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PennyMac Financial

185 hedge funds and large institutions have $1.63B invested in PennyMac Financial in 2020 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 74 increasing their positions, 56 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

254% more call options, than puts

Call options by funds: $51.2M | Put options by funds: $14.5M

92% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 25

75% more funds holding in top 10

Funds holding in top 10: 814 (+6)

73% more capital invested

Capital invested by funds: $942M → $1.63B (+$686M)

32% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 56

13% more funds holding

Funds holding: 163185 (+22)

5.04% less ownership

Funds ownership: 54.22%49.18% (-5%)

Holders
185
Holders Change
+22
Holders Change %
+13.5%
% of All Funds
3.79%
Holding in Top 10
14
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+75%
% of All Funds
0.29%
New
48
Increased
74
Reduced
56
Closed
25
Calls
$51.2M
Puts
$14.5M
Net Calls
+$36.7M
Net Calls Change
+$50.8M
Name Holding Trade Value Shares
Change
Change in
Stake
AIG
101
American International Group
New York
$1.19M +$432K +13,623 +92%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
102
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$1.19M +$900K +28,400 New
Citigroup
103
Citigroup
New York
$1.18M +$485K +15,318 +118%
Manulife (Manufacturers Life Insurance)
104
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.15M +$356K +11,238 +67%
HighTower Advisors
105
HighTower Advisors
Illinois
$1.14M +$864K +27,281 New
BPM
106
Bowling Portfolio Management
Ohio
$1.14M -$151K -4,769 -15%
MGIM
107
M&G Investment Management
United Kingdom
$1.12M +$842K +26,569 New
Russell Investments Group
108
Russell Investments Group
United Kingdom
$1.1M +$123K +3,875 +17%
MAM
109
Meeder Asset Management
Ohio
$1.1M +$516K +16,291 +163%
Federated Hermes
110
Federated Hermes
Pennsylvania
$1.06M +$788K +24,869 +4,457%
VRS
111
Virginia Retirement Systems
Virginia
$1.02M +$390K +12,300 +102%
Axa
112
Axa
France
$995K +$754K +23,800 New
3C
113
361 Capital
Colorado
$974K -$115K -3,618 -13%
SO
114
STRS Ohio
Ohio
$952K +$57K +1,800 +9%
LPL Financial
115
LPL Financial
California
$918K +$696K +21,969 New
SEI Investments
116
SEI Investments
Pennsylvania
$917K +$78.5K +2,477 +13%
QC
117
Quadrature Capital
United Kingdom
$913K +$693K +21,880 New
RJFSA
118
Raymond James Financial Services Advisors
Florida
$911K +$160K +5,054 +30%
Royal Bank of Canada
119
Royal Bank of Canada
Ontario, Canada
$902K +$10.6K +336 +2%
MIM
120
MetLife Investment Management
New Jersey
$868K +$286K +9,016 +77%
Legal & General Group
121
Legal & General Group
United Kingdom
$833K +$89.5K +2,827 +17%
TRCT
122
Tower Research Capital (TRC)
New York
$792K +$502K +15,851 +511%
AIA
123
Affinity Investment Advisors
California
$784K +$4.12K +130 +0.7%
State Board of Administration of Florida Retirement System
124
State Board of Administration of Florida Retirement System
Florida
$680K +$55.1K +1,740 +12%
VOYA Investment Management
125
VOYA Investment Management
Georgia
$673K -$8.8M -277,684 -95%

PFSI Hedge Fund Activity: Q2 2020 in Review

185 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q2 2020, worth a combined $1.63B — up 73% from $942M a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new PFSI positions and 25 closed out — a net gain of 23 holders — while 74 added to existing stakes and 56 trimmed.

The largest buyer was Vanguard Group, adding an estimated $23.2M. The largest seller was BlackRock, cutting an estimated $167M.

  • 185 institutional investors held PennyMac Financial (PFSI) as of Q2 2020, up from 163 in Q1 2020.
  • Funds reported $1.63B of PennyMac Financial stock for Q2 2020, up 73% quarter-over-quarter.
  • 48 funds opened new PennyMac Financial positions in Q2 2020 and 25 closed out, a net change of +23 holders.
  • The largest PennyMac Financial buyer in Q2 2020 was Vanguard Group, an estimated $23.2M added.
  • The largest PennyMac Financial seller in Q2 2020 was BlackRock, an estimated $167M sold.

Based on aggregated 13F filings for Q2 2020.