PennyMac Financial
PFSI
175 hedge funds and large institutions have $1.91B invested in PennyMac Financial in 2023 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 54 increasing their positions, 59 reducing their positions, and 21 closing their positions.
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
4% more funds holding
Funds holding: 169 → 175 (+6)
8% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 59
2.08% less ownership
Funds ownership: 59.16% → 57.07% (-2.1%)
8% less capital invested
Capital invested by funds: $2.07B → $1.91B (-$169M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
52% less call options, than puts
Call options by funds: $59.9M | Put options by funds: $124M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$18.6M |
| 2 |
Millennium Management
New York
|
+$15.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$11.4M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$3.95M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$20.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$20.5M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$16.9M |
| 4 |
Man Group
London,
United Kingdom
|
-$13.3M |
| 5 |
SM
Senvest Management
New York
|
-$10.4M |
PFSI Hedge Fund Activity: Q3 2023 in Review
175 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2023, worth a combined $1.91B — down 8.1% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PFSI positions and 21 closed out — a net gain of 7 holders — while 54 added to existing stakes and 59 trimmed.
The largest buyer was Jacobs Levy Equity Management, opening a new position worth an estimated $18.6M. The largest seller was Epoch Investment Partners, cutting an estimated $20.8M.
- 175 institutional investors held PennyMac Financial (PFSI) as of Q3 2023, up from 169 in Q2 2023.
- Funds reported $1.91B of PennyMac Financial stock for Q3 2023, down 8.1% quarter-over-quarter.
- 28 funds opened new PennyMac Financial positions in Q3 2023 and 21 closed out, a net change of +7 holders.
- The largest PennyMac Financial buyer in Q3 2023 was Jacobs Levy Equity Management, an estimated $18.6M added.
- The largest PennyMac Financial seller in Q3 2023 was Epoch Investment Partners, an estimated $20.8M sold.
Based on aggregated 13F filings for Q3 2023.