PennyMac Financial
PFSI
192 hedge funds and large institutions have $2.59B invested in PennyMac Financial in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 68 increasing their positions, 58 reducing their positions, and 23 closing their positions.
78% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 23
36% more capital invested
Capital invested by funds: $1.91B → $2.59B (+$683M)
17% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 58
10% more funds holding
Funds holding: 175 → 192 (+17)
1.62% more ownership
Funds ownership: 57.07% → 58.69% (+1.6%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
51% less call options, than puts
Call options by funds: $85.4M | Put options by funds: $175M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$35.7M |
| 2 |
JP Morgan Chase
New York
|
+$29.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$25.3M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$24M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
-$107M |
| 2 |
Millennium Management
New York
|
-$13.1M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$11.2M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$10.7M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$9.03M |
PFSI Hedge Fund Activity: Q4 2023 in Review
192 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q4 2023, worth a combined $2.59B — up 36% from $1.91B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PFSI positions and 23 closed out — a net gain of 18 holders — while 68 added to existing stakes and 58 trimmed.
The largest buyer was Invesco, adding an estimated $35.7M. The largest seller was Senvest Management, cutting an estimated $107M.
- 192 institutional investors held PennyMac Financial (PFSI) as of Q4 2023, up from 175 in Q3 2023.
- Funds reported $2.59B of PennyMac Financial stock for Q4 2023, up 36% quarter-over-quarter.
- 41 funds opened new PennyMac Financial positions in Q4 2023 and 23 closed out, a net change of +18 holders.
- The largest PennyMac Financial buyer in Q4 2023 was Invesco, an estimated $35.7M added.
- The largest PennyMac Financial seller in Q4 2023 was Senvest Management, an estimated $107M sold.
Based on aggregated 13F filings for Q4 2023.