PennyMac Financial
PFSI
163 hedge funds and large institutions have $941M invested in PennyMac Financial in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 63 increasing their positions, 45 reducing their positions, and 29 closing their positions.
700% more funds holding in top 10
Funds holding in top 10: 1 → 8 (+7)
48% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 29
40% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 45
8% more funds holding
Funds holding: 151 → 163 (+12)
1.39% more ownership
Funds ownership: 52.79% → 54.17% (+1.4%)
33% less capital invested
Capital invested by funds: $1.41B → $941M (-$469M)
50% less call options, than puts
Call options by funds: $14M | Put options by funds: $28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$35.7M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$34.8M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$33.3M |
| 4 |
SVC
Strycker View Capital
New York
|
+$27.5M |
| 5 |
SM
Senvest Management
New York
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$250M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$21.8M |
| 3 |
JP Morgan Chase
New York
|
-$17.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$17M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
-$9.25M |
PFSI Hedge Fund Activity: Q1 2020 in Review
163 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q1 2020, worth a combined $941M — down 33% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PFSI positions and 29 closed out — a net gain of 14 holders — while 63 added to existing stakes and 45 trimmed.
The largest buyer was Clough Capital Partners, opening a new position worth an estimated $35.7M. The largest seller was BlackRock, cutting an estimated $250M.
- 163 institutional investors held PennyMac Financial (PFSI) as of Q1 2020, up from 151 in Q4 2019.
- Funds reported $941M of PennyMac Financial stock for Q1 2020, down 33% quarter-over-quarter.
- 43 funds opened new PennyMac Financial positions in Q1 2020 and 29 closed out, a net change of +14 holders.
- The largest PennyMac Financial buyer in Q1 2020 was Clough Capital Partners, an estimated $35.7M added.
- The largest PennyMac Financial seller in Q1 2020 was BlackRock, an estimated $250M sold.
Based on aggregated 13F filings for Q1 2020.