PennantPark Floating Rate Capital
PFLT
82 hedge funds and large institutions have $124M invested in PennantPark Floating Rate Capital in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 37 reducing their positions, and 10 closing their positions.
756% more call options, than puts
Call options by funds: $1.39M | Put options by funds: $162K
30% more capital invested
Capital invested by funds: $95.5M → $124M (+$28.6M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
3.17% more ownership
Funds ownership: 23.7% → 26.86% (+3.2%)
1% more funds holding
Funds holding: 81 → 82 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
49% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$22.1M |
| 2 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$1.92M |
| 3 |
VanEck Associates
New York
|
+$1.2M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$455K |
| 5 |
Two Sigma Advisers
New York
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$2.98M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.76M |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$1.59M |
| 4 |
Morgan Stanley
New York
|
-$1.36M |
| 5 |
BlackRock
New York
|
-$971K |
PFLT Hedge Fund Activity: Q1 2021 in Review
82 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q1 2021, worth a combined $124M — up 30% from $95.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PFLT positions and 10 closed out — a net gain of 1 holder — while 19 added to existing stakes and 37 trimmed.
The largest buyer was Altshuler Shaham, opening a new position worth an estimated $22.1M. The largest seller was B. Riley Wealth Management, exiting entirely with an estimated $2.98M sold.
- 82 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q1 2021, up from 81 in Q4 2020.
- Funds reported $124M of PennantPark Floating Rate Capital stock for Q1 2021, up 30% quarter-over-quarter.
- 11 funds opened new PennantPark Floating Rate Capital positions in Q1 2021 and 10 closed out, a net change of +1 holder.
- The largest PennantPark Floating Rate Capital buyer in Q1 2021 was Altshuler Shaham, an estimated $22.1M added.
- The largest PennantPark Floating Rate Capital seller in Q1 2021 was B. Riley Wealth Management, an estimated $2.98M sold.
Based on aggregated 13F filings for Q1 2021.