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PMT

PennyMac Mortgage Investment

191 hedge funds and large institutions have $819M invested in PennyMac Mortgage Investment in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 64 increasing their positions, 66 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 27

3% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 66

1% less funds holding

Funds holding: 193191 (-2)

4.1% less ownership

Funds ownership: 68.69%64.59% (-4.1%)

8% less capital invested

Capital invested by funds: $891M → $819M (-$72.2M)

44% less call options, than puts

Call options by funds: $5.72M | Put options by funds: $10.2M

Holders
191
Holders Change
-2
Holders Change %
-1.04%
% of All Funds
2.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
27
Increased
64
Reduced
66
Closed
27
Calls
$5.72M
Puts
$10.2M
Net Calls
-$4.47M
Net Calls Change
+$8.25M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$221M -$2.78M -194,396 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$143M -$2.16M -150,951 -2%
T. Rowe Price Investment Management
3
T. Rowe Price Investment Management
Maryland
$87.6M -$1.13M -79,307 -1%
State Street
4
State Street
Massachusetts
$51.3M +$586K +40,999 +1%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$28.1M +$585K +40,899 +2%
Goldman Sachs
6
Goldman Sachs
New York
$24.7M -$1.55M -108,266 -6%
Charles Schwab
7
Charles Schwab
California
$20.8M +$810K +56,692 +4%
JP Morgan Chase
8
JP Morgan Chase
New York
$18.6M -$1.64M -114,896 -8%
Morgan Stanley
9
Morgan Stanley
New York
$18.3M -$19.9M -1,395,618 -53%
Northern Trust
10
Northern Trust
Illinois
$13.1M -$396K -27,735 -3%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$11.5M -$593K -41,489 -5%
Norges Bank
12
Norges Bank
Norway
$10.5M +$855K +59,833 +9%
First Trust Advisors
13
First Trust Advisors
Illinois
$9.84M +$785K +54,921 +9%
Invesco
14
Invesco
Georgia
$9.8M -$310K -21,672 -3%
Allianz Asset Management
15
Allianz Asset Management
Germany
$8.37M +$174K +12,157 +2%
Mirae Asset Global Investments
16
Mirae Asset Global Investments
South Korea
$7.51M +$402K +28,121 +5%
VanEck Associates
17
VanEck Associates
New York
$6.8M +$45.6K +3,192 +0.7%
Principal Financial Group
18
Principal Financial Group
Iowa
$6.6M -$34.7K -2,427 -0.5%
Ameriprise
19
Ameriprise
Minnesota
$4.52M +$176K +12,320 +4%
DIA
20
Dana Investment Advisors
Wisconsin
$4.46M +$4.35M +304,051 New
Jane Street
21
Jane Street
New York
$4.28M +$2.51M +175,623 +152%
RhumbLine Advisers
22
RhumbLine Advisers
Massachusetts
$4.08M +$3.57K +250 +0.1%
Citigroup
23
Citigroup
New York
$3.73M +$2.89M +202,405 +392%
Legal & General Group
24
Legal & General Group
United Kingdom
$3.66M +$19.8K +1,387 +0.6%
N
25
Nuveen
North Carolina
$3.59M -$2.73M -191,169 -44%

PMT Hedge Fund Activity: Q1 2024 in Review

191 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PennyMac Mortgage Investment (PMT) for Q1 2024, worth a combined $819M — down 8.1% from $891M a quarter earlier.

Fund positioning in PMT was balanced in Q1 2024: 27 funds opened new positions, 27 closed out, 64 added to existing stakes and 66 trimmed.

The largest buyer was Dana Investment Advisors, opening a new position worth an estimated $4.35M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $23.5M sold.

  • 191 institutional investors held PennyMac Mortgage Investment (PMT) as of Q1 2024, down from 193 in Q4 2023.
  • Funds reported $819M of PennyMac Mortgage Investment stock for Q1 2024, down 8.1% quarter-over-quarter.
  • 27 funds opened new PennyMac Mortgage Investment positions in Q1 2024 and 27 closed out, a net change of 0 holders.
  • The largest PennyMac Mortgage Investment buyer in Q1 2024 was Dana Investment Advisors, an estimated $4.35M added.
  • The largest PennyMac Mortgage Investment seller in Q1 2024 was Vaughan Nelson Investment Management, an estimated $23.5M sold.

Based on aggregated 13F filings for Q1 2024.