PennyMac Financial
PFSI
87 hedge funds and large institutions have $341M invested in PennyMac Financial in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 45 increasing their positions, 18 reducing their positions, and 7 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 18
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
2% more funds holding
Funds holding: 85 → 87 (+2)
0.81% more ownership
Funds ownership: 90.93% → 91.74% (+0.81%)
1% less capital invested
Capital invested by funds: $343M → $341M (-$1.88M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $13K
Top Buyers
| 1 |
BCM
Basswood Capital Management
New York
|
+$10.9M |
| 2 |
Millennium Management
New York
|
+$4.67M |
| 3 |
Renaissance Technologies
New York
|
+$3.96M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$3.22M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.33M |
Top Sellers
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$17.5M |
| 2 |
OA
Omega Advisors
New York
|
-$11.8M |
| 3 |
SC
Seawolf Capital
New York
|
-$1.48M |
| 4 |
D.E. Shaw & Co
New York
|
-$834K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$601K |
PFSI Hedge Fund Activity: Q4 2016 in Review
87 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q4 2016, worth a combined $341M — down 0.55% from $343M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PFSI positions and 7 closed out — a net gain of 4 holders — while 45 added to existing stakes and 18 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $10.9M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $17.5M sold.
- 87 institutional investors held PennyMac Financial (PFSI) as of Q4 2016, up from 85 in Q3 2016.
- Funds reported $341M of PennyMac Financial stock for Q4 2016, down 0.55% quarter-over-quarter.
- 11 funds opened new PennyMac Financial positions in Q4 2016 and 7 closed out, a net change of +4 holders.
- The largest PennyMac Financial buyer in Q4 2016 was Basswood Capital Management, an estimated $10.9M added.
- The largest PennyMac Financial seller in Q4 2016 was Philadelphia Financial Management of San Francisco, an estimated $17.5M sold.
Based on aggregated 13F filings for Q4 2016.