PennantPark Floating Rate Capital
PFLT
92 hedge funds and large institutions have $183M invested in PennantPark Floating Rate Capital in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 29 reducing their positions, and 10 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
17% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 29
3% more funds holding
Funds holding: 89 → 92 (+3)
1.55% more ownership
Funds ownership: 34.54% → 36.09% (+1.5%)
0% more capital invested
Capital invested by funds: $182M → $183M (+$710K)
62% less call options, than puts
Call options by funds: $278K | Put options by funds: $730K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$20.6M |
| 2 |
CIM
Corbyn Investment Management
Lutherville,
Maryland
|
+$2.03M |
| 3 |
POIA
Pin Oak Investment Advisors
Houston,
Texas
|
+$1.45M |
| 4 |
RA
Resource America
New York
|
+$1.37M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.93M |
| 2 |
MC
Muzinich & Co
New York
|
-$4.64M |
| 3 |
JP Morgan Chase
New York
|
-$2.69M |
| 4 |
Two Sigma Investments
New York
|
-$2.37M |
| 5 |
Two Sigma Advisers
New York
|
-$1.86M |
PFLT Hedge Fund Activity: Q1 2018 in Review
92 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q1 2018, worth a combined $183M — up 0.39% from $182M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PFLT positions and 10 closed out — a net gain of 4 holders — while 34 added to existing stakes and 29 trimmed.
The largest buyer was Altshuler Shaham, adding an estimated $20.6M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $5.93M sold.
- 92 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q1 2018, up from 89 in Q4 2017.
- Funds reported $183M of PennantPark Floating Rate Capital stock for Q1 2018, up 0.39% quarter-over-quarter.
- 14 funds opened new PennantPark Floating Rate Capital positions in Q1 2018 and 10 closed out, a net change of +4 holders.
- The largest PennantPark Floating Rate Capital buyer in Q1 2018 was Altshuler Shaham, an estimated $20.6M added.
- The largest PennantPark Floating Rate Capital seller in Q1 2018 was Arrowstreet Capital, an estimated $5.93M sold.
Based on aggregated 13F filings for Q1 2018.