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PennyMac Financial

185 hedge funds and large institutions have $1.63B invested in PennyMac Financial in 2020 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 74 increasing their positions, 56 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

254% more call options, than puts

Call options by funds: $51.2M | Put options by funds: $14.5M

92% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 25

75% more funds holding in top 10

Funds holding in top 10: 814 (+6)

73% more capital invested

Capital invested by funds: $942M → $1.63B (+$686M)

32% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 56

13% more funds holding

Funds holding: 163185 (+22)

5.04% less ownership

Funds ownership: 54.22%49.18% (-5%)

Holders
185
Holders Change
+22
Holders Change %
+13.5%
% of All Funds
3.79%
Holding in Top 10
14
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+75%
% of All Funds
0.29%
New
48
Increased
74
Reduced
56
Closed
25
Calls
$51.2M
Puts
$14.5M
Net Calls
+$36.7M
Net Calls Change
+$50.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
51
Allianz Asset Management
Germany
$4.55M +$1.94M +61,245 +128%
HIM
52
Hillsdale Investment Management
Ontario, Canada
$4.44M +$2.5M +78,900 +288%
BHWA
53
Beacon Harbor Wealth Advisors
Virginia
$4.37M +$75K +2,369 +2%
CCMG
54
Clark Capital Management Group
Pennsylvania
$4.01M +$67.1K +2,117 +2%
EMFAT
55
Emerald Mutual Fund Advisers Trust
Pennsylvania
$4M
Man Group
56
Man Group
United Kingdom
$3.93M +$999K +31,531 +50%
California Public Employees Retirement System
57
California Public Employees Retirement System
California
$3.69M +$981K +30,981 +54%
Prudential Financial
58
Prudential Financial
New Jersey
$3.63M +$1.74M +54,908 +172%
DA
59
Denali Advisors
California
$3.56M +$976K +30,800 +57%
New York State Common Retirement Fund
60
New York State Common Retirement Fund
New York
$3.55M +$580K +18,300 +27%
RhumbLine Advisers
61
RhumbLine Advisers
Massachusetts
$3.47M +$1.18M +37,239 +81%
First Trust Advisors
62
First Trust Advisors
Illinois
$3.41M +$649K +20,500 +33%
Two Sigma Investments
63
Two Sigma Investments
New York
$3.39M -$495K -15,633 -16%
FM
64
Foster & Motley
Ohio
$3.29M -$242K -7,648 -9%
Lazard Asset Management
65
Lazard Asset Management
New York
$3.25M -$3.89M -122,826 -61%
ZIM
66
Zacks Investment Management
Illinois
$3.21M -$564K -17,811 -19%
Barclays
67
Barclays
United Kingdom
$3.17M +$1.31M +41,447 +120%
California State Teachers Retirement System (CalSTRS)
68
California State Teachers Retirement System (CalSTRS)
California
$2.93M +$1.02M +32,316 +86%
SG Americas Securities
69
SG Americas Securities
New York
$2.88M +$2.02M +63,689 +1,235%
State of New Jersey Common Pension Fund D
70
State of New Jersey Common Pension Fund D
New Jersey
$2.86M -$16.8K -530 -0.8%
AQR Capital Management
71
AQR Capital Management
Connecticut
$2.85M -$171K -5,408 -7%
UBS AM
72
UBS AM
Illinois
$2.85M -$100K -3,165 -4%
Victory Capital Management
73
Victory Capital Management
Texas
$2.8M -$363K -11,446 -15%
HAI
74
Hennessy Advisors Inc
California
$2.72M -$792K -25,000 -28%
NA
75
Navellier & Associates
Nevada
$2.65M +$397K +12,527 +25%

PFSI Hedge Fund Activity: Q2 2020 in Review

185 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q2 2020, worth a combined $1.63B — up 73% from $942M a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new PFSI positions and 25 closed out — a net gain of 23 holders — while 74 added to existing stakes and 56 trimmed.

The largest buyer was Vanguard Group, adding an estimated $23.2M. The largest seller was BlackRock, cutting an estimated $167M.

  • 185 institutional investors held PennyMac Financial (PFSI) as of Q2 2020, up from 163 in Q1 2020.
  • Funds reported $1.63B of PennyMac Financial stock for Q2 2020, up 73% quarter-over-quarter.
  • 48 funds opened new PennyMac Financial positions in Q2 2020 and 25 closed out, a net change of +23 holders.
  • The largest PennyMac Financial buyer in Q2 2020 was Vanguard Group, an estimated $23.2M added.
  • The largest PennyMac Financial seller in Q2 2020 was BlackRock, an estimated $167M sold.

Based on aggregated 13F filings for Q2 2020.