PennyMac Financial
PFSI
62 hedge funds and large institutions have $253M invested in PennyMac Financial in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
11% more funds holding
Funds holding: 56 → 62 (+6)
10.65% more ownership
Funds ownership: 64.95% → 75.61% (+11%)
10% more capital invested
Capital invested by funds: $231M → $253M (+$22.3M)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$31.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.51M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.93M |
| 4 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$1.83M |
| 5 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$10.2M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$9.03M |
| 3 |
LPC
Long Pond Capital
New York
|
-$4.5M |
| 4 |
SAM
Symphony Asset Management
San Francisco,
California
|
-$1.65M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$921K |
PFSI Hedge Fund Activity: Q4 2013 in Review
62 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q4 2013, worth a combined $253M — up 9.7% from $231M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PFSI positions and 8 closed out — a net gain of 6 holders — while 19 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $31.1M. The largest seller was NWQ Investment Management Company, cutting an estimated $10.2M.
- 62 institutional investors held PennyMac Financial (PFSI) as of Q4 2013, up from 56 in Q3 2013.
- Funds reported $253M of PennyMac Financial stock for Q4 2013, up 9.7% quarter-over-quarter.
- 14 funds opened new PennyMac Financial positions in Q4 2013 and 8 closed out, a net change of +6 holders.
- The largest PennyMac Financial buyer in Q4 2013 was BlackRock, an estimated $31.1M added.
- The largest PennyMac Financial seller in Q4 2013 was NWQ Investment Management Company, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2013.