PennyMac Mortgage Investment
PMT
155 hedge funds and large institutions have $718M invested in PennyMac Mortgage Investment in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 52 increasing their positions, 44 reducing their positions, and 23 closing their positions.
39% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 23
18% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 44
5% more funds holding
Funds holding: 148 → 155 (+7)
0.59% more ownership
Funds ownership: 65.14% → 65.73% (+0.59%)
4% less capital inflows, than outflows
Capital inflows: $72.1M | Capital outflows: $75.4M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
45% less call options, than puts
Call options by funds: $848K | Put options by funds: $1.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$12.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$8.06M |
| 3 |
Citigroup
New York
|
+$4.42M |
| 4 |
BlackRock Fund Advisors
San Francisco,
California
|
+$3.01M |
| 5 |
BlackRock Institutional Trust
San Francisco,
California
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$21.1M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$14.4M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$4.82M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$4.69M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$4.49M |
PMT Hedge Fund Activity: Q4 2016 in Review
155 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q4 2016, worth a combined $718M — up 4.6% from $686M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PMT positions and 23 closed out — a net gain of 9 holders — while 52 added to existing stakes and 44 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $12.2M. The largest seller was Wells Fargo, cutting an estimated $21.1M.
- 155 institutional investors held PennyMac Mortgage Investment (PMT) as of Q4 2016, up from 148 in Q3 2016.
- Funds reported $718M of PennyMac Mortgage Investment stock for Q4 2016, up 4.6% quarter-over-quarter.
- 32 funds opened new PennyMac Mortgage Investment positions in Q4 2016 and 23 closed out, a net change of +9 holders.
- The largest PennyMac Mortgage Investment buyer in Q4 2016 was Goldman Sachs, an estimated $12.2M added.
- The largest PennyMac Mortgage Investment seller in Q4 2016 was Wells Fargo, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2016.