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PennyMac Financial

231 hedge funds and large institutions have $2.27B invested in PennyMac Financial in 2021 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 71 increasing their positions, 93 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more call options, than puts

Call options by funds: $118M | Put options by funds: $53.7M

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

1.7% less ownership

Funds ownership: 50.81%49.11% (-1.7%)

5% less funds holding

Funds holding: 242231 (-11)

6% less capital invested

Capital invested by funds: $2.41B → $2.27B (-$144M)

18% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 57

24% less repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 93

Holders
231
Holders Change
-11
Holders Change %
-4.55%
% of All Funds
4.06%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
47
Increased
71
Reduced
93
Closed
57
Calls
$118M
Puts
$53.7M
Net Calls
+$64.6M
Net Calls Change
-$28.9M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$327M -$34.5M -555,736 -10%
BlackRock
2
BlackRock
New York
$245M -$3.99M -64,244 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$242M -$27.4M -441,756 -11%
SM
4
Senvest Management
New York
$133M +$39.7M +640,621 +48%
BCM
5
Basswood Capital Management
New York
$129M +$23.9M +384,891 +25%
State Street
6
State Street
Massachusetts
$117M +$2.49M +40,134 +2%
MP
7
MFN Partners
Massachusetts
$101M +$93.6M +1,508,743 New
CCP
8
Clough Capital Partners
Massachusetts
$49.5M -$27.1M -437,217 -37%
PCM
9
PAR Capital Management
Massachusetts
$46.2M
Geode Capital Management
10
Geode Capital Management
Massachusetts
$45.5M +$2.91M +46,843 +7%
Northern Trust
11
Northern Trust
Illinois
$40.4M -$11.8M -189,597 -24%
JP Morgan Chase
12
JP Morgan Chase
New York
$39.1M +$8.45M +136,193 +30%
Boston Partners
13
Boston Partners
Massachusetts
$35.5M +$13.2M +212,833 +66%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$30.8M -$17.8M -286,716 -38%
KPF
15
K2 Principal Fund
Ontario, Canada
$29M -$18.5M -298,757 -41%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$28M -$69.6M -1,121,450 -73%
AllianceBernstein
17
AllianceBernstein
Tennessee
$27.9M +$825K +13,297 +3%
Norges Bank
18
Norges Bank
Norway
$24M -$5.34M -86,093 -19%
N
19
Nuveen
North Carolina
$22.9M -$4.47M -72,030 -17%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$21.8M -$1.25M -20,188 -6%
Goldman Sachs
21
Goldman Sachs
New York
$21.6M +$6.64M +107,100 +50%
Morgan Stanley
22
Morgan Stanley
New York
$20.8M -$14.9M -240,047 -44%
Charles Schwab
23
Charles Schwab
California
$19.1M +$609K +9,810 +4%
Invesco
24
Invesco
Georgia
$18.7M -$3.39M -54,570 -16%
GLA
25
Great Lakes Advisors
Illinois
$17.4M +$16.1M +259,564 New

PFSI Hedge Fund Activity: Q1 2021 in Review

231 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q1 2021, worth a combined $2.27B — down 6% from $2.41B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of PFSI and 47 opened new positions — a net loss of 10 holders — while 93 trimmed existing stakes and 71 added.

The largest buyer was MFN Partners, opening a new position worth an estimated $93.6M. The largest seller was Dimensional Fund Advisors, cutting an estimated $69.6M.

  • 231 institutional investors held PennyMac Financial (PFSI) as of Q1 2021, down from 242 in Q4 2020.
  • Funds reported $2.27B of PennyMac Financial stock for Q1 2021, down 6% quarter-over-quarter.
  • 47 funds opened new PennyMac Financial positions in Q1 2021 and 57 closed out, a net change of -10 holders.
  • The largest PennyMac Financial buyer in Q1 2021 was MFN Partners, an estimated $93.6M added.
  • The largest PennyMac Financial seller in Q1 2021 was Dimensional Fund Advisors, an estimated $69.6M sold.

Based on aggregated 13F filings for Q1 2021.