PennantPark Floating Rate Capital
PFLT
112 hedge funds and large institutions have $172M invested in PennantPark Floating Rate Capital in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 7 closing their positions.
286% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 7
214% more call options, than puts
Call options by funds: $1.36M | Put options by funds: $433K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
76% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 21
58% more capital invested
Capital invested by funds: $109M → $172M (+$63.1M)
22% more funds holding
Funds holding: 92 → 112 (+20)
11.84% more ownership
Funds ownership: 20.78% → 32.62% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.3M |
| 2 |
Two Sigma Investments
New York
|
+$9.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$6.89M |
| 4 |
Two Sigma Advisers
New York
|
+$6.63M |
| 5 |
Millennium Management
New York
|
+$5.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.18M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$751K |
| 3 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$483K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$436K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$289K |
PFLT Hedge Fund Activity: Q2 2023 in Review
112 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2023, worth a combined $172M — up 58% from $109M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PFLT positions and 7 closed out — a net gain of 20 holders — while 37 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.3M. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.18M sold.
- 112 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2023, up from 92 in Q1 2023.
- Funds reported $172M of PennantPark Floating Rate Capital stock for Q2 2023, up 58% quarter-over-quarter.
- 27 funds opened new PennantPark Floating Rate Capital positions in Q2 2023 and 7 closed out, a net change of +20 holders.
- The largest PennantPark Floating Rate Capital buyer in Q2 2023 was Morgan Stanley, an estimated $11.3M added.
- The largest PennantPark Floating Rate Capital seller in Q2 2023 was Goldman Sachs, an estimated $1.18M sold.
Based on aggregated 13F filings for Q2 2023.