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PennantPark Floating Rate Capital

111 hedge funds and large institutions have $180M invested in PennantPark Floating Rate Capital in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 23 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

327% more call options, than puts

Call options by funds: $141K | Put options by funds: $33K

109% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 23

54% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 13

12% more capital invested

Capital invested by funds: $161M → $180M (+$19.6M)

5% more funds holding

Funds holding: 106111 (+5)

1.47% more ownership

Funds ownership: 22.99%24.46% (+1.5%)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
111
Holders Change
+5
Holders Change %
+4.72%
% of All Funds
1.6%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
20
Increased
48
Reduced
23
Closed
13
Calls
$141K
Puts
$33K
Net Calls
+$108K
Net Calls Change
-$289K
Name Holding Trade Value Shares
Change
Change in
Stake
VF
51
Virtu Financial
New York
$325K +$65.7K +5,792 +26%
C
52
Certuity
Florida
$308K
Connor, Clark & Lunn Investment Management (CC&L)
53
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$306K +$10K +883 +3%
AWM
54
AE Wealth Management
Kansas
$261K -$17.7K -1,556 -6%
Wells Fargo
55
Wells Fargo
California
$249K +$142K +12,474 +137%
BHCM
56
Brevan Howard Capital Management
Jersey
$238K +$40.5K +3,567 +21%
PAG
57
Private Advisor Group
New Jersey
$237K +$73.7K +6,498 +46%
YLHM
58
Yelin Lapidot Holdings Management
Israel
$225K
Allspring Global Investments
59
Allspring Global Investments
North Carolina
$225K +$72.6K +6,400 +49%
N
60
Natixis
France
$221K
Corient Private Wealth
61
Corient Private Wealth
Florida
$212K -$67.9K -5,986 -25%
GAMC
62
Garner Asset Management Corp
Texas
$208K +$57 +5 +0%
Goldman Sachs
63
Goldman Sachs
New York
$199K -$6.23K -549 -3%
BIA
64
Beacon Investment Advisors
Maryland
$169K +$4.6K +405 +3%
QC
65
Quadrature Capital
United Kingdom
$163K -$337K -29,712 -68%
AWM
66
AllSquare Wealth Management
New York
$158K
AWA
67
Arkadios Wealth Advisors
Georgia
$147K +$1.14K +100 +0.8%
FWP
68
Firethorn Wealth Partners
Georgia
$146K +$3.82K +337 +3%
OIA
69
OneDigital Investment Advisors
Kansas
$145K +$2.54K +224 +2%
FFA
70
First Foundation Advisors
California
$143K +$141K +12,393 New
RJFSA
71
Raymond James Financial Services Advisors
Florida
$142K +$3.3K +291 +2%
FBB
72
Fulton Breakefield Broenniman
Maryland
$136K +$134K +11,798 New
Envestnet Asset Management
73
Envestnet Asset Management
Illinois
$136K +$6.09K +537 +5%
Bank of America
74
Bank of America
North Carolina
$134K +$32.4K +2,856 +33%
SWA
75
Strategies Wealth Advisors
Michigan
$133K +$3.48K +307 +3%

PFLT Hedge Fund Activity: Q2 2024 in Review

111 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2024, worth a combined $180M — up 12% from $161M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new PFLT positions and 13 closed out — a net gain of 7 holders — while 48 added to existing stakes and 23 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $8.02M. The largest seller was Sound Income Strategies, cutting an estimated $8.97M.

  • 111 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2024, up from 106 in Q1 2024.
  • Funds reported $180M of PennantPark Floating Rate Capital stock for Q2 2024, up 12% quarter-over-quarter.
  • 20 funds opened new PennantPark Floating Rate Capital positions in Q2 2024 and 13 closed out, a net change of +7 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q2 2024 was Two Sigma Investments, an estimated $8.02M added.
  • The largest PennantPark Floating Rate Capital seller in Q2 2024 was Sound Income Strategies, an estimated $8.97M sold.

Based on aggregated 13F filings for Q2 2024.