We are live on ! Find out more
PFLT icon

PennantPark Floating Rate Capital
PFLT

82 hedge funds and large institutions have $148M invested in PennantPark Floating Rate Capital in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 8

6% more funds holding

Funds holding: 77 → 82 (+5)

4% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 28

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

3.12% less ownership

Funds ownership: 35.59% → 32.46% (-3.1%)

6% less capital invested

Capital invested by funds: $157M → $148M (-$8.96M)

Holders
82
Holders Change
+5
Holders Change %
+6.49%
% of All Funds
2.04%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
13
Increased
29
Reduced
28
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$1.75M
2
VanEck Associates
VanEck Associates
New York
+$1.08M
3
Ameriprise
Ameriprise
Minnesota
+$884K
4
LTFS
Ladenburg Thalmann Financial Services
Florida
+$785K
5
MC
Muzinich & Co
New York
+$706K

Top Sellers

Rank Fund Capital Flow
1
IP
Ironsides Partners
Massachusetts
-$3.49M
2
Two Sigma Investments
Two Sigma Investments
New York
-$3.23M
3
Two Sigma Advisers
Two Sigma Advisers
New York
-$2.5M
4
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$1.92M
5
FCH
Freestone Capital Holdings
Washington
-$1.07M
Name Holding Trade Value Shares
Change 		Change in
Stake
NFA
26
Nuveen Fund Advisors
Illinois
$1.64M -$102K -7,292 -6%
Manulife (Manufacturers Life Insurance)
27
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.61M -$127K -9,121 -7%
HighTower Advisors
28
HighTower Advisors
Illinois
$1.57M +$99.7K +7,141 +7%
JP Morgan Chase
29
JP Morgan Chase
New York
$1.49M -$15.1K -1,082 -1%
CL
30
CSS LLC
Illinois
$1.35M – – –
MCM
31
McKinley Capital Management
Alaska
$1.25M -$589K -42,183 -32%
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$1.14M -$14K -1,000 -1%
TYCC
33
Texas Yale Capital Corp
Florida
$1.07M +$31.4K +2,250 +3%
SCM
34
Shelton Capital Management
Colorado
$974K +$489K +35,000 +103%
Stifel Financial
35
Stifel Financial
Missouri
$910K -$1.94K -139 -0.2%
Ameriprise
36
Ameriprise
Minnesota
$893K +$884K +63,310 New
MF
37
Magnetar Financial
Illinois
$889K +$237K +17,008 +37%
Goldman Sachs
38
Goldman Sachs
New York
$802K +$242K +17,345 +44%
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$783K +$84K +6,019 +12%
OIA
40
Optimum Investment Advisors
Illinois
$765K +$114K +8,147 +18%
Wells Fargo
41
Wells Fargo
California
$741K +$34.3K +2,456 +5%
Commonwealth Equity Services
42
Commonwealth Equity Services
Massachusetts
$606K +$47.3K +3,386 +9%
YCM
43
Yakira Capital Management
Connecticut
$600K -$76.6K -5,487 -11%
OAM
44
Oxford Asset Management
United Kingdom
$538K +$268K +19,190 +101%
GC
45
Guggenheim Capital
Illinois
$492K +$487K +34,866 New
Bank of Montreal
46
Bank of Montreal
Ontario, Canada
$423K +$405K +29,000 +2,900%
BP
47
BBR Partners
New York
$370K – – –
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$361K +$30.7K +2,200 +9%
D.E. Shaw & Co
49
D.E. Shaw & Co
New York
$322K -$1.92M -137,544 -86%
GAMC
50
Garner Asset Management Corp
Texas
$320K +$316K +22,646 New
1
2
3 4

PFLT Hedge Fund Activity: Q2 2017 in Review

82 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2017, worth a combined $148M — down 5.7% from $157M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new PFLT positions and 8 closed out — a net gain of 5 holders — while 29 added to existing stakes and 28 trimmed.

The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $1.75M. The largest seller was Ironsides Partners, cutting an estimated $3.49M.

  • 82 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2017, up from 77 in Q1 2017.
  • Funds reported $148M of PennantPark Floating Rate Capital stock for Q2 2017, down 5.7% quarter-over-quarter.
  • 13 funds opened new PennantPark Floating Rate Capital positions in Q2 2017 and 8 closed out, a net change of +5 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q2 2017 was Arrowstreet Capital, an estimated $1.75M added.
  • The largest PennantPark Floating Rate Capital seller in Q2 2017 was Ironsides Partners, an estimated $3.49M sold.

Based on aggregated 13F filings for Q2 2017.