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PMT

PennyMac Mortgage Investment

176 hedge funds and large institutions have $793M invested in PennyMac Mortgage Investment in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 69 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $751M → $793M (+$42.1M)

1.3% less ownership

Funds ownership: 68.47%67.17% (-1.3%)

5% less funds holding

Funds holding: 186176 (-10)

22% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 69

23% less call options, than puts

Call options by funds: $6.82M | Put options by funds: $8.86M

29% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 31

Holders
176
Holders Change
-10
Holders Change %
-5.38%
% of All Funds
2.76%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
22
Increased
54
Reduced
69
Closed
31
Calls
$6.82M
Puts
$8.86M
Net Calls
-$2.04M
Net Calls Change
+$1.76M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$208M -$6.14M -501,991 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$135M -$2.94M -240,315 -2%
T. Rowe Price Investment Management
3
T. Rowe Price Investment Management
Maryland
$80.9M +$8.36M +683,024 +13%
State Street
4
State Street
Massachusetts
$46.5M +$90.8K +7,424 +0.2%
Goldman Sachs
5
Goldman Sachs
New York
$30.9M -$9.18M -750,639 -25%
JP Morgan Chase
6
JP Morgan Chase
New York
$27.1M +$11.1M +906,150 +82%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$23.4M -$99.6K -8,146 -0.5%
VNIM
8
Vaughan Nelson Investment Management
Texas
$16.5M +$4.32M +353,306 +41%
Charles Schwab
9
Charles Schwab
California
$16.5M +$790K +64,584 +6%
Morgan Stanley
10
Morgan Stanley
New York
$16.2M +$905K +73,951 +7%
Invesco
11
Invesco
Georgia
$15.9M +$189K +15,457 +1%
Northern Trust
12
Northern Trust
Illinois
$12.3M -$201K -16,405 -2%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$12M -$496K -40,537 -4%
Norges Bank
14
Norges Bank
Norway
$10.7M
Mirae Asset Global Investments
15
Mirae Asset Global Investments
South Korea
$8.33M -$312K -25,542 -4%
Allianz Asset Management
16
Allianz Asset Management
Germany
$7.55M
Citadel Advisors
17
Citadel Advisors
Florida
$6.99M +$2.13M +173,961 +50%
Principal Financial Group
18
Principal Financial Group
Iowa
$6.71M -$481K -39,339 -7%
VanEck Associates
19
VanEck Associates
New York
$5.88M +$730K +59,691 +16%
SGCIA
20
Smith Graham & Co Investment Advisors
Texas
$4.56M -$185K -15,094 -4%
Ameriprise
21
Ameriprise
Minnesota
$4.46M -$242K -19,819 -6%
RhumbLine Advisers
22
RhumbLine Advisers
Massachusetts
$3.85M -$55.3K -4,518 -2%
Legal & General Group
23
Legal & General Group
United Kingdom
$3.48M -$116K -9,506 -4%
N
24
Nuveen
North Carolina
$3.4M -$287K -23,432 -8%
WAM
25
Wolverine Asset Management
Illinois
$2.97M -$1.81M -148,229 -40%

PMT Hedge Fund Activity: Q2 2023 in Review

176 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q2 2023, worth a combined $793M — up 5.6% from $751M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of PMT and 22 opened new positions — a net loss of 9 holders — while 69 trimmed existing stakes and 54 added.

The largest buyer was JP Morgan Chase, adding an estimated $11.1M. The largest seller was Goldman Sachs, cutting an estimated $9.18M.

  • 176 institutional investors held PennyMac Mortgage Investment (PMT) as of Q2 2023, down from 186 in Q1 2023.
  • Funds reported $793M of PennyMac Mortgage Investment stock for Q2 2023, up 5.6% quarter-over-quarter.
  • 22 funds opened new PennyMac Mortgage Investment positions in Q2 2023 and 31 closed out, a net change of -9 holders.
  • The largest PennyMac Mortgage Investment buyer in Q2 2023 was JP Morgan Chase, an estimated $11.1M added.
  • The largest PennyMac Mortgage Investment seller in Q2 2023 was Goldman Sachs, an estimated $9.18M sold.

Based on aggregated 13F filings for Q2 2023.