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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
MAM
126
Martingale Asset Management
Massachusetts
$638K -$2.77M -87,329 -85%
WAM
127
Wakefield Asset Management
Colorado
$627K +$3.93K +124 +0.8%
PIC
128
PCJ Investment Counsel
Ontario, Canada
$627K +$79.2K +2,500 +20%
GC
129
Globeflex Capital
California
$606K +$459K +14,506 New
MLICM
130
Metropolitan Life Insurance Company (MetLife)
New York
$600K +$185K +5,839 +69%
Lido Advisors
131
Lido Advisors
California
$599K -$11.3K -356 -2%
Jennison Associates
132
Jennison Associates
New York
$593K +$450K +14,201 New
ASRS
133
Arizona State Retirement System
Arizona
$592K -$17.6K -557 -4%
NFG
134
Nations Financial Group
Iowa
$563K +$427K +13,469 New
AG
135
Aperio Group
California
$524K -$179K -5,659 -31%
TC
136
Telemus Capital
Michigan
$514K +$79.2K +2,500 +25%
CC
137
Centiva Capital
New York
$474K +$359K +11,342 New
Wellington Management Group
138
Wellington Management Group
Massachusetts
$447K -$1.09M -34,450 -76%
FHB
139
First Hawaiian Bank
Hawaii
$433K +$317 +10 +0.1%
RA
140
Royce & Associates
New York
$418K +$317K +10,000 New
OSAM
141
O'Shaughnessy Asset Management
Connecticut
$417K +$11.6K +366 +4%
CA
142
Cetera Advisors
Colorado
$417K +$316K +9,989 New
Public Employees Retirement Association of Colorado
143
Public Employees Retirement Association of Colorado
Colorado
$396K +$300K +9,466 New
Walleye Capital
144
Walleye Capital
New York
$364K +$276K +8,700 New
AA
145
ALPS Advisors
Colorado
$346K -$29.1K -918 -10%
IA
146
IndexIQ Advisors
New York
$336K -$12.7K -400 -5%
APG Asset Management
147
APG Asset Management
Netherlands
$322K +$274K +8,642 New
CMBA
148
C.M. Bidwell & Associates
Hawaii
$319K +$55.8K +1,762 +30%
CCIA
149
Campbell & Co Investment Adviser
Maryland
$309K +$234K +7,395 New
GAM
150
Gotham Asset Management
New York
$308K +$234K +7,372 New

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.