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PennantPark Floating Rate Capital

96 hedge funds and large institutions have $173M invested in PennantPark Floating Rate Capital in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 33 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

4% more funds holding

Funds holding: 9296 (+4)

1.36% less ownership

Funds ownership: 36.09%34.72% (-1.4%)

5% less capital invested

Capital invested by funds: $183M → $173M (-$9.89M)

33% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 33

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

90% less call options, than puts

Call options by funds: $68K | Put options by funds: $704K

Holders
96
Holders Change
+4
Holders Change %
+4.35%
% of All Funds
2.2%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
11
Increased
22
Reduced
33
Closed
6
Calls
$68K
Puts
$704K
Net Calls
-$636K
Net Calls Change
-$184K
Name Holding Trade Value Shares
Change
Change in
Stake
Cambridge Investment Research Advisors
51
Cambridge Investment Research Advisors
Iowa
$397K +$61.8K +4,562 +19%
JP Morgan Chase
52
JP Morgan Chase
New York
$394K -$4.82K -356 -1%
VF
53
Virtu Financial
New York
$368K +$365K +26,935 New
Two Sigma Investments
54
Two Sigma Investments
New York
$348K -$117K -8,669 -25%
GAMC
55
Garner Asset Management Corp
Texas
$272K
SBIA
56
Sheaff Brock Investment Advisors
Indiana
$269K +$1.99K +147 +0.8%
GXMC
57
Global X Management Company
New York
$265K +$13.8K +1,019 +6%
AG
58
Advisor Group
Arizona
$236K +$65.3K +4,822 +39%
SWM
59
Stockman Wealth Management
Montana
$230K
VCM
60
Versant Capital Management
Arizona
$229K -$58.5K -4,322 -20%
D.E. Shaw & Co
61
D.E. Shaw & Co
New York
$154K -$16.7K -1,232 -10%
RJFSA
62
Raymond James Financial Services Advisors
Florida
$152K
LPL Financial
63
LPL Financial
California
$147K -$5.76K -425 -4%
CIBC World Market
64
CIBC World Market
Ontario, Canada
$144K -$10.8K -797 -7%
FC
65
Financial Consulate
Maryland
$144K -$9.03K -667 -6%
Canada Life
66
Canada Life
Manitoba, Canada
$143K
Citadel Advisors
67
Citadel Advisors
Florida
$142K +$141K +10,430 New
ICA
68
Infrastructure Capital Advisors
New York
$138K -$135K -10,000 -50%
AIM
69
Assured Investment Management
New York
$137K +$136K +10,054 New
ASN
70
Advisory Services Network
Georgia
$131K
GWM
71
Geneos Wealth Management
Colorado
$113K +$18.1K +1,335 +19%
Bank of America
72
Bank of America
North Carolina
$101K -$6.51K -481 -6%
FANJ
73
Financial Architects (New Jersey)
New Jersey
$96K
Envestnet Asset Management
74
Envestnet Asset Management
Illinois
$83K -$41.1K -3,035 -33%
Simplex Trading
75
Simplex Trading
Illinois
$76K +$9.05K +668 +13%

PFLT Hedge Fund Activity: Q2 2018 in Review

96 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2018, worth a combined $173M — down 5.4% from $183M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new PFLT positions and 6 closed out — a net gain of 5 holders — while 22 added to existing stakes and 33 trimmed.

The largest buyer was Advisory Research, opening a new position worth an estimated $1.9M. The largest seller was Muzinich & Co, cutting an estimated $5.4M.

  • 96 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2018, up from 92 in Q1 2018.
  • Funds reported $173M of PennantPark Floating Rate Capital stock for Q2 2018, down 5.4% quarter-over-quarter.
  • 11 funds opened new PennantPark Floating Rate Capital positions in Q2 2018 and 6 closed out, a net change of +5 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q2 2018 was Advisory Research, an estimated $1.9M added.
  • The largest PennantPark Floating Rate Capital seller in Q2 2018 was Muzinich & Co, an estimated $5.4M sold.

Based on aggregated 13F filings for Q2 2018.