PennantPark Floating Rate Capital
PFLT
75 hedge funds and large institutions have $97.4M invested in PennantPark Floating Rate Capital in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 15 closing their positions.
7,670% more call options, than puts
Call options by funds: $777K | Put options by funds: $10K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.31% less ownership
Funds ownership: 32.34% → 30.03% (-2.3%)
7% less capital invested
Capital invested by funds: $105M → $97.4M (-$7.6M)
11% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 27
12% less funds holding
Funds holding: 85 → 75 (-10)
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$518K |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$410K |
| 3 |
POIA
Pin Oak Investment Advisors
Houston,
Texas
|
+$367K |
| 4 |
LPL Financial
San Diego,
California
|
+$244K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
-$3.36M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$958K |
| 3 |
WFI
West Family Investments
Carlsbad,
California
|
-$949K |
| 4 |
MC
Muzinich & Co
New York
|
-$936K |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$936K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CANY
76
Caxton Associates (New York)
New York
| – | -$137K | -16,368 | Closed |
|
|
SPC
77
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$128K | -15,203 | Closed |
|
|
PP
78
Paloma Partners
Greenwich,
Connecticut
| – | -$113K | -13,407 | Closed |
|
|
ICA
79
Infrastructure Capital Advisors
New York
| – | -$104K | -12,414 | Closed |
|
80
Envestnet Asset Management
Chicago,
Illinois
| – | -$93K | -11,079 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$92K | -10,958 | Closed |
|
82
Russell Investments Group
London,
United Kingdom
| – | -$88K | -10,514 | Closed |
|
|
CAN
83
Cetera Advisor Networks
El Segundo,
California
| – | -$67K | -7,936 | Closed |
|
|
PAG
84
Private Advisor Group
Morristown,
New Jersey
| – | -$42K | -5,059 | Closed |
|
|
EWM
85
Edge Wealth Management
New York
| – | -$11K | -1,350 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$10K | -1,210 | Closed |
|
|
KPW
87
Kore Private Wealth
New York
| – | -$2K | -320 | Closed |
|
PFLT Hedge Fund Activity: Q3 2020 in Review
75 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2020, worth a combined $97.4M — down 7.2% from $105M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PFLT and 5 opened new positions — a net loss of 10 holders — while 27 trimmed existing stakes and 24 added.
The largest buyer was BlackRock, adding an estimated $518K. The largest seller was LGT Capital Partners, cutting an estimated $3.36M.
- 75 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2020, down from 85 in Q2 2020.
- Funds reported $97.4M of PennantPark Floating Rate Capital stock for Q3 2020, down 7.2% quarter-over-quarter.
- 5 funds opened new PennantPark Floating Rate Capital positions in Q3 2020 and 15 closed out, a net change of -10 holders.
- The largest PennantPark Floating Rate Capital buyer in Q3 2020 was BlackRock, an estimated $518K added.
- The largest PennantPark Floating Rate Capital seller in Q3 2020 was LGT Capital Partners, an estimated $3.36M sold.
Based on aggregated 13F filings for Q3 2020.