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PMT

PennyMac Mortgage Investment

195 hedge funds and large institutions have $1.34B invested in PennyMac Mortgage Investment in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 57 increasing their positions, 85 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $1.26B → $1.34B (+$83.4M)

2.33% less ownership

Funds ownership: 72.3%69.97% (-2.3%)

5% less funds holding

Funds holding: 206195 (-11)

29% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 35

33% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 85

44% less call options, than puts

Call options by funds: $13.2M | Put options by funds: $23.7M

Holders
195
Holders Change
-11
Holders Change %
-5.34%
% of All Funds
3.42%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
25
Increased
57
Reduced
85
Closed
35
Calls
$13.2M
Puts
$23.7M
Net Calls
-$10.5M
Net Calls Change
-$9.99M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$361M +$12.4M +667,214 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$209M +$5.06M +273,011 +3%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$81.9M +$383K +20,642 +0.5%
Goldman Sachs
4
Goldman Sachs
New York
$71.1M -$5.81M -313,449 -8%
State Street
5
State Street
Massachusetts
$63.9M -$3.05M -164,488 -5%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$31M +$2.61M +140,771 +10%
Nomura Holdings
7
Nomura Holdings
Japan
$30.3M +$28.4M +1,532,489 +15,325%
LSV Asset Management
8
LSV Asset Management
Illinois
$24.7M -$1.06M -57,004 -4%
AAMU
9
Amundi Asset Management US
Massachusetts
$24.6M +$9.54M +514,349 +69%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$24.5M +$1.99M +107,536 +9%
JP Morgan Chase
11
JP Morgan Chase
New York
$23.7M -$749K -40,386 -3%
Norges Bank
12
Norges Bank
Norway
$21.7M -$2.67M -144,174 -12%
Northern Trust
13
Northern Trust
Illinois
$21.6M -$138K -7,428 -0.7%
American Century Companies
14
American Century Companies
Missouri
$20M -$137K -7,395 -0.7%
CS
15
Credit Suisse
Switzerland
$19.4M +$1.03M +55,597 +6%
Charles Schwab
16
Charles Schwab
California
$18.3M +$631K +34,049 +4%
Morgan Stanley
17
Morgan Stanley
New York
$15.5M -$13.5M -727,248 -48%
Mirae Asset Global Investments
18
Mirae Asset Global Investments
South Korea
$15.3M +$14.5M +779,848 New
Principal Financial Group
19
Principal Financial Group
Iowa
$13.2M -$124K -6,692 -1%
Allianz Asset Management
20
Allianz Asset Management
Germany
$11.6M +$10.1M +545,598 +1,153%
VanEck Associates
21
VanEck Associates
New York
$10.9M -$1.25M -67,545 -11%
Wellington Management Group
22
Wellington Management Group
Massachusetts
$10.3M -$387K -20,860 -4%
AllianceBernstein
23
AllianceBernstein
Tennessee
$9.87M +$1.53M +82,737 +20%
Ameriprise
24
Ameriprise
Minnesota
$9.11M +$222K +11,986 +3%
N
25
Nuveen
North Carolina
$8.82M -$87.4K -4,716 -1%

PMT Hedge Fund Activity: Q1 2021 in Review

195 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q1 2021, worth a combined $1.34B — up 6.6% from $1.26B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of PMT and 25 opened new positions — a net loss of 10 holders — while 85 trimmed existing stakes and 57 added.

The largest buyer was Nomura Holdings, adding an estimated $28.4M. The largest seller was D.E. Shaw & Co, cutting an estimated $26.8M.

  • 195 institutional investors held PennyMac Mortgage Investment (PMT) as of Q1 2021, down from 206 in Q4 2020.
  • Funds reported $1.34B of PennyMac Mortgage Investment stock for Q1 2021, up 6.6% quarter-over-quarter.
  • 25 funds opened new PennyMac Mortgage Investment positions in Q1 2021 and 35 closed out, a net change of -10 holders.
  • The largest PennyMac Mortgage Investment buyer in Q1 2021 was Nomura Holdings, an estimated $28.4M added.
  • The largest PennyMac Mortgage Investment seller in Q1 2021 was D.E. Shaw & Co, an estimated $26.8M sold.

Based on aggregated 13F filings for Q1 2021.