Donald Smith & Co., Inc. and DSCO Value Fund, L.P. filed a Schedule 13G with the SEC on November 13, 2026, disclosing aggregate beneficial ownership of 2,770,303 shares of PennyMac Financial Services, Inc. common stock, representing 5.3% of the class, as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: 2,770,303 shares of PennyMac Financial Services, Inc. common stock, equal to 5.3% of the class.
  • Sole voting power (Donald Smith & Co.): 2,686,693 shares; sole dispositive power: 2,744,463 shares.
  • DSCO Value Fund, L.P.: sole voting and dispositive power each over 25,840 shares, with aggregate beneficial ownership reported as 2,770,303 shares.
  • Triggering event date: September 30, 2026, per the filing.
  • Filer classification: Donald Smith & Co., Inc. is classified as an investment adviser (IA); DSCO Value Fund, L.P. is classified as a limited partnership (PN).
  • Shared voting and dispositive power: zero shares reported for both reporting persons.

Donald Smith & Co. Crosses 5% Ownership Threshold in PennyMac Financial

According to the Schedule 13G filed November 13, 2026, Donald Smith & Co., Inc., a Delaware corporation and registered investment adviser headquartered at 152 West 57th Street, 29th Floor, New York, NY 10019, together with DSCO Value Fund, L.P., reported aggregate beneficial ownership of 2,770,303 shares of common stock in PennyMac Financial Services, Inc. (CUSIP 70932M107). The event triggering the filing occurred on September 30, 2026, and the filing was signed by Richard L. Greenberg, CEO and Co-CIO, on behalf of both reporting persons.

The filing reports that Donald Smith & Co., Inc. holds sole voting power over 2,686,693 shares and sole dispositive power over 2,744,463 shares. DSCO Value Fund, L.P. holds sole voting and sole dispositive power each over 25,840 shares. Neither reporting person reported any shared voting or shared dispositive power. The combined percent of class represented by the aggregate amount beneficially owned is stated as 5.3% in the schedule rows and 5.33% in Item 4.

The filing notes, under Item 6, that Donald Smith & Co., Inc. does not serve as custodian of client assets, and that "the ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the institutional clients which Donald Smith & Co., Inc. serves as investment advisor." The filing further states that any discretionary authority delegated to Donald Smith & Co., Inc. may be revoked in whole or in part at any time, and that no single advisory client owns more than 5% of the class.

What Was Disclosed

Donald Smith & Co., Inc. and DSCO Value Fund, L.P. disclosed combined beneficial ownership of 2,770,303 shares, or 5.3%, of PennyMac Financial Services, Inc. common stock via a Schedule 13G, with the triggering date of September 30, 2026.