PennyMac Financial
PFSI
202 hedge funds and large institutions have $3.49B invested in PennyMac Financial in 2024 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 70 increasing their positions, 58 reducing their positions, and 23 closing their positions.
83% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 23
26% more capital invested
Capital invested by funds: $2.76B → $3.49B (+$724M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
21% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 58
17% more call options, than puts
Call options by funds: $129M | Put options by funds: $110M
10% more funds holding
Funds holding: 184 → 202 (+18)
2.43% more ownership
Funds ownership: 57.39% → 59.81% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$83.5M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$33.7M |
| 3 |
Goldman Sachs
New York
|
+$28.5M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$22.1M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$28.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$22.7M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$16.1M |
| 4 |
SM
Senvest Management
New York
|
-$12.3M |
| 5 |
CC
Conversant Capital
Summit,
New Jersey
|
-$10.1M |
PFSI Hedge Fund Activity: Q3 2024 in Review
202 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in PennyMac Financial (PFSI) for Q3 2024, worth a combined $3.49B — up 26% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PFSI positions and 23 closed out — a net gain of 19 holders — while 70 added to existing stakes and 58 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $83.5M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $28.5M sold.
- 202 institutional investors held PennyMac Financial (PFSI) as of Q3 2024, up from 184 in Q2 2024.
- Funds reported $3.49B of PennyMac Financial stock for Q3 2024, up 26% quarter-over-quarter.
- 42 funds opened new PennyMac Financial positions in Q3 2024 and 23 closed out, a net change of +19 holders.
- The largest PennyMac Financial buyer in Q3 2024 was Fidelity Investments, an estimated $83.5M added.
- The largest PennyMac Financial seller in Q3 2024 was Balyasny Asset Management, an estimated $28.5M sold.
Based on aggregated 13F filings for Q3 2024.