We are live on ! Find out more
PFLT icon

PennantPark Floating Rate Capital
PFLT

48 hedge funds and large institutions have $44.2M invested in PennantPark Floating Rate Capital in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 8

16% more capital invested

Capital invested by funds: $38.3M → $44.2M (+$5.94M)

9% more funds holding

Funds holding: 44 → 48 (+4)

25% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 16

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
48
Holders Change
+4
Holders Change %
+9.09%
% of All Funds
1.28%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
15
Increased
12
Reduced
16
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AAM
Advisors Asset Management
Colorado
+$2.11M
2
RVP
Relative Value Partners
Illinois
+$762K
3
CHAM
Clear Harbor Asset Management
Connecticut
+$353K
4
WFI
West Family Investments
California
+$347K
5
TYCC
Texas Yale Capital Corp
Florida
+$223K

Top Sellers

Rank Fund Capital Flow
1
AIM
Allen Investment Management
New York
-$978K
2
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$951K
3
CIM
Confluence Investment Management
Missouri
-$627K
4
NIMC
NWQ Investment Management Company
California
-$475K
5
MERSOM
Municipal Employees' Retirement System of Michigan
Michigan
-$372K
Name Holding Trade Value Shares
Change 		Change in
Stake
Millennium Management
26
Millennium Management
New York
$557K +$203K +14,616 +56%
CA
27
Corrado Advisors
New Jersey
$524K -$18.5K -1,333 -3%
BP
28
BBR Partners
New York
$360K – – –
CHAM
29
Clear Harbor Asset Management
Connecticut
$349K +$353K +25,400 New
JP Morgan Chase
30
JP Morgan Chase
New York
$268K +$55.6K +4,000 +26%
AIG
31
American International Group
New York
$223K +$2.18K +157 +1%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$196K +$28.5K +2,050 +17%
Two Sigma Investments
33
Two Sigma Investments
New York
$192K -$121K -8,730 -38%
AIM
34
Allen Investment Management
New York
$169K -$978K -70,435 -85%
Wells Fargo
35
Wells Fargo
California
$106K -$117K -8,448 -52%
JC
36
JBF Capital
Colorado
$106K +$108K +7,745 New
Bank of America
37
Bank of America
North Carolina
$85K +$86.1K +6,200 New
MSE
38
MUFG Securities EMEA
United Kingdom
$76K – – –
WRM
39
Westport Resources Management
Connecticut
$47K -$7.45K -536 -13%
EWM
40
Edge Wealth Management
New York
$28K – – –
US Bancorp
41
US Bancorp
Minnesota
$23K -$4.93K -355 -18%
TRCT
42
Tower Research Capital (TRC)
New York
$20K -$7.67K -552 -28%
PI
43
PineBridge Investments
New York
$16K +$16.6K +1,196 New
Citigroup
44
Citigroup
New York
$12K -$139 -10 -1%
FWM
45
Focused Wealth Management
New York
$10K +$10.4K +750 New
Creative Planning
46
Creative Planning
Kansas
$7K +$6.95K +500 New
GT
47
Glenmede Trust
Pennsylvania
$6K – – –
Manulife (Manufacturers Life Insurance)
48
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$36 -$951K -68,476 -96%
MERSOM
49
Municipal Employees' Retirement System of Michigan
Michigan
– -$372K -26,800 Closed
DCM
50
Driehaus Capital Management
Illinois
– -$361K -26,200 Closed
1
2
3

PFLT Hedge Fund Activity: Q4 2014 in Review

48 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q4 2014, worth a combined $44.2M — up 16% from $38.3M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PFLT positions and 8 closed out — a net gain of 7 holders — while 12 added to existing stakes and 16 trimmed.

The largest buyer was Advisors Asset Management, opening a new position worth an estimated $2.11M. The largest seller was Allen Investment Management, cutting an estimated $978K.

  • 48 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q4 2014, up from 44 in Q3 2014.
  • Funds reported $44.2M of PennantPark Floating Rate Capital stock for Q4 2014, up 16% quarter-over-quarter.
  • 15 funds opened new PennantPark Floating Rate Capital positions in Q4 2014 and 8 closed out, a net change of +7 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q4 2014 was Advisors Asset Management, an estimated $2.11M added.
  • The largest PennantPark Floating Rate Capital seller in Q4 2014 was Allen Investment Management, an estimated $978K sold.

Based on aggregated 13F filings for Q4 2014.