PennyMac Financial
PFSI
175 hedge funds and large institutions have $1.74B invested in PennyMac Financial in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 67 reducing their positions, and 31 closing their positions.
15% more capital invested
Capital invested by funds: $1.51B → $1.74B (+$230M)
6.21% more ownership
Funds ownership: 53.05% → 59.26% (+6.2%)
2% less funds holding
Funds holding: 179 → 175 (-4)
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
13% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 67
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
81% less call options, than puts
Call options by funds: $54.8M | Put options by funds: $286M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$48.9M |
| 2 |
SM
Senvest Management
New York
|
+$23.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$18.5M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
+$16.2M |
| 5 |
BCM
Basswood Capital Management
New York
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$19.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16.9M |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$15.2M |
| 4 |
Man Group
London,
United Kingdom
|
-$10.3M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$8.23M |
PFSI Hedge Fund Activity: Q1 2023 in Review
175 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q1 2023, worth a combined $1.74B — up 15% from $1.51B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PFSI and 27 opened new positions — a net loss of 4 holders — while 67 trimmed existing stakes and 58 added.
The largest buyer was Envestnet Asset Management, adding an estimated $48.9M. The largest seller was Boston Partners, exiting entirely with an estimated $19.2M sold.
- 175 institutional investors held PennyMac Financial (PFSI) as of Q1 2023, down from 179 in Q4 2022.
- Funds reported $1.74B of PennyMac Financial stock for Q1 2023, up 15% quarter-over-quarter.
- 27 funds opened new PennyMac Financial positions in Q1 2023 and 31 closed out, a net change of -4 holders.
- The largest PennyMac Financial buyer in Q1 2023 was Envestnet Asset Management, an estimated $48.9M added.
- The largest PennyMac Financial seller in Q1 2023 was Boston Partners, an estimated $19.2M sold.
Based on aggregated 13F filings for Q1 2023.