Why One Fund Boosted Its PennyMac Stake Despite Mortgage Market Volatility
2026-05-07 14:26:58 ET
On May 7, 2026, Prescott Group Capital Management disclosed a buy of PennyMac Financial Services (NYSE:PFSI) , adding 109,948 shares in the first quarter in a transaction estimated at $11.82 million based on quarterly average pricing.
According to a SEC filing dated May 7, 2026, Prescott Group Capital Management increased its holding in PennyMac Financial Services by 109,948 shares during the first quarter. The estimated transaction value was $11.82 million, calculated using the average closing price from January through March 2026. The quarter-end stake was valued at $12.76 million. The net position change, including price fluctuations, was $8.01 million.
PennyMac Financial Services is a leading U.S. mortgage banking and investment management company with a multi-segment platform spanning loan origination, servicing, and asset management.
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