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PennyMac Financial

242 hedge funds and large institutions have $2.41B invested in PennyMac Financial in 2020 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 81 increasing their positions, 82 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more call options, than puts

Call options by funds: $160M | Put options by funds: $67M

54% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 39

10% more capital invested

Capital invested by funds: $2.2B → $2.41B (+$217M)

9% more funds holding

Funds holding: 223242 (+19)

1% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 82

1.64% less ownership

Funds ownership: 52.45%50.81% (-1.6%)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

Holders
242
Holders Change
+19
Holders Change %
+8.52%
% of All Funds
4.28%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.14%
New
60
Increased
81
Reduced
82
Closed
39
Calls
$160M
Puts
$67M
Net Calls
+$93.5M
Net Calls Change
-$30.5M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
51
First Trust Advisors
Illinois
$6.16M +$2.29M +38,516 +70%
SC
52
Sovarnum Capital
New York
$6.16M +$5.59M +93,900 New
PFMOSF
53
Philadelphia Financial Management of San Francisco
California
$6.04M -$10M -168,556 -65%
PAM
54
Panagora Asset Management
Massachusetts
$5.87M -$680K -11,436 -11%
CSS
55
Cubist Systematic Strategies
Connecticut
$5.57M +$3.51M +59,070 +228%
Federated Hermes
56
Federated Hermes
Pennsylvania
$5.41M -$3.09M -51,947 -39%
California Public Employees Retirement System
57
California Public Employees Retirement System
California
$5.38M -$131K -2,201 -3%
BHWA
58
Beacon Harbor Wealth Advisors
Virginia
$5.26M -$79.4K -1,334 -2%
New York State Common Retirement Fund
59
New York State Common Retirement Fund
New York
$4.71M +$1.57M +26,360 +58%
RhumbLine Advisers
60
RhumbLine Advisers
Massachusetts
$4.67M +$596K +10,023 +16%
Lazard Asset Management
61
Lazard Asset Management
New York
$4.66M +$4.21M +70,752 +23,903%
WMSA
62
Weiss Multi-Strategy Advisers
New York
$4.63M +$4.19M +70,507 New
Jane Street
63
Jane Street
New York
$4.58M +$3.32M +55,868 +402%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
64
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$4.53M +$4.1M +69,000 New
American Century Companies
65
American Century Companies
Missouri
$4.4M +$709K +11,914 +22%
UBS AM
66
UBS AM
Illinois
$4.36M -$94.6K -1,590 -2%
CCMG
67
Clark Capital Management Group
Pennsylvania
$4.36M -$1.42M -23,925 -26%
NA
68
Navellier & Associates
Nevada
$4.33M -$428K -7,201 -10%
Russell Investments Group
69
Russell Investments Group
United Kingdom
$4.24M +$1.7M +28,648 +80%
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$4.22M +$1.13K +19 +0%
FM
71
Foster & Motley
Ohio
$4.12M -$392K -6,590 -9%
AQR Capital Management
72
AQR Capital Management
Connecticut
$4.08M -$1.12M -18,747 -23%
SEI Investments
73
SEI Investments
Pennsylvania
$3.77M +$1.19M +19,924 +53%
TD Asset Management
74
TD Asset Management
Ontario, Canada
$3.53M -$30K -505 -0.9%
OAM
75
Origin Asset Management
United Kingdom
$3.15M

PFSI Hedge Fund Activity: Q4 2020 in Review

242 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q4 2020, worth a combined $2.41B — up 9.9% from $2.2B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new PFSI positions and 39 closed out — a net gain of 21 holders — while 81 added to existing stakes and 82 trimmed.

The largest buyer was BlackRock, adding an estimated $48.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $68.1M.

  • 242 institutional investors held PennyMac Financial (PFSI) as of Q4 2020, up from 223 in Q3 2020.
  • Funds reported $2.41B of PennyMac Financial stock for Q4 2020, up 9.9% quarter-over-quarter.
  • 60 funds opened new PennyMac Financial positions in Q4 2020 and 39 closed out, a net change of +21 holders.
  • The largest PennyMac Financial buyer in Q4 2020 was BlackRock, an estimated $48.9M added.
  • The largest PennyMac Financial seller in Q4 2020 was T. Rowe Price Associates, an estimated $68.1M sold.

Based on aggregated 13F filings for Q4 2020.