PennyMac Mortgage Investment
PMT
184 hedge funds and large institutions have $1.33B invested in PennyMac Mortgage Investment in 2020 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 65 increasing their positions, 62 reducing their positions, and 41 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
70% more capital invested
Capital invested by funds: $783M → $1.33B (+$551M)
2.71% more ownership
Funds ownership: 73.48% → 76.2% (+2.7%)
5% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 62
10% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 41
4% less funds holding
Funds holding: 191 → 184 (-7)
16% less call options, than puts
Call options by funds: $11M | Put options by funds: $13.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$44.6M |
| 2 |
SM
Senvest Management
New York
|
+$21M |
| 3 |
D.E. Shaw & Co
New York
|
+$10.2M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.27M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$7.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$18.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$13.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$11.4M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$8.69M |
| 5 |
Goldman Sachs
New York
|
-$7.01M |
PMT Hedge Fund Activity: Q2 2020 in Review
184 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q2 2020, worth a combined $1.33B — up 70% from $783M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of PMT and 37 opened new positions — a net loss of 4 holders — while 62 trimmed existing stakes and 65 added.
The largest buyer was Morgan Stanley, adding an estimated $44.6M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $18.6M sold.
- 184 institutional investors held PennyMac Mortgage Investment (PMT) as of Q2 2020, down from 191 in Q1 2020.
- Funds reported $1.33B of PennyMac Mortgage Investment stock for Q2 2020, up 70% quarter-over-quarter.
- 37 funds opened new PennyMac Mortgage Investment positions in Q2 2020 and 41 closed out, a net change of -4 holders.
- The largest PennyMac Mortgage Investment buyer in Q2 2020 was Morgan Stanley, an estimated $44.6M added.
- The largest PennyMac Mortgage Investment seller in Q2 2020 was Mirae Asset Global Investments, an estimated $18.6M sold.
Based on aggregated 13F filings for Q2 2020.