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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
UFF
201
USA Financial Formulas
Michigan
$42K +$36.2K +731 New
IA
202
IFP Advisors
Florida
$35K +$24.8K +500 +521%
DSC
203
Duncker Streett & Co
Missouri
$35K +$29.7K +600 New
NSB
204
Norway Savings Bank
Maine
$19K
PFBT
205
Parkside Financial Bank & Trust
Missouri
$19K +$16.6K +334 New
Lazard Asset Management
206
Lazard Asset Management
New York
$17K -$3.84M -77,492 -100%
Millennium Management
207
Millennium Management
New York
$9.53K +$8.13M +164,000 New
VCM
208
Versant Capital Management
Arizona
$7K
HWM
209
HighMark Wealth Management
Minnesota
$6K +$50 +1 +1%
PNC Financial Services Group
210
PNC Financial Services Group
Pennsylvania
$6K +$4.96K +100 New
WB
211
Webster Bank
Connecticut
$6K +$4.96K +100 New
SFS
212
Sowell Financial Services
Arkansas
$5K +$3.96K +80 New
TWA
213
TCI Wealth Advisors
Arizona
$4K
ETC
214
Exchange Traded Concepts
Oklahoma
$4K +$3.67K +74 New
OIA
215
Optimum Investment Advisors
Illinois
$3K
S
216
SignatureFD
Georgia
$3K +$496 +10 +20%
PHK
217
Point72 Hong Kong
Hong Kong
$3K +$2.23K +45 New
TFM
218
TFC Financial Management
Massachusetts
$3K +$2.38K +48 New
ASN
219
Advisory Services Network
Georgia
$2K +$1.44K +29 New
AssetMark Inc
220
AssetMark Inc
California
$1K -$248 -5 -25%
JWA
221
JFS Wealth Advisors
Pennsylvania
$1K
MP
222
Mangrove Partners
Connecticut
-$11.5M -276,240 Closed
PCM
223
Pennsylvania Capital Management
Pennsylvania
-$8.95M -214,100 Closed
Two Sigma Investments
224
Two Sigma Investments
New York
-$4.02M -81,058 Closed
EMG
225
Ellington Management Group
Connecticut
-$2.8M -56,564 Closed

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.