PennyMac Financial
PFSI
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.
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: 8 → 14 (+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: 163 → 185 (+22)
5.04% less ownership
Funds ownership: 54.22% → 49.18% (-5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.2M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$15.9M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$13M |
| 4 |
Goldman Sachs
New York
|
+$12.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$167M |
| 2 |
SVC
Strycker View Capital
New York
|
-$23.4M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$13.3M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$11.9M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$11.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Simplex Trading
Chicago,
Illinois
| – | -$370K | -11,690 | Closed |
|
202
HSBC Holdings
London,
United Kingdom
| – | -$206K | -9,216 | Closed |
|
|
UFF
203
USA Financial Formulas
Ada,
Michigan
| – | -$134K | -6,060 | Closed |
|
|
VFA
204
Valeo Financial Advisors
Carmel,
Indiana
| – | -$50K | -2,000 | Closed |
|
|
PA
205
Parallel Advisors
San Francisco,
California
| – | -$9K | -431 | Closed |
|
|
DWM
206
Darwin Wealth Management
Tampa,
Florida
| – | -$3K | -150 | Closed |
|
|
SF
207
Synovus Financial
Columbus,
Georgia
| – | -$1K | -36 | Closed |
|
|
ASN
208
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -31 | Closed |
|
|
WQ
209
Wealth Quarterback
Toms River,
New Jersey
| – | -$444 | -20 | Closed |
|
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.