PennyMac Financial
PFSI
86 hedge funds and large institutions have $490M invested in PennyMac Financial in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
30% more capital invested
Capital invested by funds: $377M → $490M (+$113M)
13% more funds holding
Funds holding: 76 → 86 (+10)
4.03% more ownership
Funds ownership: 90.18% → 94.21% (+4%)
0% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$26.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.88M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$3.71M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$3.24M |
| 5 |
Renaissance Technologies
New York
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$18M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.34M |
| 3 |
SM
Senvest Management
New York
|
-$3.48M |
| 4 |
OA
Omega Advisors
New York
|
-$2.72M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$2.07M |
PFSI Hedge Fund Activity: Q4 2017 in Review
86 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q4 2017, worth a combined $490M — up 30% from $377M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PFSI positions and 12 closed out — a net gain of 10 holders — while 28 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $26.4M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $18M sold.
- 86 institutional investors held PennyMac Financial (PFSI) as of Q4 2017, up from 76 in Q3 2017.
- Funds reported $490M of PennyMac Financial stock for Q4 2017, up 30% quarter-over-quarter.
- 22 funds opened new PennyMac Financial positions in Q4 2017 and 12 closed out, a net change of +10 holders.
- The largest PennyMac Financial buyer in Q4 2017 was Morgan Stanley, an estimated $26.4M added.
- The largest PennyMac Financial seller in Q4 2017 was Philadelphia Financial Management of San Francisco, an estimated $18M sold.
Based on aggregated 13F filings for Q4 2017.