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PennyMac Financial

184 hedge funds and large institutions have $2.76B invested in PennyMac Financial in 2024 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 77 increasing their positions, 56 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

38% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 56

5% more capital invested

Capital invested by funds: $2.63B → $2.76B (+$133M)

0.09% more ownership

Funds ownership: 57.3%57.39% (+0.09%)

8% less call options, than puts

Call options by funds: $47.4M | Put options by funds: $51.3M

5% less funds holding

Funds holding: 193184 (-9)

21% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 33

Holders
184
Holders Change
-9
Holders Change %
-4.66%
% of All Funds
2.66%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
26
Increased
77
Reduced
56
Closed
33
Calls
$47.4M
Puts
$51.3M
Net Calls
-$3.95M
Net Calls Change
+$32.7M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Investment Management
1
T. Rowe Price Investment Management
Maryland
$439M -$6.61M -73,094 -2%
MP
2
MFN Partners
Massachusetts
$429M
Vanguard Group
3
Vanguard Group
Pennsylvania
$251M +$3.33M +36,771 +1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$234M -$22M -242,759 -9%
BlackRock
5
BlackRock
New York
$208M +$7.47M +82,513 +4%
SM
6
Senvest Management
New York
$105M +$4.95M +54,669 +5%
Invesco
7
Invesco
Georgia
$98.9M +$6.55M +72,436 +7%
JP Morgan Chase
8
JP Morgan Chase
New York
$88.3M +$5.79M +64,026 +7%
State Street
9
State Street
Massachusetts
$81.4M +$3.12M +34,471 +4%
Goldman Sachs
10
Goldman Sachs
New York
$62.1M +$16.4M +181,500 +38%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$59.4M +$3.33M +36,811 +6%
BCM
12
Basswood Capital Management
New York
$43.3M +$1.56M +17,237 +4%
Charles Schwab
13
Charles Schwab
California
$39.4M +$1.42M +15,641 +4%
Norges Bank
14
Norges Bank
Norway
$34.3M +$2.44M +26,934 +8%
Northern Trust
15
Northern Trust
Illinois
$34.1M +$121K +1,342 +0.4%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$33.3M +$3.43M +37,867 +12%
American Century Companies
17
American Century Companies
Missouri
$32.9M +$3.68M +40,676 +13%
Balyasny Asset Management
18
Balyasny Asset Management
Illinois
$28.5M +$17.2M +190,016 +171%
Boston Partners
19
Boston Partners
Massachusetts
$28.3M -$1.19M -13,205 -4%
CC
20
Conversant Capital
New Jersey
$28.3M +$1.72M +19,000 +7%
Millennium Management
21
Millennium Management
New York
$23.6M +$18.5M +204,068 +454%
Ameriprise
22
Ameriprise
Minnesota
$18.5M +$15.1M +166,851 +590%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$17.2M +$446K +4,930 +3%
Morgan Stanley
24
Morgan Stanley
New York
$15.2M -$5.49M -60,715 -27%
Principal Financial Group
25
Principal Financial Group
Iowa
$14.5M +$22.3K +246 +0.2%

PFSI Hedge Fund Activity: Q2 2024 in Review

184 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q2 2024, worth a combined $2.76B — up 5.1% from $2.63B a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of PFSI and 26 opened new positions — a net loss of 7 holders — while 56 trimmed existing stakes and 77 added.

The largest buyer was Millennium Management, adding an estimated $18.5M. The largest seller was Citadel Advisors, cutting an estimated $23.6M.

  • 184 institutional investors held PennyMac Financial (PFSI) as of Q2 2024, down from 193 in Q1 2024.
  • Funds reported $2.76B of PennyMac Financial stock for Q2 2024, up 5.1% quarter-over-quarter.
  • 26 funds opened new PennyMac Financial positions in Q2 2024 and 33 closed out, a net change of -7 holders.
  • The largest PennyMac Financial buyer in Q2 2024 was Millennium Management, an estimated $18.5M added.
  • The largest PennyMac Financial seller in Q2 2024 was Citadel Advisors, an estimated $23.6M sold.

Based on aggregated 13F filings for Q2 2024.