PennyMac Financial
PFSI
130 hedge funds and large institutions have $1.21B invested in PennyMac Financial in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 47 increasing their positions, 33 reducing their positions, and 15 closing their positions.
2,489% more call options, than puts
Call options by funds: $8.88M | Put options by funds: $343K
147% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 15
128% more capital invested
Capital invested by funds: $531M → $1.21B (+$682M)
42% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 33
20% more funds holding
Funds holding: 108 → 130 (+22)
20.26% more ownership
Funds ownership: 30.57% → 50.83% (+20%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$420M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.3M |
| 3 |
Renaissance Technologies
New York
|
+$14.1M |
| 4 |
JP Morgan Chase
New York
|
+$12M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$24.5M |
| 2 |
LPC
Long Pond Capital
New York
|
-$16.8M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$8.27M |
| 4 |
BAM
Bayview Asset Management
Coral Gables,
Florida
|
-$6.2M |
| 5 |
CLG
Cooperman Leon G
|
-$6.2M |
PFSI Hedge Fund Activity: Q3 2019 in Review
130 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2019, worth a combined $1.21B — up 128% from $531M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PFSI positions and 15 closed out — a net gain of 22 holders — while 47 added to existing stakes and 33 trimmed.
The largest buyer was BlackRock, adding an estimated $420M. The largest seller was Vanguard Group, cutting an estimated $24.5M.
- 130 institutional investors held PennyMac Financial (PFSI) as of Q3 2019, up from 108 in Q2 2019.
- Funds reported $1.21B of PennyMac Financial stock for Q3 2019, up 128% quarter-over-quarter.
- 37 funds opened new PennyMac Financial positions in Q3 2019 and 15 closed out, a net change of +22 holders.
- The largest PennyMac Financial buyer in Q3 2019 was BlackRock, an estimated $420M added.
- The largest PennyMac Financial seller in Q3 2019 was Vanguard Group, an estimated $24.5M sold.
Based on aggregated 13F filings for Q3 2019.