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PMT

PennyMac Mortgage Investment

200 hedge funds and large institutions have $1.2B invested in PennyMac Mortgage Investment in 2021 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 64 increasing their positions, 72 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 24

3% more funds holding

Funds holding: 194200 (+6)

0.55% more ownership

Funds ownership: 70.52%71.07% (+0.55%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less call options, than puts

Call options by funds: $14.3M | Put options by funds: $15.2M

11% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 72

12% less capital invested

Capital invested by funds: $1.36B → $1.2B (-$162M)

Holders
200
Holders Change
+6
Holders Change %
+3.09%
% of All Funds
3.08%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
32
Increased
64
Reduced
72
Closed
24
Calls
$14.3M
Puts
$15.2M
Net Calls
-$941K
Net Calls Change
-$13M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$306M +$1.73M +91,238 +0.5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$186M -$1.14M -60,367 -0.6%
Goldman Sachs
3
Goldman Sachs
New York
$87M +$5.78M +305,375 +6%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$72.4M +$191K +10,063 +0.2%
State Street
5
State Street
Massachusetts
$60.9M +$1.28M +67,667 +2%
Invesco
6
Invesco
Georgia
$38.7M +$21M +1,107,783 +99%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$28.9M +$154K +8,153 +0.5%
Mirae Asset Global Investments
8
Mirae Asset Global Investments
South Korea
$22M -$96.4K -5,090 -0.4%
Morgan Stanley
9
Morgan Stanley
New York
$20.7M +$3.31M +174,722 +17%
LSV Asset Management
10
LSV Asset Management
Illinois
$20.4M -$1.9M -100,300 -8%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$18.8M -$85K -4,486 -0.4%
Northern Trust
12
Northern Trust
Illinois
$18.3M -$46.2K -2,438 -0.2%
Charles Schwab
13
Charles Schwab
California
$17.8M +$762K +40,236 +4%
Norges Bank
14
Norges Bank
Norway
$17.5M
Nomura Holdings
15
Nomura Holdings
Japan
$14.5M -$9.88M -521,740 -38%
AllianceBernstein
16
AllianceBernstein
Tennessee
$13.1M +$1.4M +73,750 +11%
Principal Financial Group
17
Principal Financial Group
Iowa
$11.4M -$416K -21,943 -3%
VanEck Associates
18
VanEck Associates
New York
$10.6M -$461K -24,353 -4%
First Trust Advisors
19
First Trust Advisors
Illinois
$10M -$229K -12,116 -2%
Allianz Asset Management
20
Allianz Asset Management
Germany
$9.64M -$125K -6,607 -1%
GIM
21
Greenwich Investment Management
Connecticut
$9.43M +$10.3M +544,144 New
Balyasny Asset Management
22
Balyasny Asset Management
Illinois
$9.36M +$9.96M +525,603 +3,660%
Wellington Management Group
23
Wellington Management Group
Massachusetts
$8.53M +$50.2K +2,652 +0.5%
Ameriprise
24
Ameriprise
Minnesota
$7.44M -$256K -13,510 -3%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$7.28M -$1.77M -93,577 -18%

PMT Hedge Fund Activity: Q4 2021 in Review

200 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q4 2021, worth a combined $1.2B — down 12% from $1.36B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new PMT positions and 24 closed out — a net gain of 8 holders — while 64 added to existing stakes and 72 trimmed.

The largest buyer was Invesco, adding an estimated $21M. The largest seller was K2 Principal Fund, exiting entirely with an estimated $23.6M sold.

  • 200 institutional investors held PennyMac Mortgage Investment (PMT) as of Q4 2021, up from 194 in Q3 2021.
  • Funds reported $1.2B of PennyMac Mortgage Investment stock for Q4 2021, down 12% quarter-over-quarter.
  • 32 funds opened new PennyMac Mortgage Investment positions in Q4 2021 and 24 closed out, a net change of +8 holders.
  • The largest PennyMac Mortgage Investment buyer in Q4 2021 was Invesco, an estimated $21M added.
  • The largest PennyMac Mortgage Investment seller in Q4 2021 was K2 Principal Fund, an estimated $23.6M sold.

Based on aggregated 13F filings for Q4 2021.