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PennantPark Floating Rate Capital

89 hedge funds and large institutions have $179M invested in PennantPark Floating Rate Capital in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $173M → $179M (+$6.2M)

0.16% more ownership

Funds ownership: 34.72%34.89% (+0.16%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

7% less funds holding

Funds holding: 9689 (-7)

10% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 29

26% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 19

Holders
89
Holders Change
-7
Holders Change %
-7.29%
% of All Funds
2.03%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
14
Increased
26
Reduced
29
Closed
19
Calls
$2K
Puts
Net Calls
+$2K
Net Calls Change
+$638K
Name Holding Trade Value Shares
Change
Change in
Stake
FWM
76
Focused Wealth Management
New York
$10K
AP
77
Atwood & Palmer
Missouri
$8K
RFC
78
Regions Financial Corp
Alabama
$8K
APA
79
American Portfolios Advisors
New York
$7.93K +$8.17K +603 New
TRCT
80
Tower Research Capital (TRC)
New York
$5K -$1.69K -125 -25%
Citigroup
81
Citigroup
New York
$5K
FHB
82
First Hawaiian Bank
Hawaii
$3K +$2.6K +192 New
VCM
83
Versant Capital Management
Arizona
$1K -$227K -16,719 -99%
ML
84
McAdam LLC
Pennsylvania
$1K +$27 +2 +2%
SPIA
85
Steward Partners Investment Advisory
New York
$1K +$732 +54 New
WA
86
WESPAC Advisors
California
-$663K -48,562 Closed
Susquehanna International Group
87
Susquehanna International Group
Pennsylvania
-$554K -40,590 Closed
PAM
88
PVG Asset Management
Colorado
-$527K -38,600 Closed
RA
89
Rational Advisors
New York
-$527K -38,600 Closed
VF
90
Virtu Financial
New York
-$368K -26,935 Closed
CIBC World Market
91
CIBC World Market
Ontario, Canada
-$144K -10,519 Closed
Citadel Advisors
92
Citadel Advisors
Florida
-$142K -10,430 Closed
ICA
93
Infrastructure Capital Advisors
New York
-$138K -10,100 Closed
AIM
94
Assured Investment Management
New York
-$137K -10,054 Closed
Envestnet Asset Management
95
Envestnet Asset Management
Illinois
-$83K -6,061 Closed
Simplex Trading
96
Simplex Trading
Illinois
-$76.1K -5,617 Closed
Deutsche Bank
97
Deutsche Bank
Germany
-$74.5K -5,500 -100%
Manulife (Manufacturers Life Insurance)
98
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$54K -3,913 Closed
BCA
99
Bay Colony Advisors
Massachusetts
-$36K -2,661 Closed
CF
100
Centaurus Financial
California
-$7K -500 Closed

PFLT Hedge Fund Activity: Q3 2018 in Review

89 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2018, worth a combined $179M — up 3.6% from $173M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of PFLT and 14 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 26 added.

The largest buyer was LGT Capital Partners, adding an estimated $2.3M. The largest seller was WESPAC Advisors, exiting entirely with an estimated $663K sold.

  • 89 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2018, down from 96 in Q2 2018.
  • Funds reported $179M of PennantPark Floating Rate Capital stock for Q3 2018, up 3.6% quarter-over-quarter.
  • 14 funds opened new PennantPark Floating Rate Capital positions in Q3 2018 and 19 closed out, a net change of -5 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q3 2018 was LGT Capital Partners, an estimated $2.3M added.
  • The largest PennantPark Floating Rate Capital seller in Q3 2018 was WESPAC Advisors, an estimated $663K sold.

Based on aggregated 13F filings for Q3 2018.