PennyMac Financial
PFSI
242 hedge funds and large institutions have $2.41B invested in PennyMac Financial in 2020 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 81 increasing their positions, 82 reducing their positions, and 39 closing their positions.
140% more call options, than puts
Call options by funds: $160M | Put options by funds: $67M
54% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 39
10% more capital invested
Capital invested by funds: $2.2B → $2.41B (+$217M)
9% more funds holding
Funds holding: 223 → 242 (+19)
1% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 82
1.64% less ownership
Funds ownership: 52.45% → 50.81% (-1.6%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$48.9M |
| 2 |
SM
Senvest Management
New York
|
+$45.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$26.1M |
| 4 |
State Street
Boston,
Massachusetts
|
+$24.7M |
| 5 |
BCM
Basswood Capital Management
New York
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$68.1M |
| 2 |
Goldman Sachs
New York
|
-$27.7M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$23.3M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$19.3M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$17.7M |
PFSI Hedge Fund Activity: Q4 2020 in Review
242 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q4 2020, worth a combined $2.41B — up 9.9% from $2.2B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PFSI positions and 39 closed out — a net gain of 21 holders — while 81 added to existing stakes and 82 trimmed.
The largest buyer was BlackRock, adding an estimated $48.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $68.1M.
- 242 institutional investors held PennyMac Financial (PFSI) as of Q4 2020, up from 223 in Q3 2020.
- Funds reported $2.41B of PennyMac Financial stock for Q4 2020, up 9.9% quarter-over-quarter.
- 60 funds opened new PennyMac Financial positions in Q4 2020 and 39 closed out, a net change of +21 holders.
- The largest PennyMac Financial buyer in Q4 2020 was BlackRock, an estimated $48.9M added.
- The largest PennyMac Financial seller in Q4 2020 was T. Rowe Price Associates, an estimated $68.1M sold.
Based on aggregated 13F filings for Q4 2020.