We are live on ! Find out more
PFSI icon

PennyMac Financial
PFSI

76 hedge funds and large institutions have $377M invested in PennyMac Financial in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 25 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more capital invested

Capital invested by funds: $340M → $377M (+$37.2M)

3.09% more ownership

Funds ownership: 87.09% → 90.18% (+3.1%)

8% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 25

11% less funds holding

Funds holding: 85 → 76 (-9)

44% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 18

Holders
76
Holders Change
-9
Holders Change %
-10.59%
% of All Funds
1.89%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
27
Reduced
25
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MP
Mangrove Partners
Connecticut
+$12.4M
2
PFMOSF
Philadelphia Financial Management of San Francisco
California
+$8.27M
3
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$5.18M
4
EMG
Ellington Management Group
Connecticut
+$1.71M
5
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$1.62M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$2.04M
2
NI
Numeric Investors
Massachusetts
-$1.61M
3
GIM
Greenwich Investment Management
Connecticut
-$1.53M
4
Renaissance Technologies
Renaissance Technologies
New York
-$1.31M
5
SCA
Secor Capital Advisors
New York
-$1.12M
Name Holding Trade Value Shares
Change 		Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$61.8M +$86K +4,987 +0.1%
BlackRock
2
BlackRock
New York
$40.4M – – –
SM
3
Senvest Management
New York
$35.3M – – –
Vanguard Group
4
Vanguard Group
Pennsylvania
$29.6M +$524K +30,348 +2%
OA
5
Omega Advisors
New York
$28.8M – – –
BCM
6
Basswood Capital Management
New York
$28.4M -$30.6K -1,774 -0.1%
PFMOSF
7
Philadelphia Financial Management of San Francisco
California
$18M +$8.27M +479,422 +90%
Morgan Stanley
8
Morgan Stanley
New York
$16.1M -$2.04M -118,359 -12%
MP
9
Mangrove Partners
Connecticut
$12.8M +$12.4M +716,835 New
NI
10
Numeric Investors
Massachusetts
$12.2M -$1.61M -93,300 -12%
Boston Partners
11
Boston Partners
Massachusetts
$12M -$67.1K -3,888 -0.6%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$11.1M +$1.62M +93,918 +18%
PCM
13
PAR Capital Management
Massachusetts
$9.79M +$518K +30,000 +6%
JP Morgan Chase
14
JP Morgan Chase
New York
$6.62M -$469K -27,176 -7%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$5.34M +$5.18M +300,000 New
State Street
16
State Street
Massachusetts
$4.18M +$36.5K +2,117 +0.9%
CAM
17
ClariVest Asset Management
California
$3.47M -$133K -7,695 -4%
Northern Trust
18
Northern Trust
Illinois
$3.4M +$43.6K +2,529 +1%
AllianceBernstein
19
AllianceBernstein
Tennessee
$2.92M -$221K -12,810 -7%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$2.68M +$44.6K +2,586 +2%
Nordea Investment Management
21
Nordea Investment Management
Sweden
$2.61M +$69K +4,000 +3%
Invesco
22
Invesco
Georgia
$2.12M -$137K -7,951 -6%
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.91M -$875K -50,703 -32%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$1.9M +$10K +581 +0.5%
PPA
25
Parametric Portfolio Associates
Washington
$1.88M +$366K +21,207 +25%
1
2 3 4

PFSI Hedge Fund Activity: Q3 2017 in Review

76 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2017, worth a combined $377M — up 11% from $340M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of PFSI and 10 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 27 added.

The largest buyer was Mangrove Partners, opening a new position worth an estimated $12.4M. The largest seller was Morgan Stanley, cutting an estimated $2.04M.

  • 76 institutional investors held PennyMac Financial (PFSI) as of Q3 2017, down from 85 in Q2 2017.
  • Funds reported $377M of PennyMac Financial stock for Q3 2017, up 11% quarter-over-quarter.
  • 10 funds opened new PennyMac Financial positions in Q3 2017 and 18 closed out, a net change of -8 holders.
  • The largest PennyMac Financial buyer in Q3 2017 was Mangrove Partners, an estimated $12.4M added.
  • The largest PennyMac Financial seller in Q3 2017 was Morgan Stanley, an estimated $2.04M sold.

Based on aggregated 13F filings for Q3 2017.