PennyMac Financial
PFSI
85 hedge funds and large institutions have $343M invested in PennyMac Financial in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 28 reducing their positions, and 12 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
34% more capital invested
Capital invested by funds: $256M → $343M (+$87M)
5% more funds holding
Funds holding: 81 → 85 (+4)
2.12% less ownership
Funds ownership: 93.05% → 90.93% (-2.1%)
21% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 28
48% less call options, than puts
Call options by funds: $54K | Put options by funds: $103K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAP
New Amsterdam Partners
New York
|
+$3.99M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.47M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$3.07M |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$1.71M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$7.53M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$3.98M |
| 3 |
SLCM
Seven Locks Capital Management
New York
|
-$2.71M |
| 4 |
OA
Omega Advisors
New York
|
-$2.43M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.47M |
PFSI Hedge Fund Activity: Q3 2016 in Review
85 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2016, worth a combined $343M — up 34% from $256M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PFSI positions and 12 closed out — a net gain of 5 holders — while 22 added to existing stakes and 28 trimmed.
The largest buyer was New Amsterdam Partners, opening a new position worth an estimated $3.99M. The largest seller was Long Pond Capital, exiting entirely with an estimated $7.53M sold.
- 85 institutional investors held PennyMac Financial (PFSI) as of Q3 2016, up from 81 in Q2 2016.
- Funds reported $343M of PennyMac Financial stock for Q3 2016, up 34% quarter-over-quarter.
- 17 funds opened new PennyMac Financial positions in Q3 2016 and 12 closed out, a net change of +5 holders.
- The largest PennyMac Financial buyer in Q3 2016 was New Amsterdam Partners, an estimated $3.99M added.
- The largest PennyMac Financial seller in Q3 2016 was Long Pond Capital, an estimated $7.53M sold.
Based on aggregated 13F filings for Q3 2016.