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PennantPark Floating Rate Capital

107 hedge funds and large institutions have $178M invested in PennantPark Floating Rate Capital in 2019 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 11

11% more funds holding

Funds holding: 96107 (+11)

7% more capital invested

Capital invested by funds: $166M → $178M (+$12.4M)

0.79% more ownership

Funds ownership: 37.04%37.83% (+0.79%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

6% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 33

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $4K

Holders
107
Holders Change
+11
Holders Change %
+11.46%
% of All Funds
2.11%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
22
Increased
31
Reduced
33
Closed
11
Calls
Puts
$4K
Net Calls
-$4K
Net Calls Change
-$9K
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
51
JP Morgan Chase
New York
$552K +$120K +10,089 +29%
D.E. Shaw & Co
52
D.E. Shaw & Co
New York
$525K +$193K +16,215 +60%
TC
53
TownSquare Capital
Utah
$479K +$60.5K +5,098 +15%
Mirae Asset Global Investments
54
Mirae Asset Global Investments
South Korea
$430K -$38.6K -3,248 -8%
FAAS
55
First Allied Advisory Services
California
$421K +$71K +5,979 +21%
AWM
56
AllSquare Wealth Management
New York
$385K -$4.63K -390 -1%
GC
57
Guggenheim Capital
Illinois
$379K -$268K -22,591 -42%
WAM
58
Wealthspire Advisors (Maryland)
Maryland
$350K +$341K +28,699 New
Cambridge Investment Research Advisors
59
Cambridge Investment Research Advisors
Iowa
$330K -$8.47K -713 -3%
Royal Bank of Canada
60
Royal Bank of Canada
Ontario, Canada
$318K +$140K +11,829 +83%
SBIA
61
Sheaff Brock Investment Advisors
Indiana
$253K +$2.27K +191 +0.9%
TI
62
Trexquant Investment
Connecticut
$248K +$242K +20,393 New
Neuberger Berman Group
63
Neuberger Berman Group
New York
$238K +$232K +19,533 New
DC
64
Davenport & Co
Virginia
$230K +$224K +18,872 New
WS
65
Wedbush Securities
California
$229K -$855 -72 -0.4%
Bank of Montreal
66
Bank of Montreal
Ontario, Canada
$219K
GAMC
67
Garner Asset Management Corp
Texas
$215K
Ameriprise
68
Ameriprise
Minnesota
$184K -$31.9K -2,684 -15%
CA
69
Calton & Associates
Florida
$166K +$162K +13,610 New
CANY
70
Caxton Associates (New York)
New York
$159K +$156K +13,135 New
KPW
71
Kore Private Wealth
New York
$157K
Canada Life
72
Canada Life
Manitoba, Canada
$155K +$152K +12,779 New
Squarepoint
73
Squarepoint
New York
$135K +$132K +11,094 New
SPC
74
Sigma Planning Corp
Michigan
$134K +$131K +11,006 New
SI
75
Stephens Inc
Arkansas
$130K -$3.56K -300 -3%

PFLT Hedge Fund Activity: Q4 2019 in Review

107 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q4 2019, worth a combined $178M — up 7.5% from $166M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new PFLT positions and 11 closed out — a net gain of 11 holders — while 31 added to existing stakes and 33 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $3.84M. The largest seller was Polar Capital, cutting an estimated $3.4M.

  • 107 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q4 2019, up from 96 in Q3 2019.
  • Funds reported $178M of PennantPark Floating Rate Capital stock for Q4 2019, up 7.5% quarter-over-quarter.
  • 22 funds opened new PennantPark Floating Rate Capital positions in Q4 2019 and 11 closed out, a net change of +11 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q4 2019 was Arrowstreet Capital, an estimated $3.84M added.
  • The largest PennantPark Floating Rate Capital seller in Q4 2019 was Polar Capital, an estimated $3.4M sold.

Based on aggregated 13F filings for Q4 2019.