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PennyMac Financial

75 hedge funds and large institutions have $300M invested in PennyMac Financial in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

6,197% more call options, than puts

Call options by funds: $1.89M | Put options by funds: $30K

25% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 12

4% more funds holding

Funds holding: 7275 (+3)

4% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 23

3.48% less ownership

Funds ownership: 94.95%91.47% (-3.5%)

10% less capital invested

Capital invested by funds: $335M → $300M (-$34.6M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
75
Holders Change
+3
Holders Change %
+4.17%
% of All Funds
2.16%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
22
Reduced
23
Closed
12
Calls
$1.89M
Puts
$30K
Net Calls
+$1.86M
Net Calls Change
+$1.64M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
51
Credit Suisse
Switzerland
$179K -$278K -17,391 -60%
PP
52
Paloma Partners
Connecticut
$179K +$188K +11,777 New
NERM
53
New England Research & Management
Illinois
$179K +$189K +11,800 New
Bank of America
54
Bank of America
North Carolina
$166K +$80.2K +5,020 +85%
Jacobs Levy Equity Management
55
Jacobs Levy Equity Management
New Jersey
$165K +$174K +10,880 New
NFA
56
Nationwide Fund Advisors
Ohio
$152K
Manulife (Manufacturers Life Insurance)
57
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$138K -$30.9K -1,933 -18%
AIG
58
American International Group
New York
$133K +$1.18K +74 +0.9%
BA
59
BlackRock Advisors
Delaware
$90K
AAM
60
Advisors Asset Management
Colorado
$65K +$68.6K +4,291 New
Citigroup
61
Citigroup
New York
$63K -$28.5K -1,782 -30%
TRCT
62
Tower Research Capital (TRC)
New York
$62K -$378K -23,645 -85%
Royal Bank of Canada
63
Royal Bank of Canada
Ontario, Canada
$39K +$40.6K +2,540 +7,056%
JG
64
Jefferies Group
New York
$34K +$35.3K +2,208 New
WRM
65
Westport Resources Management
Connecticut
$30K
Deutsche Bank
66
Deutsche Bank
Germany
$22K -$916K -57,347 -97%
GXMC
67
Global X Management Company
New York
$20K +$2.32K +145 +12%
Group One Trading
68
Group One Trading
Illinois
$18K +$3.26K +204 +20%
VFA
69
Virtus Fund Advisers
Connecticut
$17K +$18.3K +1,143 New
Bank of Montreal
70
Bank of Montreal
Ontario, Canada
$5K +$5.11K +320 New
U
71
UBS
Switzerland
$3K -$70.5K -4,411 -96%
Barclays
72
Barclays
United Kingdom
$3K -$4.52K -283 -57%
DA
73
Denali Advisors
California
$2K +$1.6K +100 New
AWCI
74
Alpine Woods Capital Investors
New York
$1.9K -$47.9K -3,000 -2%
PNC Financial Services Group
75
PNC Financial Services Group
Pennsylvania
$1K +$1.01K +63 New

PFSI Hedge Fund Activity: Q2 2014 in Review

75 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q2 2014, worth a combined $300M — down 10% from $335M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PFSI positions and 12 closed out — a net gain of 3 holders — while 22 added to existing stakes and 23 trimmed.

The largest buyer was Soros Fund Management, opening a new position worth an estimated $2.99M. The largest seller was Foundation Asset Management, exiting entirely with an estimated $4.46M sold.

  • 75 institutional investors held PennyMac Financial (PFSI) as of Q2 2014, up from 72 in Q1 2014.
  • Funds reported $300M of PennyMac Financial stock for Q2 2014, down 10% quarter-over-quarter.
  • 15 funds opened new PennyMac Financial positions in Q2 2014 and 12 closed out, a net change of +3 holders.
  • The largest PennyMac Financial buyer in Q2 2014 was Soros Fund Management, an estimated $2.99M added.
  • The largest PennyMac Financial seller in Q2 2014 was Foundation Asset Management, an estimated $4.46M sold.

Based on aggregated 13F filings for Q2 2014.