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PennantPark Floating Rate Capital

89 hedge funds and large institutions have $179M invested in PennantPark Floating Rate Capital in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $173M → $179M (+$6.2M)

0.16% more ownership

Funds ownership: 34.72%34.89% (+0.16%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

7% less funds holding

Funds holding: 9689 (-7)

10% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 29

26% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 19

Holders
89
Holders Change
-7
Holders Change %
-7.29%
% of All Funds
2.03%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
14
Increased
26
Reduced
29
Closed
19
Calls
$2K
Puts
Net Calls
+$2K
Net Calls Change
+$638K
Name Holding Trade Value Shares
Change
Change in
Stake
AR
26
Advisory Research
Illinois
$1.8M -$46.9K -3,463 -2%
SMDAM
27
Sumitomo Mitsui DS Asset Management
Japan
$1.67M -$55.1K -4,063 -3%
HighTower Advisors
28
HighTower Advisors
Illinois
$1.61M +$33.5K +2,473 +2%
TFCM
29
Taylor Frigon Capital Management
Arizona
$1.45M +$39K +2,875 +3%
MCM
30
McKinley Capital Management
Alaska
$1.43M +$4.84K +357 +0.3%
Wells Fargo
31
Wells Fargo
California
$1.35M -$7.62K -562 -0.5%
CL
32
CSS LLC
Illinois
$1.26M
CIM
33
Confluence Investment Management
Missouri
$1.16M
MCM
34
Monument Capital Management
Virginia
$1.15M +$23.4K +1,725 +2%
GC
35
Guggenheim Capital
Illinois
$1.14M +$116K +8,552 +11%
FCH
36
Freestone Capital Holdings
Washington
$1.12M +$610 +45 +0.1%
TYCC
37
Texas Yale Capital Corp
Florida
$1.04M
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$1.03M
SCM
39
Shelton Capital Management
Colorado
$907K
YCM
40
Yakira Capital Management
Connecticut
$714K
OIA
41
Optimum Investment Advisors
Illinois
$677K -$13.8K -1,020 -2%
Commonwealth Equity Services
42
Commonwealth Equity Services
Massachusetts
$667K +$127K +9,387 +23%
JP Morgan Chase
43
JP Morgan Chase
New York
$563K +$190K +14,000 +49%
D.E. Shaw & Co
44
D.E. Shaw & Co
New York
$473K +$336K +24,766 +220%
WS
45
Wedbush Securities
California
$440K +$4.62K +341 +1%
AWM
46
AllSquare Wealth Management
New York
$418K +$13.6K +1,000 +3%
Two Sigma Advisers
47
Two Sigma Advisers
New York
$371K -$116K -8,538 -23%
Royal Bank of Canada
48
Royal Bank of Canada
Ontario, Canada
$367K -$48.3K -3,567 -11%
Cambridge Investment Research Advisors
49
Cambridge Investment Research Advisors
Iowa
$328K -$55.8K -4,114 -14%
NFA
50
Nuveen Fund Advisors
Illinois
$283K -$276K -20,342 -49%

PFLT Hedge Fund Activity: Q3 2018 in Review

89 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2018, worth a combined $179M — up 3.6% from $173M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of PFLT and 14 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 26 added.

The largest buyer was LGT Capital Partners, adding an estimated $2.3M. The largest seller was WESPAC Advisors, exiting entirely with an estimated $663K sold.

  • 89 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2018, down from 96 in Q2 2018.
  • Funds reported $179M of PennantPark Floating Rate Capital stock for Q3 2018, up 3.6% quarter-over-quarter.
  • 14 funds opened new PennantPark Floating Rate Capital positions in Q3 2018 and 19 closed out, a net change of -5 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q3 2018 was LGT Capital Partners, an estimated $2.3M added.
  • The largest PennantPark Floating Rate Capital seller in Q3 2018 was WESPAC Advisors, an estimated $663K sold.

Based on aggregated 13F filings for Q3 2018.