PennyMac Financial
PFSI
100 hedge funds and large institutions have $340M invested in PennyMac Financial in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 37 increasing their positions, 30 reducing their positions, and 3 closing their positions.
600% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 3
23% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 30
15% more funds holding
Funds holding: 87 → 100 (+13)
0% less capital invested
Capital invested by funds: $341M → $340M (-$1.15M)
2.93% less ownership
Funds ownership: 91.74% → 88.81% (-2.9%)
39% less call options, than puts
Call options by funds: $186K | Put options by funds: $306K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.2M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.53M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.22M |
| 4 |
BCM
Basswood Capital Management
New York
|
+$2.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$23.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.08M |
| 3 |
Renaissance Technologies
New York
|
-$4.28M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.21M |
| 5 |
NAP
New Amsterdam Partners
New York
|
-$1.12M |
PFSI Hedge Fund Activity: Q1 2017 in Review
100 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q1 2017, worth a combined $340M — down 0.34% from $341M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PFSI positions and 3 closed out — a net gain of 18 holders — while 37 added to existing stakes and 30 trimmed.
The largest buyer was BlackRock, adding an estimated $8.2M. The largest seller was Miller Value Partners, cutting an estimated $23.3M.
- 100 institutional investors held PennyMac Financial (PFSI) as of Q1 2017, up from 87 in Q4 2016.
- Funds reported $340M of PennyMac Financial stock for Q1 2017, down 0.34% quarter-over-quarter.
- 21 funds opened new PennyMac Financial positions in Q1 2017 and 3 closed out, a net change of +18 holders.
- The largest PennyMac Financial buyer in Q1 2017 was BlackRock, an estimated $8.2M added.
- The largest PennyMac Financial seller in Q1 2017 was Miller Value Partners, an estimated $23.3M sold.
Based on aggregated 13F filings for Q1 2017.