PennyMac Mortgage Investment
PMT
209 hedge funds and large institutions have $1.04B invested in PennyMac Mortgage Investment in 2019 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 94 increasing their positions, 41 reducing their positions, and 14 closing their positions.
171% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 14
129% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 41
54% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $896K
23% more capital invested
Capital invested by funds: $840M → $1.04B (+$195M)
12% more funds holding
Funds holding: 186 → 209 (+23)
0.26% less ownership
Funds ownership: 73.81% → 73.56% (-0.26%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$13.6M |
| 3 |
BlackRock
New York
|
+$12.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$5.92M |
| 5 |
EMG
Ellington Management Group
Old Greenwich,
Connecticut
|
+$5.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$5.76M |
| 2 |
AU
Algebris (UK)
London,
United Kingdom
|
-$5.4M |
| 3 |
Morgan Stanley
New York
|
-$3.69M |
| 4 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$3.52M |
| 5 |
QI
QS Investors
New York
|
-$2.9M |
PMT Hedge Fund Activity: Q1 2019 in Review
209 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q1 2019, worth a combined $1.04B — up 23% from $840M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PMT positions and 14 closed out — a net gain of 24 holders — while 94 added to existing stakes and 41 trimmed.
The largest buyer was Vanguard Group, adding an estimated $13.7M. The largest seller was Advisors Asset Management, cutting an estimated $5.76M.
- 209 institutional investors held PennyMac Mortgage Investment (PMT) as of Q1 2019, up from 186 in Q4 2018.
- Funds reported $1.04B of PennyMac Mortgage Investment stock for Q1 2019, up 23% quarter-over-quarter.
- 38 funds opened new PennyMac Mortgage Investment positions in Q1 2019 and 14 closed out, a net change of +24 holders.
- The largest PennyMac Mortgage Investment buyer in Q1 2019 was Vanguard Group, an estimated $13.7M added.
- The largest PennyMac Mortgage Investment seller in Q1 2019 was Advisors Asset Management, an estimated $5.76M sold.
Based on aggregated 13F filings for Q1 2019.