PennyMac Financial
PFSI
90 hedge funds and large institutions have $447M invested in PennyMac Financial in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 44 increasing their positions, 28 reducing their positions, and 17 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 28
26% more capital inflows, than outflows
Capital inflows: $48.6M | Capital outflows: $38.5M
1.57% less ownership
Funds ownership: 92.11% → 90.54% (-1.6%)
7% less funds holding
Funds holding: 97 → 90 (-7)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$13M |
| 2 |
Morgan Stanley
New York
|
+$6.98M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$4.14M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$3.98M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$5.68M |
| 2 |
KHCM
Kettle Hill Capital Management
New York
|
-$4.21M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$3.77M |
| 4 |
JP Morgan Chase
New York
|
-$3.58M |
| 5 |
Martingale Asset Management
Boston,
Massachusetts
|
-$2.46M |
PFSI Hedge Fund Activity: Q2 2018 in Review
90 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q2 2018, worth a combined $447M — down 11% from $503M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PFSI and 11 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 44 added.
The largest buyer was Long Pond Capital, opening a new position worth an estimated $13M. The largest seller was Man Group, cutting an estimated $5.68M.
- 90 institutional investors held PennyMac Financial (PFSI) as of Q2 2018, down from 97 in Q1 2018.
- Funds reported $447M of PennyMac Financial stock for Q2 2018, down 11% quarter-over-quarter.
- 11 funds opened new PennyMac Financial positions in Q2 2018 and 17 closed out, a net change of -6 holders.
- The largest PennyMac Financial buyer in Q2 2018 was Long Pond Capital, an estimated $13M added.
- The largest PennyMac Financial seller in Q2 2018 was Man Group, an estimated $5.68M sold.
Based on aggregated 13F filings for Q2 2018.