PennantPark Floating Rate Capital
PFLT
50 hedge funds and large institutions have $44.5M invested in PennantPark Floating Rate Capital in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 8 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
4% more funds holding
Funds holding: 48 → 50 (+2)
1% more capital invested
Capital invested by funds: $44.2M → $44.5M (+$275K)
Top Buyers
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.3M |
| 2 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
+$691K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$465K |
| 4 |
Two Sigma Investments
New York
|
+$462K |
| 5 |
Morgan Stanley
New York
|
+$426K |
Top Sellers
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$5.78M |
| 2 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$744K |
| 3 |
CG
Caprock Group
Boise,
Idaho
|
-$618K |
| 4 |
Millennium Management
New York
|
-$557K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$512K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIMC
51
NWQ Investment Management Company
Los Angeles,
California
| – | -$5.78M | -420,678 | Closed |
|
|
AW
52
ACG Wealth
Atlanta,
Georgia
| – | -$744K | -54,154 | Closed |
|
|
CG
53
Caprock Group
Boise,
Idaho
| – | -$618K | -45,006 | Closed |
|
|
54
Millennium Management
New York
| – | -$557K | -40,540 | Closed |
|
|
CHAM
55
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$349K | -25,400 | Closed |
|
|
AIM
56
Allen Investment Management
New York
| – | -$169K | -12,336 | Closed |
|
57
Bank of America
Charlotte,
North Carolina
| – | -$85K | -6,200 | Closed |
|
58
Creative Planning
Overland Park,
Kansas
| – | -$7K | -500 | Closed |
|
PFLT Hedge Fund Activity: Q1 2015 in Review
50 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q1 2015, worth a combined $44.5M — up 0.62% from $44.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PFLT positions and 8 closed out — a net gain of 2 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $4.3M. The largest seller was NWQ Investment Management Company, exiting entirely with an estimated $5.78M sold.
- 50 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q1 2015, up from 48 in Q4 2014.
- Funds reported $44.5M of PennantPark Floating Rate Capital stock for Q1 2015, up 0.62% quarter-over-quarter.
- 10 funds opened new PennantPark Floating Rate Capital positions in Q1 2015 and 8 closed out, a net change of +2 holders.
- The largest PennantPark Floating Rate Capital buyer in Q1 2015 was Advisors Asset Management, an estimated $4.3M added.
- The largest PennantPark Floating Rate Capital seller in Q1 2015 was NWQ Investment Management Company, an estimated $5.78M sold.
Based on aggregated 13F filings for Q1 2015.