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PennantPark Floating Rate Capital

73 hedge funds and large institutions have $89.9M invested in PennantPark Floating Rate Capital in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

9% more capital invested

Capital invested by funds: $82.3M → $89.9M (+$7.56M)

7% more funds holding

Funds holding: 6873 (+5)

11% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 27

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
73
Holders Change
+5
Holders Change %
+7.35%
% of All Funds
1.95%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
24
Reduced
27
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TRCT
76
Tower Research Capital (TRC)
New York
-$47K -4,217 Closed
AFP
77
Ausdal Financial Partners
Iowa
-$29K -2,560 Closed

PFLT Hedge Fund Activity: Q1 2016 in Review

73 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q1 2016, worth a combined $89.9M — up 9.2% from $82.3M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new PFLT positions and 4 closed out — a net gain of 5 holders — while 24 added to existing stakes and 27 trimmed.

The largest buyer was Polar Capital, adding an estimated $1.74M. The largest seller was GLG Partners, cutting an estimated $2.3M.

  • 73 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q1 2016, up from 68 in Q4 2015.
  • Funds reported $89.9M of PennantPark Floating Rate Capital stock for Q1 2016, up 9.2% quarter-over-quarter.
  • 9 funds opened new PennantPark Floating Rate Capital positions in Q1 2016 and 4 closed out, a net change of +5 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q1 2016 was Polar Capital, an estimated $1.74M added.
  • The largest PennantPark Floating Rate Capital seller in Q1 2016 was GLG Partners, an estimated $2.3M sold.

Based on aggregated 13F filings for Q1 2016.