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PennyMac Financial

223 hedge funds and large institutions have $2.2B invested in PennyMac Financial in 2020 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 57 increasing their positions, 92 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

415% more call options, than puts

Call options by funds: $154M | Put options by funds: $29.9M

177% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 22

35% more capital invested

Capital invested by funds: $1.63B → $2.2B (+$569M)

21% more funds holding

Funds holding: 185223 (+38)

3.27% more ownership

Funds ownership: 49.18%52.45% (+3.3%)

36% less funds holding in top 10

Funds holding in top 10: 149 (-5)

38% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 92

Holders
223
Holders Change
+38
Holders Change %
+20.54%
% of All Funds
4.5%
Holding in Top 10
9
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-35.71%
% of All Funds
0.18%
New
61
Increased
57
Reduced
92
Closed
22
Calls
$154M
Puts
$29.9M
Net Calls
+$124M
Net Calls Change
+$87.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
76
Royal Bank of Canada
Ontario, Canada
$3.25M +$1.7M +34,298 +159%
First Trust Advisors
77
First Trust Advisors
Illinois
$3.22M -$1.3M -26,280 -32%
American Century Companies
78
American Century Companies
Missouri
$3.21M +$597K +12,043 +28%
Barclays
79
Barclays
United Kingdom
$3.17M -$1.05M -21,277 -28%
TD Asset Management
80
TD Asset Management
Ontario, Canada
$3.16M -$388K -7,828 -13%
TRCT
81
Tower Research Capital (TRC)
New York
$2.88M +$1.51M +30,560 +161%
Bank of America
82
Bank of America
North Carolina
$2.79M -$234K -4,714 -9%
OAM
83
Origin Asset Management
United Kingdom
$2.79M +$969K +19,550 +69%
New York State Common Retirement Fund
84
New York State Common Retirement Fund
New York
$2.64M -$1.96M -39,623 -47%
State of New Jersey Common Pension Fund D
85
State of New Jersey Common Pension Fund D
New Jersey
$2.58M -$1.19M -23,966 -35%
HighTower Advisors
86
HighTower Advisors
Illinois
$2.46M +$743K +14,992 +55%
SEI Investments
87
SEI Investments
Pennsylvania
$2.19M +$772K +15,586 +71%
SG Americas Securities
88
SG Americas Securities
New York
$2.15M -$1.58M -31,881 -46%
Russell Investments Group
89
Russell Investments Group
United Kingdom
$2.09M +$477K +9,631 +37%
VI
90
Vestcor Inc
New Brunswick, Canada
$1.89M +$1.61M +32,562 New
Assenagon Asset Management
91
Assenagon Asset Management
Luxembourg
$1.84M -$15.9M -320,542 -91%
Mackenzie Financial
92
Mackenzie Financial
Ontario, Canada
$1.83M -$612K -12,344 -28%
Ameriprise
93
Ameriprise
Minnesota
$1.8M -$1.17M -23,691 -43%
Jacobs Levy Equity Management
94
Jacobs Levy Equity Management
New Jersey
$1.66M +$1.42M +28,582 New
AR
95
Advisory Research
Illinois
$1.59M -$738K -14,895 -35%
Los Angeles Capital Management
96
Los Angeles Capital Management
California
$1.55M -$709K -14,305 -35%
RJFSA
97
Raymond James Financial Services Advisors
Florida
$1.54M +$230K +4,638 +21%
EGM
98
Engineers Gate Manager
New York
$1.52M +$1.01M +20,363 +349%
CSS
99
Cubist Systematic Strategies
Connecticut
$1.5M -$221K -4,452 -15%
LPL Financial
100
LPL Financial
California
$1.48M +$170K +3,421 +16%

PFSI Hedge Fund Activity: Q3 2020 in Review

223 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2020, worth a combined $2.2B — up 35% from $1.63B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new PFSI positions and 22 closed out — a net gain of 39 holders — while 57 added to existing stakes and 92 trimmed.

The largest buyer was Basswood Capital Management, adding an estimated $22.7M. The largest seller was Senvest Management, cutting an estimated $42.2M.

  • 223 institutional investors held PennyMac Financial (PFSI) as of Q3 2020, up from 185 in Q2 2020.
  • Funds reported $2.2B of PennyMac Financial stock for Q3 2020, up 35% quarter-over-quarter.
  • 61 funds opened new PennyMac Financial positions in Q3 2020 and 22 closed out, a net change of +39 holders.
  • The largest PennyMac Financial buyer in Q3 2020 was Basswood Capital Management, an estimated $22.7M added.
  • The largest PennyMac Financial seller in Q3 2020 was Senvest Management, an estimated $42.2M sold.

Based on aggregated 13F filings for Q3 2020.