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PennyMac Financial

193 hedge funds and large institutions have $2.63B invested in PennyMac Financial in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 58 increasing their positions, 67 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 34

2% more capital invested

Capital invested by funds: $2.59B → $2.63B (+$41.6M)

1% more funds holding

Funds holding: 192193 (+1)

1.39% less ownership

Funds ownership: 58.69%57.3% (-1.4%)

13% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 67

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

42% less call options, than puts

Call options by funds: $51.1M | Put options by funds: $87.8M

Holders
193
Holders Change
+1
Holders Change %
+0.52%
% of All Funds
2.78%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
36
Increased
58
Reduced
67
Closed
34
Calls
$51.1M
Puts
$87.8M
Net Calls
-$36.7M
Net Calls Change
+$52.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Jacobs Levy Equity Management
26
Jacobs Levy Equity Management
New Jersey
$12.7M +$104K +1,190 +0.9%
BGIM
27
Brandywine Global Investment Management
Pennsylvania
$12.4M -$89.2K -1,021 -0.7%
N
28
Nuveen
North Carolina
$10.6M +$161K +1,838 +2%
Balyasny Asset Management
29
Balyasny Asset Management
Illinois
$10.1M +$9.72M +111,286 New
T. Rowe Price Associates
30
T. Rowe Price Associates
Maryland
$10.1M -$980K -11,215 -9%
AllianceBernstein
31
AllianceBernstein
Tennessee
$9.34M -$4.03M -46,074 -31%
Macquarie Group
32
Macquarie Group
Australia
$9.29M +$659K +7,547 +8%
Qube Research & Technologies (QRT)
33
Qube Research & Technologies (QRT)
United Kingdom
$8.53M +$4.8M +54,938 +142%
Man Group
34
Man Group
United Kingdom
$7.69M -$1.74M -19,934 -19%
Swiss National Bank
35
Swiss National Bank
Switzerland
$7.62M
UBS Group
36
UBS Group
Switzerland
$6.6M -$840K -9,614 -12%
Squarepoint
37
Squarepoint
New York
$6.39M +$5.51M +63,090 +889%
Bank of America
38
Bank of America
North Carolina
$6.28M +$2.54M +29,035 +73%
Allianz Asset Management
39
Allianz Asset Management
Germany
$6.18M +$514K +5,888 +9%
Assenagon Asset Management
40
Assenagon Asset Management
Luxembourg
$6.18M +$5.93M +67,866 New
SDIC
41
South Dakota Investment Council
South Dakota
$6.01M +$2.94M +33,600 +104%
TD Asset Management
42
TD Asset Management
Ontario, Canada
$5.6M -$507K -5,800 -9%
PFMOSF
43
Philadelphia Financial Management of San Francisco
California
$5.45M -$1.75M -20,067 -25%
CS
44
Credit Suisse
Switzerland
$5.21M +$229K +2,626 +5%
AACP
45
Advantage Alpha Capital Partners
California
$4.93M -$983K -11,250 -17%
UBS AM
46
UBS AM
Illinois
$4.89M
Federated Hermes
47
Federated Hermes
Pennsylvania
$4.69M -$772K -8,834 -15%
PMAM
48
Picton Mahoney Asset Management
Ontario, Canada
$4.31M -$437 -5 -0%
Jane Street
49
Jane Street
New York
$4.14M +$75.5K +864 +2%
Millennium Management
50
Millennium Management
New York
$4.1M -$760K -8,700 -16%

PFSI Hedge Fund Activity: Q1 2024 in Review

193 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q1 2024, worth a combined $2.63B — up 1.6% from $2.59B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new PFSI positions and 34 closed out — a net gain of 2 holders — while 58 added to existing stakes and 67 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $26.8M. The largest seller was Citadel Advisors, cutting an estimated $31.5M.

  • 193 institutional investors held PennyMac Financial (PFSI) as of Q1 2024, up from 192 in Q4 2023.
  • Funds reported $2.63B of PennyMac Financial stock for Q1 2024, up 1.6% quarter-over-quarter.
  • 36 funds opened new PennyMac Financial positions in Q1 2024 and 34 closed out, a net change of +2 holders.
  • The largest PennyMac Financial buyer in Q1 2024 was Fidelity Investments, an estimated $26.8M added.
  • The largest PennyMac Financial seller in Q1 2024 was Citadel Advisors, an estimated $31.5M sold.

Based on aggregated 13F filings for Q1 2024.