PennantPark Floating Rate Capital
PFLT
92 hedge funds and large institutions have $109M invested in PennantPark Floating Rate Capital in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 17 closing their positions.
102% more call options, than puts
Call options by funds: $1.53M | Put options by funds: $756K
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
2% more capital invested
Capital invested by funds: $107M → $109M (+$2.21M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.69% less ownership
Funds ownership: 21.47% → 20.78% (-0.69%)
5% less funds holding
Funds holding: 97 → 92 (-5)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GG
Golden Green
Seneca,
South Carolina
|
+$1.68M |
| 2 |
Goldman Sachs
New York
|
+$1.21M |
| 3 |
Two Sigma Investments
New York
|
+$1.2M |
| 4 |
VanEck Associates
New York
|
+$1.02M |
| 5 |
Morgan Stanley
New York
|
+$932K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.22M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$517K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$332K |
| 4 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$289K |
| 5 |
PNAA
Pictet North America Advisors
Geneva 73,
Switzerland
|
-$289K |
PFLT Hedge Fund Activity: Q1 2023 in Review
92 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q1 2023, worth a combined $109M — up 2.1% from $107M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PFLT and 14 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 28 added.
The largest buyer was Golden Green, opening a new position worth an estimated $1.68M. The largest seller was BlackRock, cutting an estimated $1.22M.
- 92 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q1 2023, down from 97 in Q4 2022.
- Funds reported $109M of PennantPark Floating Rate Capital stock for Q1 2023, up 2.1% quarter-over-quarter.
- 14 funds opened new PennantPark Floating Rate Capital positions in Q1 2023 and 17 closed out, a net change of -3 holders.
- The largest PennantPark Floating Rate Capital buyer in Q1 2023 was Golden Green, an estimated $1.68M added.
- The largest PennantPark Floating Rate Capital seller in Q1 2023 was BlackRock, an estimated $1.22M sold.
Based on aggregated 13F filings for Q1 2023.