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PennantPark Floating Rate Capital

85 hedge funds and large institutions have $105M invested in PennantPark Floating Rate Capital in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

55% more call options, than puts

Call options by funds: $462K | Put options by funds: $298K

53% more capital invested

Capital invested by funds: $68.8M → $105M (+$36.2M)

22% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 23

4.03% less ownership

Funds ownership: 36.37%32.34% (-4%)

11% less funds holding

Funds holding: 9685 (-11)

52% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 21

Holders
85
Holders Change
-11
Holders Change %
-11.46%
% of All Funds
1.74%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.06%
New
10
Increased
28
Reduced
23
Closed
21
Calls
$462K
Puts
$298K
Net Calls
+$164K
Net Calls Change
+$252K
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
51
JP Morgan Chase
New York
$159K -$282K -38,410 -67%
Royal Bank of Canada
52
Royal Bank of Canada
Ontario, Canada
$151K -$52.2K -7,110 -28%
GAMC
53
Garner Asset Management Corp
Texas
$149K
LPL Financial
54
LPL Financial
California
$141K +$123K +16,826 New
AIM
55
Aigen Investment Management
New York
$138K +$89.2K +12,154 +282%
CANY
56
Caxton Associates (New York)
New York
$137K +$120K +16,368 New
AWM
57
AE Wealth Management
Kansas
$135K +$118K +16,072 New
SPC
58
Sigma Planning Corp
Michigan
$128K +$27.3K +3,720 +32%
Canada Life
59
Canada Life
Manitoba, Canada
$122K +$10.3K +1,404 +11%
PP
60
Paloma Partners
Connecticut
$113K +$10.5K +1,435 +12%
SBIA
61
Sheaff Brock Investment Advisors
Indiana
$107K
ICA
62
Infrastructure Capital Advisors
New York
$104K +$91.1K +12,414 New
Envestnet Asset Management
63
Envestnet Asset Management
Illinois
$93K +$3.22K +439 +4%
Citadel Advisors
64
Citadel Advisors
Florida
$92K -$375K -51,150 -82%
Russell Investments Group
65
Russell Investments Group
United Kingdom
$88K
LWA
66
Lineweaver Wealth Advisors
Ohio
$85K +$74.9K +10,202 New
SCA
67
Snowden Capital Advisors
New York
$84K +$73.4K +10,000 New
CAN
68
Cetera Advisor Networks
California
$67K +$58.2K +7,936 New
PAG
69
Private Advisor Group
New Jersey
$42K +$37.1K +5,059 New
Bank of America
70
Bank of America
North Carolina
$31K +$3.67K +500 +16%
CG
71
Cutler Group
California
$22K +$19.8K +2,700 New
EWM
72
Edge Wealth Management
New York
$11K
TRCT
73
Tower Research Capital (TRC)
New York
$10K -$58.7K -8,005 -87%
HI
74
Hudock Inc
Pennsylvania
$8K +$5.38K +733 +231%
GWM
75
Geneos Wealth Management
Colorado
$6K -$9.8K -1,335 -63%

PFLT Hedge Fund Activity: Q2 2020 in Review

85 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2020, worth a combined $105M — up 53% from $68.8M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of PFLT and 10 opened new positions — a net loss of 11 holders — while 23 trimmed existing stakes and 28 added.

The largest buyer was Arrowstreet Capital, adding an estimated $408K. The largest seller was Janney Montgomery Scott, cutting an estimated $1.73M.

  • 85 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2020, down from 96 in Q1 2020.
  • Funds reported $105M of PennantPark Floating Rate Capital stock for Q2 2020, up 53% quarter-over-quarter.
  • 10 funds opened new PennantPark Floating Rate Capital positions in Q2 2020 and 21 closed out, a net change of -11 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q2 2020 was Arrowstreet Capital, an estimated $408K added.
  • The largest PennantPark Floating Rate Capital seller in Q2 2020 was Janney Montgomery Scott, an estimated $1.73M sold.

Based on aggregated 13F filings for Q2 2020.