PennyMac Financial
PFSI
80 hedge funds and large institutions have $238M invested in PennyMac Financial in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 22 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
45% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 22
3.25% less ownership
Funds ownership: 95.09% → 91.84% (-3.2%)
7% less funds holding
Funds holding: 86 → 80 (-6)
38% less capital inflows, than outflows
Capital inflows: $15.7M | Capital outflows: $25.3M
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$3.56M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$2.73M |
| 3 |
PAR Capital Management
Boston,
Massachusetts
|
+$1.68M |
| 4 |
Putnam Investments
Boston,
Massachusetts
|
+$1.26M |
| 5 |
Renaissance Technologies
New York
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Omega Advisors
New York
|
-$7.84M |
| 2 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$5.27M |
| 3 |
Soros Fund Management
New York
|
-$2.88M |
| 4 |
BCM
Basswood Capital Management
New York
|
-$2.51M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.51M |
PFSI Hedge Fund Activity: Q1 2016 in Review
80 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q1 2016, worth a combined $238M — down 26% from $320M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PFSI and 8 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 32 added.
The largest buyer was Senvest Management, adding an estimated $3.56M. The largest seller was Omega Advisors, cutting an estimated $7.84M.
- 80 institutional investors held PennyMac Financial (PFSI) as of Q1 2016, down from 86 in Q4 2015.
- Funds reported $238M of PennyMac Financial stock for Q1 2016, down 26% quarter-over-quarter.
- 8 funds opened new PennyMac Financial positions in Q1 2016 and 14 closed out, a net change of -6 holders.
- The largest PennyMac Financial buyer in Q1 2016 was Senvest Management, an estimated $3.56M added.
- The largest PennyMac Financial seller in Q1 2016 was Omega Advisors, an estimated $7.84M sold.
Based on aggregated 13F filings for Q1 2016.