownership: 66.66% → 68.46% (+1.8%)
3% more capital invested
Capital invested by funds: $1.05B → $1.09B (+$36.7M)
0% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 57
5% less funds holding
Funds holding: 171 → 163 (-8)
15% less call options, than puts
Call options by funds: $1.71M | Put options by funds: $2.01M
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$25.7M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$12.4M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$10.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.52M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$6.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$13.1M |
| 2 |
Two Sigma Investments
New York
|
-$8.94M |
| 3 |
ZC
Zelman Capital
Beachwood,
Ohio
|
-$6.33M |
| 4 |
Two Sigma Advisers
New York
|
-$5.16M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$5.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWA
176
TCI Wealth Advisors
Tucson,
Arizona
| – | -$11K | -500 | Closed |
|
177
Simplex Trading
Chicago,
Illinois
| – | -$10.8K | -498 | Closed |
|
|
RC
178
RegentAtlantic Capital
Morristown,
New Jersey
| – | -$8.44K | -400 | Closed |
|
|
BRWM
179
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$4K | -200 | Closed |
|
|
RFA
180
Reilly Financial Advisors
La Mesa,
California
| – | -$4K | -175 | Closed |
|
181
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -85 | Closed |
|
PMT Hedge Fund Activity: Q1 2015 in Review
163 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q1 2015, worth a combined $1.09B — up 3.5% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PMT and 13 opened new positions — a net loss of 6 holders — while 57 trimmed existing stakes and 57 added.
The largest buyer was EJF Capital, adding an estimated $25.7M. The largest seller was Bank of America, cutting an estimated $13.1M.
- 163 institutional investors held PennyMac Mortgage Investment (PMT) as of Q1 2015, down from 171 in Q4 2014.
- Funds reported $1.09B of PennyMac Mortgage Investment stock for Q1 2015, up 3.5% quarter-over-quarter.
- 13 funds opened new PennyMac Mortgage Investment positions in Q1 2015 and 19 closed out, a net change of -6 holders.
- The largest PennyMac Mortgage Investment buyer in Q1 2015 was EJF Capital, an estimated $25.7M added.
- The largest PennyMac Mortgage Investment seller in Q1 2015 was Bank of America, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2015.