We are live on ! Find out more
PFLT icon

PennantPark Floating Rate Capital
PFLT

61 hedge funds and large institutions have $55.7M invested in PennantPark Floating Rate Capital in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 33 increasing their positions, 6 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 6

300% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 4

29% more capital invested

Capital invested by funds: $43M → $55.7M (+$12.7M)

24% more funds holding

Funds holding: 49 → 61 (+12)

Holders
61
Holders Change
+12
Holders Change %
+24.49%
% of All Funds
1.98%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
16
Increased
33
Reduced
6
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$2.69M
2
Millennium Management
Millennium Management
New York
+$2.46M
3
BFA
BlackRock Fund Advisors
California
+$2.16M
4
DCM
Dialectic Capital Management
Connecticut
+$1.35M
5
Northern Trust
Northern Trust
Illinois
+$1.34M

Top Sellers

Rank Fund Capital Flow
1
TC
TFS Capital
Pennsylvania
-$945K
2
Morgan Stanley
Morgan Stanley
New York
-$681K
3
Bank of America
Bank of America
North Carolina
-$274K
4
Goldman Sachs
Goldman Sachs
New York
-$247K
5
PAM
Panagora Asset Management
Massachusetts
-$108K
Name Holding Trade Value Shares
Change 		Change in
Stake
California State Teachers Retirement System (CalSTRS)
26
California State Teachers Retirement System (CalSTRS)
California
$363K +$116K +8,400 +47%
BP
27
BBR Partners
New York
$361K +$361K +26,200 New
BCM
28
Bridgeway Capital Management
Texas
$317K – – –
Charles Schwab
29
Charles Schwab
California
$286K +$86.7K +6,300 +43%
TA
30
Teachers Advisors
New York
$273K +$88.8K +6,446 +48%
Deutsche Bank
31
Deutsche Bank
Germany
$271K +$173K +12,538 +174%
CA
32
Corrado Advisors
New Jersey
$270K +$49.2K +3,575 +22%
Wells Fargo
33
Wells Fargo
California
$262K -$43.9K -3,186 -14%
AIG
34
American International Group
New York
$245K +$23.2K +1,683 +10%
RhumbLine Advisers
35
RhumbLine Advisers
Massachusetts
$228K +$34.9K +2,532 +18%
PCM
36
Prelude Capital Management
New York
$199K – – –
MLICM
37
Metropolitan Life Insurance Company (MetLife)
New York
$175K +$175K +12,693 New
NFA
38
Nationwide Fund Advisors
Ohio
$160K +$160K +11,611 New
BF
39
BOK Financial
Oklahoma
$157K – – –
Goldman Sachs
40
Goldman Sachs
New York
$149K -$247K -17,953 -62%
SNC
41
Stifel Nicolaus & Co
Missouri
$146K +$146K +10,599 New
U
42
UBS
Switzerland
$138K +$12.2K +884 +10%
BA
43
BlackRock Advisors
Delaware
$93K +$30.8K +2,240 +50%
RFC
44
Russell Frank Company
Washington
$68K +$67.6K +4,912 New
Credit Agricole
45
Credit Agricole
France
$67K +$66.8K +4,853 New
WRM
46
Westport Resources Management
Connecticut
$56K +$28.2K +2,050 +103%
Citigroup
47
Citigroup
New York
$37K +$36.6K +2,658 New
US Bancorp
48
US Bancorp
Minnesota
$28K +$27.5K +2,000 New
Bank of America
49
Bank of America
North Carolina
$23K -$274K -19,883 -92%
OIA
50
Optimum Investment Advisors
Illinois
$21K +$20.7K +1,500 New
1
2
3

PFLT Hedge Fund Activity: Q3 2013 in Review

61 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2013, worth a combined $55.7M — up 29% from $43M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new PFLT positions and 4 closed out — a net gain of 12 holders — while 33 added to existing stakes and 6 trimmed.

The largest buyer was Janney Montgomery Scott, adding an estimated $2.69M. The largest seller was TFS Capital, exiting entirely with an estimated $945K sold.

  • 61 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2013, up from 49 in Q2 2013.
  • Funds reported $55.7M of PennantPark Floating Rate Capital stock for Q3 2013, up 29% quarter-over-quarter.
  • 16 funds opened new PennantPark Floating Rate Capital positions in Q3 2013 and 4 closed out, a net change of +12 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q3 2013 was Janney Montgomery Scott, an estimated $2.69M added.
  • The largest PennantPark Floating Rate Capital seller in Q3 2013 was TFS Capital, an estimated $945K sold.

Based on aggregated 13F filings for Q3 2013.