PennyMac Mortgage Investment
PMT
227 hedge funds and large institutions have $1.64B invested in PennyMac Mortgage Investment in 2019 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 111 increasing their positions, 49 reducing their positions, and 25 closing their positions.
127% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 49
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
13% more capital invested
Capital invested by funds: $1.45B → $1.64B (+$183M)
4% more funds holding
Funds holding: 219 → 227 (+8)
1.23% less ownership
Funds ownership: 74.49% → 73.26% (-1.2%)
86% less call options, than puts
Call options by funds: $3.14M | Put options by funds: $22.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$37M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28.5M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$17M |
| 4 |
Goldman Sachs
New York
|
+$14.8M |
| 5 |
Renaissance Technologies
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$9.36M |
| 2 |
Morgan Stanley
New York
|
-$8.84M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$8.82M |
| 4 |
JP Morgan Chase
New York
|
-$6.57M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.05M |
PMT Hedge Fund Activity: Q4 2019 in Review
227 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q4 2019, worth a combined $1.64B — up 13% from $1.45B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PMT positions and 25 closed out — a net gain of 15 holders — while 111 added to existing stakes and 49 trimmed.
The largest buyer was BlackRock, adding an estimated $37M. The largest seller was Marshall Wace, cutting an estimated $9.36M.
- 227 institutional investors held PennyMac Mortgage Investment (PMT) as of Q4 2019, up from 219 in Q3 2019.
- Funds reported $1.64B of PennyMac Mortgage Investment stock for Q4 2019, up 13% quarter-over-quarter.
- 40 funds opened new PennyMac Mortgage Investment positions in Q4 2019 and 25 closed out, a net change of +15 holders.
- The largest PennyMac Mortgage Investment buyer in Q4 2019 was BlackRock, an estimated $37M added.
- The largest PennyMac Mortgage Investment seller in Q4 2019 was Marshall Wace, an estimated $9.36M sold.
Based on aggregated 13F filings for Q4 2019.