PennyMac Financial
PFSI
75 hedge funds and large institutions have $302M invested in PennyMac Financial in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 25 reducing their positions, and 12 closing their positions.
1.59% more ownership
Funds ownership: 91.47% → 93.06% (+1.6%)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
1% more capital invested
Capital invested by funds: $300M → $302M (+$1.53M)
0% more funds holding
Funds holding: 75 → 75 (0)
14% less call options, than puts
Call options by funds: $25K | Put options by funds: $29K
32% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$7.17M |
| 2 |
SLCM
Seven Locks Capital Management
New York
|
+$6.81M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$5.61M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$3.22M |
| 5 |
JP Morgan Chase
New York
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$9.14M |
| 2 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
-$2.68M |
| 3 |
WSA
Wall Street Associates
Lajolla,
California
|
-$1.81M |
| 4 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$1.45M |
| 5 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$610K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCG
76
FrontFour Capital Group
Greenwich,
Connecticut
| – | -$2.68M | -176,674 | Closed |
|
|
FCH
77
Freestone Capital Holdings
Seattle,
Washington
| – | -$1.45M | -95,500 | Closed |
|
|
ARC
78
Absolute Return Capital
Boston,
Massachusetts
| – | -$266K | -17,506 | Closed |
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$249K | -16,368 | Closed |
|
|
DAL
80
David A. Lorber
| – | -$239K | -15,764 | Closed |
|
|
CS
81
Credit Suisse
Zurich,
Switzerland
| – | -$179K | -11,810 | Closed |
|
|
PP
82
Paloma Partners
Greenwich,
Connecticut
| – | -$179K | -11,777 | Closed |
|
|
TRCT
83
Tower Research Capital (TRC)
New York
| – | -$62K | -4,079 | Closed |
|
|
JG
84
Jefferies Group
New York
| – | -$34K | -2,208 | Closed |
|
|
VFA
85
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$17K | -1,143 | Closed |
|
86
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -320 | Closed |
|
|
DA
87
Denali Advisors
San Diego,
California
| – | -$2K | -100 | Closed |
|
PFSI Hedge Fund Activity: Q3 2014 in Review
75 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2014, worth a combined $302M — up 0.51% from $300M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PFSI positions and 12 closed out — a net gain of 1 holder — while 17 added to existing stakes and 25 trimmed.
The largest buyer was Long Pond Capital, opening a new position worth an estimated $7.17M. The largest seller was Canyon Capital Advisors, cutting an estimated $9.14M.
- 75 institutional investors held PennyMac Financial (PFSI) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $302M of PennyMac Financial stock for Q3 2014, up 0.51% quarter-over-quarter.
- 13 funds opened new PennyMac Financial positions in Q3 2014 and 12 closed out, a net change of +1 holder.
- The largest PennyMac Financial buyer in Q3 2014 was Long Pond Capital, an estimated $7.17M added.
- The largest PennyMac Financial seller in Q3 2014 was Canyon Capital Advisors, an estimated $9.14M sold.
Based on aggregated 13F filings for Q3 2014.