PennyMac Financial
PFSI
93 hedge funds and large institutions have $476M invested in PennyMac Financial in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
6% more capital invested
Capital invested by funds: $447M → $476M (+$29M)
3% more funds holding
Funds holding: 90 → 93 (+3)
6% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 32
0.17% less ownership
Funds ownership: 90.54% → 90.37% (-0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$3.51M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$2.4M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.12M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.01M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$973K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Omega Advisors
New York
|
-$5.71M |
| 2 |
Renaissance Technologies
New York
|
-$2.65M |
| 3 |
Man Group
London,
United Kingdom
|
-$1.18M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.08M |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$824K |
PFSI Hedge Fund Activity: Q3 2018 in Review
93 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2018, worth a combined $476M — up 6.5% from $447M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PFSI positions and 7 closed out — a net gain of 4 holders — while 34 added to existing stakes and 32 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $3.51M. The largest seller was Omega Advisors, cutting an estimated $5.71M.
- 93 institutional investors held PennyMac Financial (PFSI) as of Q3 2018, up from 90 in Q2 2018.
- Funds reported $476M of PennyMac Financial stock for Q3 2018, up 6.5% quarter-over-quarter.
- 11 funds opened new PennyMac Financial positions in Q3 2018 and 7 closed out, a net change of +4 holders.
- The largest PennyMac Financial buyer in Q3 2018 was Basswood Capital Management, an estimated $3.51M added.
- The largest PennyMac Financial seller in Q3 2018 was Omega Advisors, an estimated $5.71M sold.
Based on aggregated 13F filings for Q3 2018.