PennyMac Mortgage Investment
PMT
171 hedge funds and large institutions have $1.04B invested in PennyMac Mortgage Investment in 2014 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 55 increasing their positions, 55 reducing their positions, and 18 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
0% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 55
1% less funds holding
Funds holding: 173 → 171 (-2)
3.47% less ownership
Funds ownership: 70.12% → 66.66% (-3.5%)
6% less capital invested
Capital invested by funds: $1.11B → $1.04B (-$71.5M)
44% less call options, than puts
Call options by funds: $1.86M | Put options by funds: $3.31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$25.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$18.7M |
| 3 |
Two Sigma Advisers
New York
|
+$8.24M |
| 4 |
Two Sigma Investments
New York
|
+$6.94M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$5.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$40.1M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$22M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
-$13.5M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$11.9M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$11.8M |
PMT Hedge Fund Activity: Q4 2014 in Review
171 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q4 2014, worth a combined $1.04B — down 6.4% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PMT positions and 18 closed out — a net gain of 3 holders — while 55 added to existing stakes and 55 trimmed.
The largest buyer was Millennium Management, adding an estimated $25.6M. The largest seller was EJF Capital, cutting an estimated $40.1M.
- 171 institutional investors held PennyMac Mortgage Investment (PMT) as of Q4 2014, down from 173 in Q3 2014.
- Funds reported $1.04B of PennyMac Mortgage Investment stock for Q4 2014, down 6.4% quarter-over-quarter.
- 21 funds opened new PennyMac Mortgage Investment positions in Q4 2014 and 18 closed out, a net change of +3 holders.
- The largest PennyMac Mortgage Investment buyer in Q4 2014 was Millennium Management, an estimated $25.6M added.
- The largest PennyMac Mortgage Investment seller in Q4 2014 was EJF Capital, an estimated $40.1M sold.
Based on aggregated 13F filings for Q4 2014.