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PennantPark Floating Rate Capital

70 hedge funds and large institutions have $109M invested in PennantPark Floating Rate Capital in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 19

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

10% more capital invested

Capital invested by funds: $98.7M → $109M (+$10.2M)

0% more funds holding

Funds holding: 7070 (0)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
70
Holders Change
Holders Change %
0%
% of All Funds
1.87%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
8
Increased
29
Reduced
19
Closed
6
Calls
$2K
Puts
Net Calls
+$2K
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
51
Raymond James Financial Services Advisors
Florida
$161K +$156K +12,133 New
Bank of America
52
Bank of America
North Carolina
$158K
JP Morgan Chase
53
JP Morgan Chase
New York
$152K -$57.9K -4,500 -28%
GH
54
GAM Holding
Switzerland
$119K +$115K +8,970 New
AG
55
Advisor Group
Arizona
$108K -$7.41K -576 -7%
Envestnet Asset Management
56
Envestnet Asset Management
Illinois
$86K -$31.7K -2,462 -27%
GWM
57
Geneos Wealth Management
Colorado
$82K
TRCT
58
Tower Research Capital (TRC)
New York
$28K +$17.3K +1,347 +169%
EWM
59
Edge Wealth Management
New York
$26K
Creative Planning
60
Creative Planning
Kansas
$15K -$61.8K -4,806 -81%
ST
61
Sphinx Trading
Illinois
$13K -$9K -700 -41%
Bank of Montreal
62
Bank of Montreal
Ontario, Canada
$13K -$39 -3 -0.3%
Deutsche Bank
63
Deutsche Bank
Germany
$13K +$12.9K +1,000 New
FWM
64
Focused Wealth Management
New York
$10K
AP
65
Atwood & Palmer
Missouri
$8K
MA
66
MUFG Americas
New York
$7K +$6.67K +519 New
PCM
67
Penserra Capital Management
California
$5K +$1.32K +103 +37%
PMFA
68
Plante Moran Financial Advisors
Michigan
$3K +$939 +73 +56%
CG
69
Cutler Group
California
$3K +$3.86K +300 New
KF
70
Krilogy Financial
Missouri
$1K
CS
71
Credit Suisse
Switzerland
-$1.09M -88,103 Closed
YMRC
72
Yorktown Management & Research Company
Virginia
-$682K -55,000 Closed
CIBC World Market
73
CIBC World Market
Ontario, Canada
-$144K -11,627 Closed
JC
74
JBF Capital
Colorado
-$77K -6,245 Closed
BIM
75
BlackRock Investment Management
Delaware
-$19K -1,500 Closed

PFLT Hedge Fund Activity: Q3 2016 in Review

70 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2016, worth a combined $109M — up 10% from $98.7M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PFLT positions and 6 closed out — a net gain of 2 holders — while 29 added to existing stakes and 19 trimmed.

The largest buyer was Ares Management, adding an estimated $4.06M. The largest seller was Morgan Stanley, cutting an estimated $5.93M.

  • 70 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2016, unchanged from Q2 2016.
  • Funds reported $109M of PennantPark Floating Rate Capital stock for Q3 2016, up 10% quarter-over-quarter.
  • 8 funds opened new PennantPark Floating Rate Capital positions in Q3 2016 and 6 closed out, a net change of +2 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q3 2016 was Ares Management, an estimated $4.06M added.
  • The largest PennantPark Floating Rate Capital seller in Q3 2016 was Morgan Stanley, an estimated $5.93M sold.

Based on aggregated 13F filings for Q3 2016.