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PMT

PennyMac Mortgage Investment

194 hedge funds and large institutions have $1.36B invested in PennyMac Mortgage Investment in 2021 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 68 increasing their positions, 69 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $26.2M | Put options by funds: $14.1M

0.38% more ownership

Funds ownership: 70.15%70.52% (+0.38%)

1% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 69

4% less funds holding

Funds holding: 202194 (-8)

6% less capital invested

Capital invested by funds: $1.44B → $1.36B (-$85M)

28% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 25

Holders
194
Holders Change
-8
Holders Change %
-3.96%
% of All Funds
3.4%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
68
Reduced
69
Closed
25
Calls
$26.2M
Puts
$14.1M
Net Calls
+$12.1M
Net Calls Change
+$17.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$346M -$8.54M -435,899 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$212M -$242K -12,349 -0.1%
Goldman Sachs
3
Goldman Sachs
New York
$92.9M +$2.34M +119,429 +3%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$82M -$189K -9,624 -0.2%
State Street
5
State Street
Massachusetts
$66.1M +$127K +6,469 +0.2%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$32.7M +$617K +31,493 +2%
Nomura Holdings
7
Nomura Holdings
Japan
$27M -$5.04M -256,922 -16%
Mirae Asset Global Investments
8
Mirae Asset Global Investments
South Korea
$25.1M -$689K -35,176 -3%
LSV Asset Management
9
LSV Asset Management
Illinois
$25.1M -$513K -26,174 -2%
KPF
10
K2 Principal Fund
Ontario, Canada
$23.6M +$16M +817,086 +213%
JP Morgan Chase
11
JP Morgan Chase
New York
$22.7M -$4.59M -233,998 -17%
Invesco
12
Invesco
Georgia
$22.1M +$9.68M +494,060 +79%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$21.4M +$39.8K +2,033 +0.2%
Northern Trust
14
Northern Trust
Illinois
$20.8M -$643K -32,795 -3%
Morgan Stanley
15
Morgan Stanley
New York
$20.1M +$3.4M +173,383 +21%
Norges Bank
16
Norges Bank
Norway
$19.9M -$362K -18,480 -2%
Charles Schwab
17
Charles Schwab
California
$19.5M +$797K +40,639 +4%
AllianceBernstein
18
AllianceBernstein
Tennessee
$13.4M +$976K +49,801 +8%
Principal Financial Group
19
Principal Financial Group
Iowa
$13.4M -$232K -11,820 -2%
VanEck Associates
20
VanEck Associates
New York
$12.6M -$1.43M -72,968 -10%
CS
21
Credit Suisse
Switzerland
$12.5M -$1.2M -61,106 -9%
First Trust Advisors
22
First Trust Advisors
Illinois
$11.6M +$9.44M +481,726 +444%
Allianz Asset Management
23
Allianz Asset Management
Germany
$11.1M -$411K -20,974 -4%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$10.1M -$267K -13,645 -3%
Wellington Management Group
25
Wellington Management Group
Massachusetts
$9.64M -$252K -12,870 -3%

PMT Hedge Fund Activity: Q3 2021 in Review

194 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q3 2021, worth a combined $1.36B — down 5.9% from $1.44B a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of PMT and 18 opened new positions — a net loss of 7 holders — while 69 trimmed existing stakes and 68 added.

The largest buyer was K2 Principal Fund, adding an estimated $16M. The largest seller was BlackRock, cutting an estimated $8.54M.

  • 194 institutional investors held PennyMac Mortgage Investment (PMT) as of Q3 2021, down from 202 in Q2 2021.
  • Funds reported $1.36B of PennyMac Mortgage Investment stock for Q3 2021, down 5.9% quarter-over-quarter.
  • 18 funds opened new PennyMac Mortgage Investment positions in Q3 2021 and 25 closed out, a net change of -7 holders.
  • The largest PennyMac Mortgage Investment buyer in Q3 2021 was K2 Principal Fund, an estimated $16M added.
  • The largest PennyMac Mortgage Investment seller in Q3 2021 was BlackRock, an estimated $8.54M sold.

Based on aggregated 13F filings for Q3 2021.