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PennantPark Floating Rate Capital

96 hedge funds and large institutions have $173M invested in PennantPark Floating Rate Capital in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 33 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

4% more funds holding

Funds holding: 9296 (+4)

1.36% less ownership

Funds ownership: 36.09%34.72% (-1.4%)

5% less capital invested

Capital invested by funds: $183M → $173M (-$9.89M)

33% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 33

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

90% less call options, than puts

Call options by funds: $68K | Put options by funds: $704K

Holders
96
Holders Change
+4
Holders Change %
+4.35%
% of All Funds
2.2%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
11
Increased
22
Reduced
33
Closed
6
Calls
$68K
Puts
$704K
Net Calls
-$636K
Net Calls Change
-$184K
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
76
Deutsche Bank
Germany
$75K +$54.2K +4,000 +265%
QCIG
77
Quad-Cities Investment Group
Iowa
$58K +$58.4K +4,313 New
Manulife (Manufacturers Life Insurance)
78
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$54K
BCA
79
Bay Colony Advisors
Massachusetts
$36K +$36K +2,661 New
PG
80
PEAK6 Group
Illinois
$34K -$32.2K -2,381 -49%
EWM
81
Edge Wealth Management
New York
$27K
UBS AM
82
UBS AM
Illinois
$15.1K
PC
83
Polar Capital
United Kingdom
$10.7K
FWM
84
Focused Wealth Management
New York
$10K
AP
85
Atwood & Palmer
Missouri
$9K
RFC
86
Regions Financial Corp
Alabama
$8K
TRCT
87
Tower Research Capital (TRC)
New York
$7K -$8.07K -596 -54%
CF
88
Centaurus Financial
California
$7K +$6.77K +500 New
Citigroup
89
Citigroup
New York
$5K
BWM
90
Baystate Wealth Management
Massachusetts
$4K +$4.39K +324 New
SEI Investments
91
SEI Investments
Pennsylvania
$3K -$6.83K -504 -70%
FIA
92
FNY Investment Advisers
New York
$2K +$2.44K +180 New
PGWM
93
Parisi Gray Wealth Management
New Jersey
$2K +$2.44K +180 New
CG
94
Cutler Group
California
$1K
ML
95
McAdam LLC
Pennsylvania
$1K
California Public Employees Retirement System
96
California Public Employees Retirement System
California
-$287K -21,940 Closed
SWP
97
Stratos Wealth Partners
Ohio
-$112K -8,556 Closed
VFA
98
Valeo Financial Advisors
Indiana
-$105K -7,773 Closed
IWM
99
IHT Wealth Management
Illinois
-$30K -2,260 Closed
WDL
100
Well Done LLC
Michigan
-$1K -64 Closed

PFLT Hedge Fund Activity: Q2 2018 in Review

96 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2018, worth a combined $173M — down 5.4% from $183M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new PFLT positions and 6 closed out — a net gain of 5 holders — while 22 added to existing stakes and 33 trimmed.

The largest buyer was Advisory Research, opening a new position worth an estimated $1.9M. The largest seller was Muzinich & Co, cutting an estimated $5.4M.

  • 96 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2018, up from 92 in Q1 2018.
  • Funds reported $173M of PennantPark Floating Rate Capital stock for Q2 2018, down 5.4% quarter-over-quarter.
  • 11 funds opened new PennantPark Floating Rate Capital positions in Q2 2018 and 6 closed out, a net change of +5 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q2 2018 was Advisory Research, an estimated $1.9M added.
  • The largest PennantPark Floating Rate Capital seller in Q2 2018 was Muzinich & Co, an estimated $5.4M sold.

Based on aggregated 13F filings for Q2 2018.