PennyMac Financial
PFSI
94 hedge funds and large institutions have $535M invested in PennyMac Financial in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 8 closing their positions.
522% more call options, than puts
Call options by funds: $342K | Put options by funds: $55K
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
16% more funds holding
Funds holding: 81 → 94 (+13)
7% more capital invested
Capital invested by funds: $500M → $535M (+$35.7M)
0.71% more ownership
Funds ownership: 30.32% → 31.04% (+0.71%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.6M |
| 2 |
LPC
Long Pond Capital
New York
|
+$11.1M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$8.08M |
| 4 |
Millennium Management
New York
|
+$6.36M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$16.3M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$14M |
| 3 |
SM
Senvest Management
New York
|
-$11.6M |
| 4 |
BAM
Bayview Asset Management
Coral Gables,
Florida
|
-$9.52M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$4.91M |
PFSI Hedge Fund Activity: Q1 2019 in Review
94 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q1 2019, worth a combined $535M — up 7.1% from $500M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PFSI positions and 8 closed out — a net gain of 15 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $15.6M. The largest seller was Mangrove Partners, exiting entirely with an estimated $16.3M sold.
- 94 institutional investors held PennyMac Financial (PFSI) as of Q1 2019, up from 81 in Q4 2018.
- Funds reported $535M of PennyMac Financial stock for Q1 2019, up 7.1% quarter-over-quarter.
- 23 funds opened new PennyMac Financial positions in Q1 2019 and 8 closed out, a net change of +15 holders.
- The largest PennyMac Financial buyer in Q1 2019 was T. Rowe Price Associates, an estimated $15.6M added.
- The largest PennyMac Financial seller in Q1 2019 was Mangrove Partners, an estimated $16.3M sold.
Based on aggregated 13F filings for Q1 2019.