PennyMac Mortgage Investment
PMT
144 hedge funds and large institutions have $791M invested in PennyMac Mortgage Investment in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 42 reducing their positions, and 28 closing their positions.
214% more capital inflows, than outflows
Capital inflows: $165M | Capital outflows: $52.7M
31% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 42
0.91% more ownership
Funds ownership: 65.73% → 66.64% (+0.91%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 155 → 144 (-11)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
46% less call options, than puts
Call options by funds: $1.14M | Put options by funds: $2.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$102M |
| 2 |
Goldman Sachs
New York
|
+$13M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.29M |
| 4 |
Sapience Investments
Newport Beach,
California
|
+$4.34M |
| 5 |
Algebris Investments (UK)
London,
United Kingdom
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.32M |
| 3 |
Morgan Stanley
New York
|
-$3.79M |
| 4 |
Yorktown Management & Research Company
Forest,
Virginia
|
-$3.27M |
| 5 |
Global X Management Company
New York
|
-$2.8M |
PMT Hedge Fund Activity: Q1 2017 in Review
144 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q1 2017, worth a combined $791M — up 10% from $718M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of PMT and 24 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 55 added.
The largest buyer was BlackRock, adding an estimated $102M. The largest seller was Wells Fargo, cutting an estimated $9.8M.
- 144 institutional investors held PennyMac Mortgage Investment (PMT) as of Q1 2017, down from 155 in Q4 2016.
- Funds reported $791M of PennyMac Mortgage Investment stock for Q1 2017, up 10% quarter-over-quarter.
- 24 funds opened new PennyMac Mortgage Investment positions in Q1 2017 and 28 closed out, a net change of -4 holders.
- The largest PennyMac Mortgage Investment buyer in Q1 2017 was BlackRock, an estimated $102M added.
- The largest PennyMac Mortgage Investment seller in Q1 2017 was Wells Fargo, an estimated $9.8M sold.
Based on aggregated 13F filings for Q1 2017.