PennyMac Mortgage Investment
PMT
176 hedge funds and large institutions have $793M invested in PennyMac Mortgage Investment in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 69 reducing their positions, and 31 closing their positions.
6% more capital invested
Capital invested by funds: $751M → $793M (+$42.1M)
1.3% less ownership
Funds ownership: 68.47% → 67.17% (-1.3%)
5% less funds holding
Funds holding: 186 → 176 (-10)
22% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 69
23% less call options, than puts
Call options by funds: $6.82M | Put options by funds: $8.86M
29% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$11.1M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$8.36M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$4.32M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.13M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$9.18M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$7.59M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$6.52M |
| 4 |
BlackRock
New York
|
-$6.14M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$5.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Simplex Trading
Chicago,
Illinois
| – | -$7.88K | -644 | Closed |
|
|
KM
202
Kalos Management
Alpharetta,
Georgia
| – | -$7.4K | -600 | Closed |
|
|
HCM
203
Hollencrest Capital Management
Newport Beach,
California
| – | -$6.17K | -500 | Closed |
|
|
TWA
204
TCI Wealth Advisors
Tucson,
Arizona
| – | -$5.96K | -483 | Closed |
|
|
LFA
205
Level Financial Advisors
East Amherst,
New York
| – | -$4.81K | -390 | Closed |
|
206
Russell Investments Group
London,
United Kingdom
| – | -$1.85K | -150 | Closed |
|
|
C
207
Covestor
London,
United Kingdom
| – | -$86 | -7 | -35% |
|
PMT Hedge Fund Activity: Q2 2023 in Review
176 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q2 2023, worth a combined $793M — up 5.6% from $751M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PMT and 22 opened new positions — a net loss of 9 holders — while 69 trimmed existing stakes and 54 added.
The largest buyer was JP Morgan Chase, adding an estimated $11.1M. The largest seller was Goldman Sachs, cutting an estimated $9.18M.
- 176 institutional investors held PennyMac Mortgage Investment (PMT) as of Q2 2023, down from 186 in Q1 2023.
- Funds reported $793M of PennyMac Mortgage Investment stock for Q2 2023, up 5.6% quarter-over-quarter.
- 22 funds opened new PennyMac Mortgage Investment positions in Q2 2023 and 31 closed out, a net change of -9 holders.
- The largest PennyMac Mortgage Investment buyer in Q2 2023 was JP Morgan Chase, an estimated $11.1M added.
- The largest PennyMac Mortgage Investment seller in Q2 2023 was Goldman Sachs, an estimated $9.18M sold.
Based on aggregated 13F filings for Q2 2023.