PennyMac Mortgage Investment
PMT
183 hedge funds and large institutions have $2.05B invested in PennyMac Mortgage Investment in 2014 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 72 increasing their positions, 44 reducing their positions, and 16 closing their positions.
203% more call options, than puts
Call options by funds: $15.5M | Put options by funds: $5.12M
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
64% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 44
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
13.23% more ownership
Funds ownership: 71.09% → 84.32% (+13%)
11% more capital invested
Capital invested by funds: $1.84B → $2.05B (+$204M)
8% more funds holding
Funds holding: 170 → 183 (+13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$191M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$14.9M |
| 3 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
+$12.9M |
| 4 |
Millennium Management
New York
|
+$11.4M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hayman Capital Management
Dallas,
Texas
|
-$28M |
| 2 |
SM
Senvest Management
New York
|
-$17.9M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$15.1M |
| 4 |
GA
GRS Advisors
Chicago,
Illinois
|
-$10.6M |
| 5 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$8.93M |
PMT Hedge Fund Activity: Q1 2014 in Review
183 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q1 2014, worth a combined $2.05B — up 11% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PMT positions and 16 closed out — a net gain of 16 holders — while 72 added to existing stakes and 44 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $191M. The largest seller was Hayman Capital Management, cutting an estimated $28M.
- 183 institutional investors held PennyMac Mortgage Investment (PMT) as of Q1 2014, up from 170 in Q4 2013.
- Funds reported $2.05B of PennyMac Mortgage Investment stock for Q1 2014, up 11% quarter-over-quarter.
- 32 funds opened new PennyMac Mortgage Investment positions in Q1 2014 and 16 closed out, a net change of +16 holders.
- The largest PennyMac Mortgage Investment buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $191M added.
- The largest PennyMac Mortgage Investment seller in Q1 2014 was Hayman Capital Management, an estimated $28M sold.
Based on aggregated 13F filings for Q1 2014.