PennyMac Mortgage Investment
PMT
160 hedge funds and large institutions have $742M invested in PennyMac Mortgage Investment in 2015 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 49 increasing their positions, 51 reducing their positions, and 18 closing their positions.
72% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 18
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more funds holding
Funds holding: 148 → 160 (+12)
4% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 51
1.62% less ownership
Funds ownership: 67.58% → 65.96% (-1.6%)
5% less capital invested
Capital invested by funds: $782M → $742M (-$39.9M)
48% less call options, than puts
Call options by funds: $2.21M | Put options by funds: $4.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.4M |
| 2 |
Two Sigma Investments
New York
|
+$7.68M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$5.73M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
+$3.84M |
| 5 |
Citigroup
New York
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Omega Advisors
New York
|
-$28.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$11.2M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$10.7M |
| 4 |
LPC
Long Pond Capital
New York
|
-$6.92M |
| 5 |
GC
Gratia Capital
Los Angeles,
California
|
-$5.59M |
PMT Hedge Fund Activity: Q4 2015 in Review
160 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q4 2015, worth a combined $742M — down 5.1% from $782M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PMT positions and 18 closed out — a net gain of 13 holders — while 49 added to existing stakes and 51 trimmed.
The largest buyer was Millennium Management, adding an estimated $12.4M. The largest seller was Omega Advisors, cutting an estimated $28.2M.
- 160 institutional investors held PennyMac Mortgage Investment (PMT) as of Q4 2015, up from 148 in Q3 2015.
- Funds reported $742M of PennyMac Mortgage Investment stock for Q4 2015, down 5.1% quarter-over-quarter.
- 31 funds opened new PennyMac Mortgage Investment positions in Q4 2015 and 18 closed out, a net change of +13 holders.
- The largest PennyMac Mortgage Investment buyer in Q4 2015 was Millennium Management, an estimated $12.4M added.
- The largest PennyMac Mortgage Investment seller in Q4 2015 was Omega Advisors, an estimated $28.2M sold.
Based on aggregated 13F filings for Q4 2015.