PennyMac Mortgage Investment
PMT
186 hedge funds and large institutions have $756M invested in PennyMac Mortgage Investment in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 54 increasing their positions, 81 reducing their positions, and 34 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.27% more ownership
Funds ownership: 68.6% → 70.87% (+2.3%)
8% less funds holding
Funds holding: 203 → 186 (-17)
13% less capital invested
Capital invested by funds: $871M → $756M (-$115M)
33% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 81
41% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 34
54% less call options, than puts
Call options by funds: $6.47M | Put options by funds: $14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$19.5M |
| 2 |
Millennium Management
New York
|
+$14.5M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$7.95M |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$7.76M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$4.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$63.8M |
| 2 |
Goldman Sachs
New York
|
-$10.4M |
| 3 |
BlackRock
New York
|
-$4.61M |
| 4 |
Amundi
Paris,
France
|
-$3.8M |
| 5 |
ACM
AlphaCrest Capital Management
New York
|
-$2.54M |
PMT Hedge Fund Activity: Q3 2022 in Review
186 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q3 2022, worth a combined $756M — down 13% from $871M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PMT and 20 opened new positions — a net loss of 14 holders — while 81 trimmed existing stakes and 54 added.
The largest buyer was K2 Principal Fund, opening a new position worth an estimated $19.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $63.8M.
- 186 institutional investors held PennyMac Mortgage Investment (PMT) as of Q3 2022, down from 203 in Q2 2022.
- Funds reported $756M of PennyMac Mortgage Investment stock for Q3 2022, down 13% quarter-over-quarter.
- 20 funds opened new PennyMac Mortgage Investment positions in Q3 2022 and 34 closed out, a net change of -14 holders.
- The largest PennyMac Mortgage Investment buyer in Q3 2022 was K2 Principal Fund, an estimated $19.5M added.
- The largest PennyMac Mortgage Investment seller in Q3 2022 was T. Rowe Price Associates, an estimated $63.8M sold.
Based on aggregated 13F filings for Q3 2022.