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PennyMac Financial

85 hedge funds and large institutions have $343M invested in PennyMac Financial in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 28 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

34% more capital invested

Capital invested by funds: $256M → $343M (+$86.3M)

5% more funds holding

Funds holding: 8185 (+4)

2.12% less ownership

Funds ownership: 93.05%90.93% (-2.1%)

21% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 28

48% less call options, than puts

Call options by funds: $54K | Put options by funds: $103K

Holders
85
Holders Change
+4
Holders Change %
+4.94%
% of All Funds
2.27%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
17
Increased
22
Reduced
28
Closed
12
Calls
$54K
Puts
$103K
Net Calls
-$49K
Net Calls Change
-$47K
Name Holding Trade Value Shares
Change
Change in
Stake
CAM
26
ClariVest Asset Management
California
$1.92M +$1.71M +112,806 New
GIM
27
Greenwich Investment Management
Connecticut
$1.77M +$11.8K +775 +0.7%
SC
28
Seawolf Capital
New York
$1.48M -$1.46M -96,037 -52%
NFA
29
Nationwide Fund Advisors
Ohio
$1.47M
Invesco
30
Invesco
Georgia
$1.24M -$4.96K -327 -0.4%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$1.16M -$180K -11,852 -15%
OAM
32
Oxford Asset Management
United Kingdom
$1.11M -$382K -25,175 -28%
Nordea Investment Management
33
Nordea Investment Management
Sweden
$1.1M +$984K +64,900 New
Prudential Financial
34
Prudential Financial
New Jersey
$1.09M +$33.8K +2,230 +4%
CEP
35
Chicago Equity Partners
Illinois
$875K -$21.8K -1,440 -3%
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$709K -$42K -2,772 -6%
Susquehanna International Group
37
Susquehanna International Group
Pennsylvania
$666K -$171K -11,307 -22%
BIM
38
BlackRock Investment Management
Delaware
$619K
SO
39
STRS Ohio
Ohio
$610K -$140K -9,200 -20%
SCM
40
Sterling Capital Management
North Carolina
$591K +$527K +34,770 New
Ameriprise
41
Ameriprise
Minnesota
$576K +$513K +33,841 New
Grantham, Mayo, Van Otterloo & Co (GMO)
42
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$572K -$28.8K -1,900 -5%
CIC
43
Cornercap Investment Counsel
Georgia
$542K -$158K -10,440 -25%
Deutsche Bank
44
Deutsche Bank
Germany
$510K +$371K +24,485 +438%
California State Teachers Retirement System (CalSTRS)
45
California State Teachers Retirement System (CalSTRS)
California
$489K +$3.03K +200 +0.7%
SCA
46
Secor Capital Advisors
New York
$411K +$366K +24,163 New
MAM
47
Martingale Asset Management
Massachusetts
$395K -$253K -16,700 -42%
Connor, Clark & Lunn Investment Management (CC&L)
48
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$353K +$315K +20,741 New
TA
49
Teachers Advisors
New York
$344K
Jacobs Levy Equity Management
50
Jacobs Levy Equity Management
New Jersey
$337K -$10.6K -700 -3%

PFSI Hedge Fund Activity: Q3 2016 in Review

85 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2016, worth a combined $343M — up 34% from $256M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PFSI positions and 12 closed out — a net gain of 5 holders — while 22 added to existing stakes and 28 trimmed.

The largest buyer was New Amsterdam Partners, opening a new position worth an estimated $3.99M. The largest seller was Long Pond Capital, exiting entirely with an estimated $7.53M sold.

  • 85 institutional investors held PennyMac Financial (PFSI) as of Q3 2016, up from 81 in Q2 2016.
  • Funds reported $343M of PennyMac Financial stock for Q3 2016, up 34% quarter-over-quarter.
  • 17 funds opened new PennyMac Financial positions in Q3 2016 and 12 closed out, a net change of +5 holders.
  • The largest PennyMac Financial buyer in Q3 2016 was New Amsterdam Partners, an estimated $3.99M added.
  • The largest PennyMac Financial seller in Q3 2016 was Long Pond Capital, an estimated $7.53M sold.

Based on aggregated 13F filings for Q3 2016.