PennantPark Floating Rate Capital
PFLT
68 hedge funds and large institutions have $82.3M invested in PennantPark Floating Rate Capital in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 12 closing their positions.
5% more capital invested
Capital invested by funds: $78.1M → $82.3M (+$4.25M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
1% less funds holding
Funds holding: 69 → 68 (-1)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
+$5.79M |
| 2 |
PC
Polar Capital
London,
United Kingdom
|
+$3.7M |
| 3 |
Morgan Stanley
New York
|
+$1.97M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.6M |
| 5 |
WFI
West Family Investments
Carlsbad,
California
|
+$997K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.88M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.8M |
| 3 |
GP
GLG Partners
London,
United Kingdom
|
-$1.68M |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.14M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$995K |
PFLT Hedge Fund Activity: Q4 2015 in Review
68 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q4 2015, worth a combined $82.3M — up 5.4% from $78.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PFLT and 11 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 19 added.
The largest buyer was LGT Capital Partners, opening a new position worth an estimated $5.79M. The largest seller was Credit Suisse, cutting an estimated $1.88M.
- 68 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q4 2015, down from 69 in Q3 2015.
- Funds reported $82.3M of PennantPark Floating Rate Capital stock for Q4 2015, up 5.4% quarter-over-quarter.
- 11 funds opened new PennantPark Floating Rate Capital positions in Q4 2015 and 12 closed out, a net change of -1 holder.
- The largest PennantPark Floating Rate Capital buyer in Q4 2015 was LGT Capital Partners, an estimated $5.79M added.
- The largest PennantPark Floating Rate Capital seller in Q4 2015 was Credit Suisse, an estimated $1.88M sold.
Based on aggregated 13F filings for Q4 2015.