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PennyMac Financial

192 hedge funds and large institutions have $2.59B invested in PennyMac Financial in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 68 increasing their positions, 58 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 23

36% more capital invested

Capital invested by funds: $1.91B → $2.59B (+$683M)

17% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 58

10% more funds holding

Funds holding: 175192 (+17)

1.62% more ownership

Funds ownership: 57.07%58.69% (+1.6%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

51% less call options, than puts

Call options by funds: $85.4M | Put options by funds: $175M

Holders
192
Holders Change
+17
Holders Change %
+9.71%
% of All Funds
2.8%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
41
Increased
68
Reduced
58
Closed
23
Calls
$85.4M
Puts
$175M
Net Calls
-$89.6M
Net Calls Change
-$26M
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
51
RhumbLine Advisers
Massachusetts
$3.77M -$92.1K -1,227 -3%
California State Teachers Retirement System (CalSTRS)
52
California State Teachers Retirement System (CalSTRS)
California
$3.71M -$91.7K -1,221 -3%
EI
53
EAM Investors
California
$3.67M +$1.79M +23,848 +135%
Victory Capital Management
54
Victory Capital Management
Texas
$3.53M -$139K -1,851 -4%
Bank of America
55
Bank of America
North Carolina
$3.52M +$1.8M +24,027 +152%
Legal & General Group
56
Legal & General Group
United Kingdom
$3.45M +$23.1K +308 +0.8%
Qube Research & Technologies (QRT)
57
Qube Research & Technologies (QRT)
United Kingdom
$3.42M -$891K -11,867 -23%
EGI
58
EAM Global Investors
California
$3.42M +$2.91M +38,715 New
QCM
59
QRG Capital Management
Illinois
$2.97M +$227K +3,018 +10%
SDIC
60
South Dakota Investment Council
South Dakota
$2.87M
State of New Jersey Common Pension Fund D
61
State of New Jersey Common Pension Fund D
New Jersey
$2.84M -$236K -3,138 -9%
Susquehanna International Group
62
Susquehanna International Group
Pennsylvania
$2.75M +$484K +6,451 +26%
Mercer Global Advisors
63
Mercer Global Advisors
Colorado
$2.69M +$200K +2,664 +10%
Mitsubishi UFJ Trust & Banking
64
Mitsubishi UFJ Trust & Banking
Japan
$2.34M +$177K +2,359 +10%
Ameriprise
65
Ameriprise
Minnesota
$2.2M +$567K +7,548 +43%
CCIA
66
Campbell & Co Investment Adviser
Maryland
$2.19M +$1.16M +15,412 +165%
IMC Chicago
67
IMC Chicago
Illinois
$2.17M +$900K +11,991 +96%
AQR Capital Management
68
AQR Capital Management
Connecticut
$2.12M -$245K -3,259 -12%
IP
69
Interval Partners
New York
$2.03M +$1.73M +23,028 New
Canada Life
70
Canada Life
Manitoba, Canada
$2M +$199K +2,653 +13%
Two Sigma Investments
71
Two Sigma Investments
New York
$1.89M +$323K +4,300 +25%
PVM
72
Palogic Value Management
Texas
$1.86M -$188K -2,500 -11%
DWM
73
Dakota Wealth Management
Florida
$1.78M +$32K +426 +2%
EOJOAM
74
E. Ohman J:or Asset Management
Sweden
$1.77M -$912K -12,145 -38%
Janus Henderson Group
75
Janus Henderson Group
United Kingdom
$1.74M -$2.25K -30 -0.2%

PFSI Hedge Fund Activity: Q4 2023 in Review

192 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q4 2023, worth a combined $2.59B — up 36% from $1.91B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new PFSI positions and 23 closed out — a net gain of 18 holders — while 68 added to existing stakes and 58 trimmed.

The largest buyer was Invesco, adding an estimated $35.7M. The largest seller was Senvest Management, cutting an estimated $107M.

  • 192 institutional investors held PennyMac Financial (PFSI) as of Q4 2023, up from 175 in Q3 2023.
  • Funds reported $2.59B of PennyMac Financial stock for Q4 2023, up 36% quarter-over-quarter.
  • 41 funds opened new PennyMac Financial positions in Q4 2023 and 23 closed out, a net change of +18 holders.
  • The largest PennyMac Financial buyer in Q4 2023 was Invesco, an estimated $35.7M added.
  • The largest PennyMac Financial seller in Q4 2023 was Senvest Management, an estimated $107M sold.

Based on aggregated 13F filings for Q4 2023.