PennyMac Financial
PFSI
108 hedge funds and large institutions have $531M invested in PennyMac Financial in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 46 increasing their positions, 24 reducing their positions, and 13 closing their positions.
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
92% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 24
15% more funds holding
Funds holding: 94 → 108 (+14)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.47% less ownership
Funds ownership: 31.04% → 30.57% (-0.47%)
1% less capital invested
Capital invested by funds: $535M → $531M (-$4.03M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $253K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.5M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$6.84M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.46M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$4.31M |
| 5 |
SCM
Shoals Capital Management
Arlington,
Virginia
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$31.4M |
| 2 |
CLG
Cooperman Leon G
|
-$15.5M |
| 3 |
Morgan Stanley
New York
|
-$7.51M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$2.74M |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$2.35M |
PFSI Hedge Fund Activity: Q2 2019 in Review
108 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q2 2019, worth a combined $531M — down 0.75% from $535M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PFSI positions and 13 closed out — a net gain of 16 holders — while 46 added to existing stakes and 24 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $10.5M. The largest seller was Vanguard Group, cutting an estimated $31.4M.
- 108 institutional investors held PennyMac Financial (PFSI) as of Q2 2019, up from 94 in Q1 2019.
- Funds reported $531M of PennyMac Financial stock for Q2 2019, down 0.75% quarter-over-quarter.
- 29 funds opened new PennyMac Financial positions in Q2 2019 and 13 closed out, a net change of +16 holders.
- The largest PennyMac Financial buyer in Q2 2019 was T. Rowe Price Associates, an estimated $10.5M added.
- The largest PennyMac Financial seller in Q2 2019 was Vanguard Group, an estimated $31.4M sold.
Based on aggregated 13F filings for Q2 2019.