PennyMac Mortgage Investment
PMT
159 hedge funds and large institutions have $924M invested in PennyMac Mortgage Investment in 2015 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 52 increasing their positions, 50 reducing their positions, and 24 closing their positions.
2.6% more ownership
Funds ownership: 68.46% → 71.06% (+2.6%)
4% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 50
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
2% less funds holding
Funds holding: 163 → 159 (-4)
15% less capital invested
Capital invested by funds: $1.09B → $924M (-$163M)
27% less call options, than puts
Call options by funds: $1.93M | Put options by funds: $2.64M
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$31.5M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$15.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$8.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.47M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$8.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$40.8M |
| 2 |
Millennium Management
New York
|
-$11.4M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$7.63M |
| 4 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$4.7M |
| 5 |
OA
Omega Advisors
New York
|
-$3.71M |
PMT Hedge Fund Activity: Q2 2015 in Review
159 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q2 2015, worth a combined $924M — down 15% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of PMT and 22 opened new positions — a net loss of 2 holders — while 50 trimmed existing stakes and 52 added.
The largest buyer was Thornburg Investment Management, opening a new position worth an estimated $31.5M. The largest seller was EJF Capital, cutting an estimated $40.8M.
- 159 institutional investors held PennyMac Mortgage Investment (PMT) as of Q2 2015, down from 163 in Q1 2015.
- Funds reported $924M of PennyMac Mortgage Investment stock for Q2 2015, down 15% quarter-over-quarter.
- 22 funds opened new PennyMac Mortgage Investment positions in Q2 2015 and 24 closed out, a net change of -2 holders.
- The largest PennyMac Mortgage Investment buyer in Q2 2015 was Thornburg Investment Management, an estimated $31.5M added.
- The largest PennyMac Mortgage Investment seller in Q2 2015 was EJF Capital, an estimated $40.8M sold.
Based on aggregated 13F filings for Q2 2015.