PennantPark Floating Rate Capital
PFLT
78 hedge funds and large institutions have $126M invested in PennantPark Floating Rate Capital in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 12 closing their positions.
210% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $486K
2% more capital invested
Capital invested by funds: $124M → $126M (+$2.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.28% less ownership
Funds ownership: 26.86% → 25.58% (-1.3%)
5% less funds holding
Funds holding: 82 → 78 (-4)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$3.72M |
| 2 |
Two Sigma Investments
New York
|
+$609K |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$570K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$481K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$2.74M |
| 2 |
TFCM
Taylor Frigon Capital Management
Scottsdale,
Arizona
|
-$1.64M |
| 3 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
-$1.55M |
| 4 |
VanEck Associates
New York
|
-$1.33M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$963K |
PFLT Hedge Fund Activity: Q2 2021 in Review
78 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2021, worth a combined $126M — up 1.9% from $124M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PFLT and 8 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 19 added.
The largest buyer was JP Morgan Private Wealth Advisors, opening a new position worth an estimated $3.72M. The largest seller was Pacific Ridge Capital Partners, exiting entirely with an estimated $2.74M sold.
- 78 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2021, down from 82 in Q1 2021.
- Funds reported $126M of PennantPark Floating Rate Capital stock for Q2 2021, up 1.9% quarter-over-quarter.
- 8 funds opened new PennantPark Floating Rate Capital positions in Q2 2021 and 12 closed out, a net change of -4 holders.
- The largest PennantPark Floating Rate Capital buyer in Q2 2021 was JP Morgan Private Wealth Advisors, an estimated $3.72M added.
- The largest PennantPark Floating Rate Capital seller in Q2 2021 was Pacific Ridge Capital Partners, an estimated $2.74M sold.
Based on aggregated 13F filings for Q2 2021.