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PennantPark Floating Rate Capital

93 hedge funds and large institutions have $98.1M invested in PennantPark Floating Rate Capital in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

293% more call options, than puts

Call options by funds: $1.02M | Put options by funds: $261K

43% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 23

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.48% less ownership

Funds ownership: 22.74%21.26% (-1.5%)

2% less funds holding

Funds holding: 9593 (-2)

8% less capital invested

Capital invested by funds: $107M → $98.1M (-$8.45M)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

Holders
93
Holders Change
-2
Holders Change %
-2.11%
% of All Funds
1.6%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
33
Reduced
23
Closed
11
Calls
$1.02M
Puts
$261K
Net Calls
+$764K
Net Calls Change
-$14K
Name Holding Trade Value Shares
Change
Change in
Stake
WS
26
Wedbush Securities
California
$537K +$36.5K +3,035 +6%
Mackenzie Financial
27
Mackenzie Financial
Ontario, Canada
$435K -$191K -15,875 -26%
LPL Financial
28
LPL Financial
California
$435K +$6.27K +522 +1%
RIG
29
Roosevelt Investment Group
New York
$432K -$10.7K -893 -2%
Janney Montgomery Scott
30
Janney Montgomery Scott
Pennsylvania
$403K -$164K -13,654 -25%
VEA
31
Virtus ETF Advisers
New York
$379K -$164K -13,684 -26%
JF
32
Jump Financial
Illinois
$371K +$113K +9,400 +32%
Neuberger Berman Group
33
Neuberger Berman Group
New York
$359K +$27K +2,247 +6%
Cambridge Investment Research Advisors
34
Cambridge Investment Research Advisors
Iowa
$309K +$23.4K +1,946 +6%
BNP Paribas Financial Markets
35
BNP Paribas Financial Markets
France
$275K +$339K +28,207 +7,052%
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$261K +$5.86K +488 +2%
BPC
37
Banque Pictet & Cie
Switzerland
$252K
PNAA
38
Pictet North America Advisors
Switzerland
$252K
N
39
Natixis
France
$241K +$57.7K +4,800 +24%
OIA
40
Optimum Investment Advisors
Illinois
$238K
Millennium Management
41
Millennium Management
New York
$232K +$38.9K +3,239 +15%
IAIM
42
International Assets Investment Management
Florida
$228K +$961 +80 +0.3%
VF
43
Virtu Financial
New York
$212K +$265K +22,048 New
TFA
44
Teamwork Financial Advisors
Texas
$211K +$3.68K +306 +1%
ASN
45
Advisory Services Network
Georgia
$202K +$22.5K +1,869 +10%
Envestnet Asset Management
46
Envestnet Asset Management
Illinois
$198K +$23.2K +1,928 +10%
WA
47
Wambolt & Associates
Colorado
$181K +$15K +1,250 +7%
GAMC
48
Garner Asset Management Corp
Texas
$166K -$63.6K -5,293 -23%
AWM
49
AllSquare Wealth Management
New York
$165K -$31.2K -2,600 -13%
AWA
50
Arkadios Wealth Advisors
Georgia
$156K +$195K +16,232 New

PFLT Hedge Fund Activity: Q3 2022 in Review

93 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2022, worth a combined $98.1M — down 7.9% from $107M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of PFLT and 9 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 33 added.

The largest buyer was Sound Income Strategies, adding an estimated $1.55M. The largest seller was Two Sigma Investments, cutting an estimated $1.36M.

  • 93 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2022, down from 95 in Q2 2022.
  • Funds reported $98.1M of PennantPark Floating Rate Capital stock for Q3 2022, down 7.9% quarter-over-quarter.
  • 9 funds opened new PennantPark Floating Rate Capital positions in Q3 2022 and 11 closed out, a net change of -2 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q3 2022 was Sound Income Strategies, an estimated $1.55M added.
  • The largest PennantPark Floating Rate Capital seller in Q3 2022 was Two Sigma Investments, an estimated $1.36M sold.

Based on aggregated 13F filings for Q3 2022.