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PennyMac Financial

242 hedge funds and large institutions have $2.41B invested in PennyMac Financial in 2020 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 81 increasing their positions, 82 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more call options, than puts

Call options by funds: $160M | Put options by funds: $67M

54% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 39

10% more capital invested

Capital invested by funds: $2.2B → $2.41B (+$217M)

9% more funds holding

Funds holding: 223242 (+19)

1% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 82

1.64% less ownership

Funds ownership: 52.45%50.81% (-1.6%)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

Holders
242
Holders Change
+19
Holders Change %
+8.52%
% of All Funds
4.28%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.14%
New
60
Increased
81
Reduced
82
Closed
39
Calls
$160M
Puts
$67M
Net Calls
+$93.5M
Net Calls Change
-$30.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$18.1M +$134K +2,245 +0.8%
RCMNY
27
Rubric Capital Management (New York)
New York
$17.6M -$8.54M -143,617 -35%
Millennium Management
28
Millennium Management
New York
$17M +$5.63M +94,577 +58%
BGIM
29
Brandywine Global Investment Management
Pennsylvania
$15.6M +$630K +10,598 +5%
JAM
30
Jacobs Asset Management
New York
$14.8M -$12.2M -205,000 -48%
Goldman Sachs
31
Goldman Sachs
New York
$14.1M -$27.7M -465,701 -68%
Axa
32
Axa
France
$14M +$2.71M +45,600 +27%
Prudential Financial
33
Prudential Financial
New Jersey
$12.1M +$6.01M +101,065 +122%
Man Group
34
Man Group
United Kingdom
$11.7M -$1.14M -19,084 -10%
NSGL
35
No Street GP LP
California
$11.5M +$892K +15,000 +9%
Wells Fargo
36
Wells Fargo
California
$10.9M -$10.9M -183,559 -52%
KCM
37
Kennedy Capital Management
Missouri
$10.6M -$1.66M -27,873 -15%
Citadel Advisors
38
Citadel Advisors
Florida
$9.97M -$9.99M -167,890 -52%
BPCM
39
Beach Point Capital Management
California
$9.53M +$8.64M +145,250 New
PP
40
Professional Planning
California
$8.79M -$7.91K -133 -0.1%
Swiss National Bank
41
Swiss National Bank
Switzerland
$8.59M -$761K -12,800 -9%
Acadian Asset Management
42
Acadian Asset Management
Massachusetts
$8.28M +$4.17M +70,136 +125%
EAM
43
Eagle Asset Management
Florida
$8.17M -$6M -100,875 -45%
Grantham, Mayo, Van Otterloo & Co (GMO)
44
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$7.79M -$23.3M -391,700 -77%
SVC
45
Strycker View Capital
New York
$7.53M -$553K -9,298 -8%
PCM
46
Penserra Capital Management
California
$7.4M -$413K -6,950 -6%
CS
47
Credit Suisse
Switzerland
$6.8M +$1.16M +19,565 +23%
PPA
48
Parametric Portfolio Associates
Washington
$6.62M -$1.36M -22,828 -18%
OCP
49
OCO Capital Partners
New York
$6.56M -$11.9M -200,000 -67%
HIM
50
Hillsdale Investment Management
Ontario, Canada
$6.2M -$143K -2,400 -2%

PFSI Hedge Fund Activity: Q4 2020 in Review

242 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q4 2020, worth a combined $2.41B — up 9.9% from $2.2B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new PFSI positions and 39 closed out — a net gain of 21 holders — while 81 added to existing stakes and 82 trimmed.

The largest buyer was BlackRock, adding an estimated $48.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $68.1M.

  • 242 institutional investors held PennyMac Financial (PFSI) as of Q4 2020, up from 223 in Q3 2020.
  • Funds reported $2.41B of PennyMac Financial stock for Q4 2020, up 9.9% quarter-over-quarter.
  • 60 funds opened new PennyMac Financial positions in Q4 2020 and 39 closed out, a net change of +21 holders.
  • The largest PennyMac Financial buyer in Q4 2020 was BlackRock, an estimated $48.9M added.
  • The largest PennyMac Financial seller in Q4 2020 was T. Rowe Price Associates, an estimated $68.1M sold.

Based on aggregated 13F filings for Q4 2020.