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PennyMac Financial

130 hedge funds and large institutions have $1.21B invested in PennyMac Financial in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 47 increasing their positions, 33 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,489% more call options, than puts

Call options by funds: $8.88M | Put options by funds: $343K

147% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 15

128% more capital invested

Capital invested by funds: $531M → $1.21B (+$682M)

42% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 33

20% more funds holding

Funds holding: 108130 (+22)

20.26% more ownership

Funds ownership: 30.57%50.83% (+20%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
130
Holders Change
+22
Holders Change %
+20.37%
% of All Funds
2.85%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
37
Increased
47
Reduced
33
Closed
15
Calls
$8.88M
Puts
$343K
Net Calls
+$8.54M
Net Calls Change
+$8.79M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
51
First Trust Advisors
Illinois
$1.82M -$2.46M -91,167 -60%
TD Asset Management
52
TD Asset Management
Ontario, Canada
$1.81M +$192K +7,100 +14%
Barclays
53
Barclays
United Kingdom
$1.75M +$1.02M +37,943 +194%
CS
54
Credit Suisse
Switzerland
$1.73M +$601K +22,264 +64%
Bank of America
55
Bank of America
North Carolina
$1.61M +$416K +15,417 +41%
Canada Pension Plan Investment Board
56
Canada Pension Plan Investment Board
Ontario, Canada
$1.59M -$165K -6,100 -10%
Wells Fargo
57
Wells Fargo
California
$1.57M +$251K +9,308 +22%
SCM
58
Sterling Capital Management
North Carolina
$1.53M +$267K +9,891 +24%
IA
59
IndexIQ Advisors
New York
$1.46M -$243K -8,998 -16%
Two Sigma Investments
60
Two Sigma Investments
New York
$1.42M +$1.26M +46,822 New
Royal Bank of Canada
61
Royal Bank of Canada
Ontario, Canada
$1.28M +$17.4K +645 +2%
BIM
62
Bogle Investment Management
Massachusetts
$1.27M -$1.92M -71,077 -63%
BPM
63
Bowling Portfolio Management
Ohio
$1.27M +$1.13M +41,766 New
Bessemer Group
64
Bessemer Group
New Jersey
$1.25M +$761K +28,218 +215%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$1.18M +$12.5K +465 +1%
RhumbLine Advisers
66
RhumbLine Advisers
Massachusetts
$1.18M +$81K +3,003 +8%
EMG
67
Ellington Management Group
Connecticut
$1.09M -$2.81M -103,972 -74%
VRS
68
Virginia Retirement Systems
Virginia
$1.07M +$159K +5,900 +20%
MAM
69
Martingale Asset Management
Massachusetts
$1.04M -$119K -4,412 -11%
Creative Planning
70
Creative Planning
Kansas
$1.01M +$897K +33,250 New
HF
71
HRT Financial
New York
$982K +$873K +32,341 New
Susquehanna International Group
72
Susquehanna International Group
Pennsylvania
$967K -$307K -11,373 -26%
SEI Investments
73
SEI Investments
Pennsylvania
$881K +$787K +29,169 New
HIM
74
Hillsdale Investment Management
Ontario, Canada
$832K +$739K +27,400 New
Ameriprise
75
Ameriprise
Minnesota
$716K +$1.28M +47,318 New

PFSI Hedge Fund Activity: Q3 2019 in Review

130 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2019, worth a combined $1.21B — up 128% from $531M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new PFSI positions and 15 closed out — a net gain of 22 holders — while 47 added to existing stakes and 33 trimmed.

The largest buyer was BlackRock, adding an estimated $420M. The largest seller was Vanguard Group, cutting an estimated $24.5M.

  • 130 institutional investors held PennyMac Financial (PFSI) as of Q3 2019, up from 108 in Q2 2019.
  • Funds reported $1.21B of PennyMac Financial stock for Q3 2019, up 128% quarter-over-quarter.
  • 37 funds opened new PennyMac Financial positions in Q3 2019 and 15 closed out, a net change of +22 holders.
  • The largest PennyMac Financial buyer in Q3 2019 was BlackRock, an estimated $420M added.
  • The largest PennyMac Financial seller in Q3 2019 was Vanguard Group, an estimated $24.5M sold.

Based on aggregated 13F filings for Q3 2019.