PennyMac Financial
PFSI
223 hedge funds and large institutions have $2.2B invested in PennyMac Financial in 2020 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 57 increasing their positions, 92 reducing their positions, and 22 closing their positions.
415% more call options, than puts
Call options by funds: $154M | Put options by funds: $29.9M
177% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 22
35% more capital invested
Capital invested by funds: $1.63B → $2.2B (+$569M)
21% more funds holding
Funds holding: 185 → 223 (+38)
3.27% more ownership
Funds ownership: 49.18% → 52.45% (+3.3%)
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
38% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$22.7M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$17.4M |
| 3 |
State Street
Boston,
Massachusetts
|
+$15.6M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$14.1M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$42.2M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$19.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$18.4M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$17.6M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$15.9M |
PFSI Hedge Fund Activity: Q3 2020 in Review
223 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2020, worth a combined $2.2B — up 35% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new PFSI positions and 22 closed out — a net gain of 39 holders — while 57 added to existing stakes and 92 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $22.7M. The largest seller was Senvest Management, cutting an estimated $42.2M.
- 223 institutional investors held PennyMac Financial (PFSI) as of Q3 2020, up from 185 in Q2 2020.
- Funds reported $2.2B of PennyMac Financial stock for Q3 2020, up 35% quarter-over-quarter.
- 61 funds opened new PennyMac Financial positions in Q3 2020 and 22 closed out, a net change of +39 holders.
- The largest PennyMac Financial buyer in Q3 2020 was Basswood Capital Management, an estimated $22.7M added.
- The largest PennyMac Financial seller in Q3 2020 was Senvest Management, an estimated $42.2M sold.
Based on aggregated 13F filings for Q3 2020.