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PennantPark Floating Rate Capital

84 hedge funds and large institutions have $92.5M invested in PennantPark Floating Rate Capital in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,448% more call options, than puts

Call options by funds: $26.6M | Put options by funds: $751K

31% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 13

25% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 20

5% more funds holding

Funds holding: 8084 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5.34% less ownership

Funds ownership: 23.95%18.61% (-5.3%)

23% less capital invested

Capital invested by funds: $120M → $92.5M (-$27M)

Holders
84
Holders Change
+4
Holders Change %
+5%
% of All Funds
1.29%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
25
Reduced
20
Closed
13
Calls
$26.6M
Puts
$751K
Net Calls
+$25.9M
Net Calls Change
+$25.6M
Name Holding Trade Value Shares
Change
Change in
Stake
RIG
26
Roosevelt Investment Group
New York
$627K -$281K -21,379 -30%
UBS Group
27
UBS Group
Switzerland
$614K -$64.6K -4,914 -9%
VEA
28
Virtus ETF Advisers
New York
$555K -$92.9K -7,071 -14%
TI
29
Tidal Investments
Wisconsin
$519K +$173K +13,145 +48%
LPL Financial
30
LPL Financial
California
$446K +$552 +42 +0.1%
CIM
31
Confluence Investment Management
Missouri
$415K -$432K -32,910 -50%
SCA
32
Snowden Capital Advisors
New York
$379K +$390K +29,700 New
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$364K -$14.4K -1,099 -4%
OIA
34
Optimum Investment Advisors
Illinois
$329K -$143K -10,847 -30%
Royal Bank of Canada
35
Royal Bank of Canada
Ontario, Canada
$316K +$10.9K +829 +3%
VF
36
Virtu Financial
New York
$311K +$320K +24,389 New
TFA
37
Teamwork Financial Advisors
Texas
$304K +$2.25K +171 +0.7%
IAIM
38
International Assets Investment Management
Florida
$303K
ASN
39
Advisory Services Network
Georgia
$245K -$21K -1,599 -8%
Envestnet Asset Management
40
Envestnet Asset Management
Illinois
$239K -$14.9K -1,133 -6%
AWM
41
AllSquare Wealth Management
New York
$238K +$35.5K +2,700 +17%
RJA
42
Raymond James & Associates
Florida
$235K +$75.5K +5,748 +45%
GAMC
43
Garner Asset Management Corp
Texas
$224K
JP Morgan Chase
44
JP Morgan Chase
New York
$221K -$50.8K -3,870 -18%
BCA
45
Biltmore Capital Advisors
New Jersey
$192K +$197K +15,000 New
DC
46
Davenport & Co
Virginia
$190K
Canada Life
47
Canada Life
Manitoba, Canada
$171K -$6.24K -475 -3%
Allspring Global Investments
48
Allspring Global Investments
North Carolina
$167K +$172K +13,100 New
Comerica Bank
49
Comerica Bank
Texas
$146K
CANY
50
Caxton Associates (New York)
New York
$143K

PFLT Hedge Fund Activity: Q4 2021 in Review

84 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q4 2021, worth a combined $92.5M — down 23% from $120M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PFLT positions and 13 closed out — a net gain of 4 holders — while 25 added to existing stakes and 20 trimmed.

The largest buyer was Sound Income Strategies, adding an estimated $785K. The largest seller was Altshuler Shaham, exiting entirely with an estimated $24.8M sold.

  • 84 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q4 2021, up from 80 in Q3 2021.
  • Funds reported $92.5M of PennantPark Floating Rate Capital stock for Q4 2021, down 23% quarter-over-quarter.
  • 17 funds opened new PennantPark Floating Rate Capital positions in Q4 2021 and 13 closed out, a net change of +4 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q4 2021 was Sound Income Strategies, an estimated $785K added.
  • The largest PennantPark Floating Rate Capital seller in Q4 2021 was Altshuler Shaham, an estimated $24.8M sold.

Based on aggregated 13F filings for Q4 2021.