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PMT

PennyMac Mortgage Investment

167 hedge funds and large institutions have $899M invested in PennyMac Mortgage Investment in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 46 increasing their positions, 58 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more call options, than puts

Call options by funds: $1.6M | Put options by funds: $922K

35% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 17

8% more capital invested

Capital invested by funds: $835M → $899M (+$63.5M)

2% more funds holding

Funds holding: 163167 (+4)

0.62% more ownership

Funds ownership: 72.26%72.88% (+0.62%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

21% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 58

Holders
167
Holders Change
+4
Holders Change %
+2.45%
% of All Funds
3.82%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
23
Increased
46
Reduced
58
Closed
17
Calls
$1.6M
Puts
$922K
Net Calls
+$681K
Net Calls Change
-$234K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$207M +$11.7M +593,750 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$117M +$1.87M +95,374 +2%
Goldman Sachs
3
Goldman Sachs
New York
$46.7M -$16.2M -825,662 -26%
TIM
4
Thornburg Investment Management
New Mexico
$42.2M -$9.09M -463,049 -18%
State Street
5
State Street
Massachusetts
$39.4M +$2.47M +125,576 +7%
UBS Group
6
UBS Group
Switzerland
$38.7M +$3.83M +195,055 +11%
Invesco
7
Invesco
Georgia
$33.1M +$1.01M +51,638 +3%
LSV Asset Management
8
LSV Asset Management
Illinois
$27.1M -$334K -17,000 -1%
Citigroup
9
Citigroup
New York
$23.1M +$497K +25,287 +2%
Mirae Asset Global Investments
10
Mirae Asset Global Investments
South Korea
$21.7M +$21.1M +1,072,632 New
Norges Bank
11
Norges Bank
Norway
$19.6M
Bank of New York Mellon
12
Bank of New York Mellon
New York
$17.8M +$602K +30,666 +4%
Northern Trust
13
Northern Trust
Illinois
$16.5M +$918K +46,750 +6%
Morgan Stanley
14
Morgan Stanley
New York
$14M -$1.88M -95,560 -12%
Charles Schwab
15
Charles Schwab
California
$13M +$583K +29,678 +5%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$12.8M +$488K +24,838 +4%
First Trust Advisors
17
First Trust Advisors
Illinois
$10.7M +$7.73M +393,727 +293%
Acadian Asset Management
18
Acadian Asset Management
Massachusetts
$10.3M +$4.72M +240,304 +89%
Principal Financial Group
19
Principal Financial Group
Iowa
$9.96M +$144K +7,324 +2%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$9.19M +$8.92M +453,962 New
SGCIA
21
Smith Graham & Co Investment Advisors
Texas
$8.38M +$624K +31,770 +8%
AAM
22
Advisors Asset Management
Colorado
$7.81M -$4.33M -220,253 -36%
Ameriprise
23
Ameriprise
Minnesota
$6.98M +$152K +7,727 +2%
PPA
24
Parametric Portfolio Associates
Washington
$6.94M +$389K +19,793 +6%
AllianceBernstein
25
AllianceBernstein
Tennessee
$6.17M -$1.97M -100,485 -25%

PMT Hedge Fund Activity: Q3 2018 in Review

167 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q3 2018, worth a combined $899M — up 7.6% from $835M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new PMT positions and 17 closed out — a net gain of 6 holders — while 46 added to existing stakes and 58 trimmed.

The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $21.1M. The largest seller was Goldman Sachs, cutting an estimated $16.2M.

  • 167 institutional investors held PennyMac Mortgage Investment (PMT) as of Q3 2018, up from 163 in Q2 2018.
  • Funds reported $899M of PennyMac Mortgage Investment stock for Q3 2018, up 7.6% quarter-over-quarter.
  • 23 funds opened new PennyMac Mortgage Investment positions in Q3 2018 and 17 closed out, a net change of +6 holders.
  • The largest PennyMac Mortgage Investment buyer in Q3 2018 was Mirae Asset Global Investments, an estimated $21.1M added.
  • The largest PennyMac Mortgage Investment seller in Q3 2018 was Goldman Sachs, an estimated $16.2M sold.

Based on aggregated 13F filings for Q3 2018.