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PennyMac Financial

193 hedge funds and large institutions have $2.63B invested in PennyMac Financial in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 58 increasing their positions, 67 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 34

2% more capital invested

Capital invested by funds: $2.59B → $2.63B (+$41.6M)

1% more funds holding

Funds holding: 192193 (+1)

1.39% less ownership

Funds ownership: 58.69%57.3% (-1.4%)

13% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 67

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

42% less call options, than puts

Call options by funds: $51.1M | Put options by funds: $87.8M

Holders
193
Holders Change
+1
Holders Change %
+0.52%
% of All Funds
2.78%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
36
Increased
58
Reduced
67
Closed
34
Calls
$51.1M
Puts
$87.8M
Net Calls
-$36.7M
Net Calls Change
+$52.9M
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
51
RhumbLine Advisers
Massachusetts
$4M +$104K +1,187 +3%
DA
52
Denali Advisors
California
$3.79M +$2.33M +26,700 +179%
CCIA
53
Campbell & Co Investment Adviser
Maryland
$3.77M +$1.46M +16,661 +67%
California State Teachers Retirement System (CalSTRS)
54
California State Teachers Retirement System (CalSTRS)
California
$3.73M -$91.7K -1,049 -2%
Legal & General Group
55
Legal & General Group
United Kingdom
$3.7M +$140K +1,597 +4%
Victory Capital Management
56
Victory Capital Management
Texas
$3.58M -$61.9K -708 -2%
PGCM
57
Prescott Group Capital Management
Oklahoma
$3.28M -$874K -10,000 -22%
QCM
58
QRG Capital Management
Illinois
$3.09M +$20.3K +232 +0.7%
State of New Jersey Common Pension Fund D
59
State of New Jersey Common Pension Fund D
New Jersey
$2.93M
Mercer Global Advisors
60
Mercer Global Advisors
Colorado
$2.84M +$72.3K +827 +3%
EH
61
EMG Holdings
Connecticut
$2.83M +$2.72M +31,081 New
Ameriprise
62
Ameriprise
Minnesota
$2.58M +$295K +3,376 +14%
QT
63
Quantbot Technologies
New York
$2.57M +$2.46M +28,209 New
FCM
64
FJ Capital Management
Virginia
$2.47M +$2.37M +27,137 New
CSS
65
Cubist Systematic Strategies
Connecticut
$2.42M +$2.1M +24,069 +954%
Barclays
66
Barclays
United Kingdom
$2.4M -$1.62M -18,533 -41%
New York State Common Retirement Fund
67
New York State Common Retirement Fund
New York
$2.31M +$829K +9,491 +60%
AQR Capital Management
68
AQR Capital Management
Connecticut
$2.26M +$77.1K +882 +4%
JF
69
Jump Financial
Illinois
$2.24M +$2.15M +24,645 New
EP
70
Edgestream Partners
New Jersey
$2.17M +$1.62M +18,485 +349%
First Trust Advisors
71
First Trust Advisors
Illinois
$2.14M -$1.87M -21,366 -48%
Canada Life
72
Canada Life
Manitoba, Canada
$2.13M +$60.2K +689 +3%
DWM
73
Dakota Wealth Management
Florida
$1.93M +$94.6K +1,083 +5%
Mitsubishi UFJ Trust & Banking
74
Mitsubishi UFJ Trust & Banking
Japan
$1.8M -$569K -6,514 -25%
Janus Henderson Group
75
Janus Henderson Group
United Kingdom
$1.79M -$87 -1 -0%

PFSI Hedge Fund Activity: Q1 2024 in Review

193 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q1 2024, worth a combined $2.63B — up 1.6% from $2.59B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new PFSI positions and 34 closed out — a net gain of 2 holders — while 58 added to existing stakes and 67 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $26.8M. The largest seller was Citadel Advisors, cutting an estimated $31.5M.

  • 193 institutional investors held PennyMac Financial (PFSI) as of Q1 2024, up from 192 in Q4 2023.
  • Funds reported $2.63B of PennyMac Financial stock for Q1 2024, up 1.6% quarter-over-quarter.
  • 36 funds opened new PennyMac Financial positions in Q1 2024 and 34 closed out, a net change of +2 holders.
  • The largest PennyMac Financial buyer in Q1 2024 was Fidelity Investments, an estimated $26.8M added.
  • The largest PennyMac Financial seller in Q1 2024 was Citadel Advisors, an estimated $31.5M sold.

Based on aggregated 13F filings for Q1 2024.