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PennyMac Financial

130 hedge funds and large institutions have $1.21B invested in PennyMac Financial in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 47 increasing their positions, 33 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,489% more call options, than puts

Call options by funds: $8.88M | Put options by funds: $343K

147% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 15

128% more capital invested

Capital invested by funds: $531M → $1.21B (+$682M)

42% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 33

20% more funds holding

Funds holding: 108130 (+22)

20.26% more ownership

Funds ownership: 30.57%50.83% (+20%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
130
Holders Change
+22
Holders Change %
+20.37%
% of All Funds
2.85%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
37
Increased
47
Reduced
33
Closed
15
Calls
$8.88M
Puts
$343K
Net Calls
+$8.54M
Net Calls Change
+$8.79M
Name Holding Trade Value Shares
Change
Change in
Stake
Prudential Financial
26
Prudential Financial
New Jersey
$4.7M -$863K -31,997 -17%
Invesco
27
Invesco
Georgia
$4.5M +$1.46M +53,992 +57%
KCM
28
Kennedy Capital Management
Missouri
$4.16M +$996K +36,897 +37%
BCM
29
Bridgeway Capital Management
Texas
$4.07M
Goldman Sachs
30
Goldman Sachs
New York
$3.78M -$1.06M -39,415 -24%
Swiss National Bank
31
Swiss National Bank
Switzerland
$3.57M +$59.4K +2,200 +2%
ZIM
32
Zacks Investment Management
Illinois
$3.42M +$3.04M +112,516 New
PPA
33
Parametric Portfolio Associates
Washington
$3.14M +$1.69M +62,650 +153%
EI
34
EAM Investors
California
$3.11M +$2.77M +102,507 New
State of New Jersey Common Pension Fund D
35
State of New Jersey Common Pension Fund D
New Jersey
$3.05M +$2.71M +100,300 New
3C
36
361 Capital
Colorado
$2.89M +$2.57M +95,168 New
CAM
37
ClariVest Asset Management
California
$2.69M +$2.38M +88,036 +18,612%
BGIM
38
Brandywine Global Investment Management
Pennsylvania
$2.54M -$25.2K -935 -1%
New York State Common Retirement Fund
39
New York State Common Retirement Fund
New York
$2.38M +$1.43M +52,920 +207%
DCM
40
Driehaus Capital Management
Illinois
$2.21M +$1.96M +72,600 New
Connor, Clark & Lunn Investment Management (CC&L)
41
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.15M +$1.91M +70,700 New
Man Group
42
Man Group
United Kingdom
$2.06M -$2.18M -80,619 -54%
Marshall Wace
43
Marshall Wace
United Kingdom
$2.04M +$935K +34,659 +107%
EGI
44
EAM Global Investors
California
$1.95M +$1.73M +64,280 New
UBS AM
45
UBS AM
Illinois
$1.94M +$538K +19,934 +45%
AQR Capital Management
46
AQR Capital Management
Connecticut
$1.89M +$1.68M +62,106 New
QI
47
QS Investors
New York
$1.86M
DA
48
Denali Advisors
California
$1.86M +$1.41M +52,300 +594%
Arrowstreet Capital
49
Arrowstreet Capital
Massachusetts
$1.84M +$1.64M +60,600 New
CSS
50
Cubist Systematic Strategies
Connecticut
$1.83M +$1.33M +49,242 +451%

PFSI Hedge Fund Activity: Q3 2019 in Review

130 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2019, worth a combined $1.21B — up 128% from $531M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new PFSI positions and 15 closed out — a net gain of 22 holders — while 47 added to existing stakes and 33 trimmed.

The largest buyer was BlackRock, adding an estimated $420M. The largest seller was Vanguard Group, cutting an estimated $24.5M.

  • 130 institutional investors held PennyMac Financial (PFSI) as of Q3 2019, up from 108 in Q2 2019.
  • Funds reported $1.21B of PennyMac Financial stock for Q3 2019, up 128% quarter-over-quarter.
  • 37 funds opened new PennyMac Financial positions in Q3 2019 and 15 closed out, a net change of +22 holders.
  • The largest PennyMac Financial buyer in Q3 2019 was BlackRock, an estimated $420M added.
  • The largest PennyMac Financial seller in Q3 2019 was Vanguard Group, an estimated $24.5M sold.

Based on aggregated 13F filings for Q3 2019.