PennantPark Floating Rate Capital
PFLT
80 hedge funds and large institutions have $120M invested in PennantPark Floating Rate Capital in 2021 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 12 closing their positions.
36% more call options, than puts
Call options by funds: $1.07M | Put options by funds: $792K
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
3% more funds holding
Funds holding: 78 → 80 (+2)
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
1.63% less ownership
Funds ownership: 25.58% → 23.95% (-1.6%)
5% less capital invested
Capital invested by funds: $126M → $120M (-$6.92M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$768K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$708K |
| 3 |
BlackRock
New York
|
+$495K |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$356K |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
POIA
Pin Oak Investment Advisors
Houston,
Texas
|
-$4.35M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.12M |
| 3 |
Two Sigma Investments
New York
|
-$537K |
| 4 |
TC
TownSquare Capital
Provo,
Utah
|
-$450K |
| 5 |
D.E. Shaw & Co
New York
|
-$444K |
PFLT Hedge Fund Activity: Q3 2021 in Review
80 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2021, worth a combined $120M — down 5.5% from $126M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PFLT positions and 12 closed out — a net gain of 2 holders — while 25 added to existing stakes and 23 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $768K. The largest seller was Pin Oak Investment Advisors, cutting an estimated $4.35M.
- 80 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2021, up from 78 in Q2 2021.
- Funds reported $120M of PennantPark Floating Rate Capital stock for Q3 2021, down 5.5% quarter-over-quarter.
- 14 funds opened new PennantPark Floating Rate Capital positions in Q3 2021 and 12 closed out, a net change of +2 holders.
- The largest PennantPark Floating Rate Capital buyer in Q3 2021 was Hennion & Walsh Asset Management, an estimated $768K added.
- The largest PennantPark Floating Rate Capital seller in Q3 2021 was Pin Oak Investment Advisors, an estimated $4.35M sold.
Based on aggregated 13F filings for Q3 2021.