PennyMac Mortgage Investment
PMT
161 hedge funds and large institutions have $830M invested in PennyMac Mortgage Investment in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 42 increasing their positions, 53 reducing their positions, and 22 closing their positions.
109% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 22
75% more call options, than puts
Call options by funds: $1.3M | Put options by funds: $743K
26% more capital invested
Capital invested by funds: $658M → $830M (+$172M)
18% more funds holding
Funds holding: 137 → 161 (+24)
13.39% more ownership
Funds ownership: 62.48% → 75.87% (+13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$58.8M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.75M |
| 3 |
Morgan Stanley
New York
|
+$6.66M |
| 4 |
Bank of New York Mellon
New York
|
+$6.46M |
| 5 |
State Street
Boston,
Massachusetts
|
+$5.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$8.73M |
| 2 |
Two Sigma Investments
New York
|
-$7.23M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$3.99M |
| 4 |
CC
Cipher Capital
New York
|
-$3.46M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Simplex Trading
Chicago,
Illinois
| – | -$128K | -7,625 | Closed |
|
|
AIM
177
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$93K | -5,789 | Closed |
|
|
TRCT
178
Tower Research Capital (TRC)
New York
| – | -$43K | -2,654 | Closed |
|
|
SWP
179
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$24K | -1,500 | Closed |
|
|
PWM
180
Paulson Wealth Management
Wheaton,
Illinois
| – | -$9K | -556 | Closed |
|
|
VCM
181
Versant Capital Management
Phoenix,
Arizona
| – | +$234 | +14 | New |
|
PMT Hedge Fund Activity: Q1 2018 in Review
161 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q1 2018, worth a combined $830M — up 26% from $658M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new PMT positions and 22 closed out — a net gain of 24 holders — while 42 added to existing stakes and 53 trimmed.
The largest buyer was BlackRock, adding an estimated $58.8M. The largest seller was Wolverine Asset Management, cutting an estimated $8.73M.
- 161 institutional investors held PennyMac Mortgage Investment (PMT) as of Q1 2018, up from 137 in Q4 2017.
- Funds reported $830M of PennyMac Mortgage Investment stock for Q1 2018, up 26% quarter-over-quarter.
- 46 funds opened new PennyMac Mortgage Investment positions in Q1 2018 and 22 closed out, a net change of +24 holders.
- The largest PennyMac Mortgage Investment buyer in Q1 2018 was BlackRock, an estimated $58.8M added.
- The largest PennyMac Mortgage Investment seller in Q1 2018 was Wolverine Asset Management, an estimated $8.73M sold.
Based on aggregated 13F filings for Q1 2018.