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Institutional Ownership · SEC Form 13F

Who owns PFSI (PFSI)


Which tracked institutional funds hold PFSI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PFSI company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

233
Institutional holders
34,010,230
Shares held (tracked funds)
65.3%
Of shares outstanding

How the tape is positioned

50 tracked funds added or opened PFSI while 100 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

PFSI’s largest tracked holder by dollar value, MFN Partners Management, LP, sizes it at 8.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 8.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in PFSI divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 233 tracked filers holding PFSI, 135 increased or opened the position and 148 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in PFSI between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 27

  • VANGUARD PORTFOLIO MANAGEMENT LLC$145M
  • DONALD SMITH & CO., INC.$120M
  • VANGUARD CAPITAL MANAGEMENT LLC$113M
  • BlueCrest Capital Management Ltd$31M
  • WELLINGTON MANAGEMENT GROUP LLP$24M
  • VANGUARD FIDUCIARY TRUST CO$16M

Full exits 31

  • VANGUARD GROUP INC$366M
  • 140 Summer Partners LP$88M
  • Senator Investment Group LP$38M
  • GOLDENTREE ASSET MANAGEMENT LP$30M
  • JANE STREET GROUP, LLC$12M
  • Concentric Capital Strategies, LP$11M

Largest adds

  • T. Rowe Price Investment Management, Inc.$217M
  • MILLENNIUM MANAGEMENT LLC$201M
  • CITADEL ADVISORS LLC$45M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$26M
  • JANUS HENDERSON GROUP PLC$22M
  • Holocene Advisors, LP$20M

Largest trims

  • FMR LLC$235M
  • MFN Partners Management, LP$201M
  • Invesco Ltd.$136M
  • BlackRock, Inc.$99M
  • PRICE T ROWE ASSOCIATES INC /MD/$85M
  • DIMENSIONAL FUND ADVISORS LP$68M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
MFN Partners Management, LP4,531,792$396M10.8%2026-Q1
T. Rowe Price Investment Management, Inc. added3,600,780$315M8.6%2026-Q1
MILLENNIUM MANAGEMENT LLC added2,385,760$209M5.7%2026-Q1
BlackRock, Inc. trimmed2,203,681$193M5.3%2026-Q1
DIMENSIONAL FUND ADVISORS LP added1,916,271$167M4.6%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new1,658,085$145M4.0%2026-Q1
DONALD SMITH & CO., INC. new1,372,204$120M3.3%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,292,585$113M3.1%2026-Q1
CITADEL ADVISORS LLC added1,158,148$101M2.8%2026-Q1
STATE STREET CORP added857,152$75M2.0%2026-Q1
Invesco Ltd. trimmed807,986$71M1.9%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added707,944$62M1.7%2026-Q1
FMR LLC trimmed675,012$59M1.6%2026-Q1
GOLDMAN SACHS GROUP INC added669,851$59M1.6%2026-Q1
Senvest Management, LLC added508,633$44M1.2%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added468,772$41M1.1%2026-Q1
BASSWOOD CAPITAL MANAGEMENT, L.L.C. trimmed461,352$40M1.1%2026-Q1
AMERICAN CENTURY COMPANIES INC added432,485$38M1.0%2026-Q1
NORGES BANK trimmed331,760$33M0.9%2026-Q1
BANK OF AMERICA CORP /DE/ added379,429$33M0.9%2026-Q1
Boston Partners added362,101$32M0.9%2026-Q1
BlueCrest Capital Management Ltd added351,095$31M0.8%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added309,867$27M0.7%2026-Q1
Kinetic Partners Management, LP added308,800$27M0.7%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added272,270$24M0.6%2026-Q1
NORTHERN TRUST CORP added268,007$23M0.6%2026-Q1
JANUS HENDERSON GROUP PLC added267,868$23M0.6%2026-Q1
AMERIPRISE FINANCIAL INC trimmed266,600$23M0.6%2026-Q1
Bank of New York Mellon Corp trimmed235,734$21M0.6%2026-Q1
Holocene Advisors, LP added228,911$20M0.5%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed205,178$18M0.5%2026-Q1
VANGUARD FIDUCIARY TRUST CO new188,288$16M0.4%2026-Q1
CANYON CAPITAL ADVISORS LLC new187,500$16M0.4%2026-Q1
JPMORGAN CHASE & CO trimmed191,841$16M0.4%2026-Q1
UBS Group AG added183,736$16M0.4%2026-Q1
Qube Research & Technologies Ltd trimmed153,722$13M0.4%2026-Q1
Lightrock Netherlands B.V. added152,213$13M0.4%2026-Q1
Prescott Group Capital Management, L.L.C. added145,963$13M0.3%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed85,239$11M0.3%2026-Q1
Symmetry Investments LP added123,496$11M0.3%2026-Q1
MORGAN STANLEY trimmed118,851$10M0.3%2026-Q1
EverSource Wealth Advisors, LLC added138,303$10M0.3%2026-Q1
Azora Capital LP new109,878$10M0.3%2026-Q1
PALISADE CAPITAL MANAGEMENT, LP trimmed105,501$9M0.3%2026-Q1
Clearline Capital LP new102,386$9M0.2%2026-Q1
BW Gestao de Investimentos Ltda. trimmed87,500$8M0.2%2026-Q1
K2 PRINCIPAL FUND, L.P. added81,002$7M0.2%2026-Q1
Helix Partners Management LP new79,000$7M0.2%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added76,090$7M0.2%2026-Q1
Philadelphia Financial Management of San Francisco, LLC added69,366$6M0.2%2026-Q1
DARK FOREST CAPITAL MANAGEMENT LP trimmed67,075$6M0.2%2026-Q1
1832 Asset Management L.P. added66,700$6M0.2%2026-Q1
EMG Holdings, L.P. added65,727$6M0.2%2026-Q1
Nuveen, LLC trimmed65,644$6M0.2%2026-Q1
Squarepoint Ops LLC added63,231$6M0.2%2026-Q1
TD Asset Management Inc63,174$6M0.2%2026-Q1
Swiss National Bank added61,700$5M0.1%2026-Q1
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. trimmed59,592$5M0.1%2026-Q1
MARSHALL WACE, LLP added57,503$5M0.1%2026-Q1
Rubric Capital Management LP trimmed54,727$5M0.1%2026-Q1
IMC-Chicago, LLC added52,671$5M0.1%2026-Q1
GROUP ONE TRADING LLC added51,832$5M0.1%2026-Q1
AQR CAPITAL MANAGEMENT LLC added49,415$4M0.1%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND trimmed47,924$4M0.1%2026-Q1
TWO SIGMA INVESTMENTS, LP trimmed47,824$4M0.1%2026-Q1
South Dakota Investment Council added46,038$4M0.1%2026-Q1
CITIGROUP INC added44,167$4M0.1%2026-Q1
CastleKnight Management LP new44,100$4M0.1%2026-Q1
Y-Intercept (Hong Kong) Ltd added43,605$4M0.1%2026-Q1
CLOUGH CAPITAL PARTNERS L P added42,930$4M0.1%2026-Q1
RHUMBLINE ADVISERS trimmed40,290$4M0.1%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed38,737$3M0.1%2026-Q1
BARCLAYS PLC trimmed36,717$3M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added36,474$3M0.1%2026-Q1
Schonfeld Strategic Advisors LLC trimmed34,862$3M0.1%2026-Q1
VANGUARD GROUP INC trimmed2,775,941$366M10.0%2025-Q4 stale
Orbis Allan Gray Ltd added926,775$93M2.5%2025-Q1 stale
140 Summer Partners LP added669,892$88M2.4%2025-Q4 stale
Senator Investment Group LP added287,093$38M1.0%2025-Q4 stale
GOLDENTREE ASSET MANAGEMENT LP trimmed227,377$30M0.8%2025-Q4 stale
Conversant Capital LLC added266,000$27M0.7%2025-Q2 stale
Brandywine Global Investment Management, LLC trimmed108,431$13M0.4%2025-Q3 stale
JANE STREET GROUP, LLC added90,255$12M0.3%2025-Q4 stale
Concentric Capital Strategies, LP added86,478$11M0.3%2025-Q4 stale
Interval Partners, LP added68,319$9M0.2%2025-Q4 stale
Edgestream Partners, L.P. added82,003$8M0.2%2025-Q2 stale
TWO SIGMA ADVISERS, LP trimmed60,000$8M0.2%2025-Q4 stale
Atom Investors LP added51,821$6M0.2%2025-Q3 stale
Balyasny Asset Management L.P. trimmed45,391$6M0.2%2025-Q4 stale
MACQUARIE GROUP LTD trimmed55,570$6M0.2%2025-Q1 stale
Informed Momentum Co LLC trimmed37,009$5M0.1%2025-Q4 stale
RENAISSANCE TECHNOLOGIES LLC added32,400$4M0.1%2025-Q4 stale
TUDOR INVESTMENT CORP ET AL added29,118$4M0.1%2025-Q4 stale
FJ Capital Management LLC trimmed28,562$4M0.1%2025-Q4 stale
TWINBEECH CAPITAL LP added27,325$4M0.1%2025-Q4 stale
PICTON MAHONEY ASSET MANAGEMENT added28,872$4M0.1%2025-Q3 stale
Advantage Alpha Capital Partners LP trimmed28,360$4M0.1%2025-Q3 stale
IEQ CAPITAL, LLC new33,600$3M0.1%2025-Q1 stale
BOOTHBAY FUND MANAGEMENT, LLC added25,226$3M0.1%2025-Q4 stale
Hudson Bay Capital Management LP trimmed22,883$3M0.1%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership