PennyMac Financial
PFSI
193 hedge funds and large institutions have $2.63B invested in PennyMac Financial in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 58 increasing their positions, 66 reducing their positions, and 34 closing their positions.
6% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 34
2% more capital invested
Capital invested by funds: $2.58B → $2.63B (+$55.3M)
1% more funds holding
Funds holding: 192 → 193 (+1)
1.08% less ownership
Funds ownership: 58.38% → 57.3% (-1.1%)
12% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 66
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less call options, than puts
Call options by funds: $51.1M | Put options by funds: $87.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.8M |
| 2 |
JP Morgan Chase
New York
|
+$13.6M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.72M |
| 4 |
Goldman Sachs
New York
|
+$9.33M |
| 5 |
BCM
Basswood Capital Management
New York
|
+$8.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$31.5M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$17.7M |
| 3 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$11.9M |
| 4 |
SM
Senvest Management
New York
|
-$11.2M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$6.08M |
PFSI Hedge Fund Activity: Q1 2024 in Review
193 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q1 2024, worth a combined $2.63B — up 2.1% from $2.58B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PFSI positions and 34 closed out — a net gain of 2 holders — while 58 added to existing stakes and 66 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $26.8M. The largest seller was Citadel Advisors, cutting an estimated $31.5M.
- 193 institutional investors held PennyMac Financial (PFSI) as of Q1 2024, up from 192 in Q4 2023.
- Funds reported $2.63B of PennyMac Financial stock for Q1 2024, up 2.1% quarter-over-quarter.
- 36 funds opened new PennyMac Financial positions in Q1 2024 and 34 closed out, a net change of +2 holders.
- The largest PennyMac Financial buyer in Q1 2024 was Fidelity Investments, an estimated $26.8M added.
- The largest PennyMac Financial seller in Q1 2024 was Citadel Advisors, an estimated $31.5M sold.
Based on aggregated 13F filings for Q1 2024.