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PennantPark Floating Rate Capital

106 hedge funds and large institutions have $161M invested in PennantPark Floating Rate Capital in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more call options, than puts

Call options by funds: $745K | Put options by funds: $348K

44% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 25

28% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 18

6% more capital invested

Capital invested by funds: $152M → $161M (+$8.83M)

5% more funds holding

Funds holding: 101106 (+5)

1.63% more ownership

Funds ownership: 21.36%22.99% (+1.6%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
106
Holders Change
+5
Holders Change %
+4.95%
% of All Funds
1.53%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
23
Increased
36
Reduced
25
Closed
18
Calls
$745K
Puts
$348K
Net Calls
+$397K
Net Calls Change
-$130K
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
76
Raymond James Financial Services Advisors
Florida
$137K -$43.7K -3,795 -24%
WA
77
Wambolt & Associates
Colorado
$132K -$71.6K -6,214 -34%
SWA
78
Strategies Wealth Advisors
Michigan
$128K +$3.34K +290 +3%
Envestnet Asset Management
79
Envestnet Asset Management
Illinois
$128K +$3.67K +319 +3%
LA
80
Latitude Advisors
Florida
$124K +$2.18K +189 +2%
Northern Trust
81
Northern Trust
Illinois
$114K -$4.1K -356 -3%
GC
82
Gratus Capital
Georgia
$114K
SMA
83
Sage Mountain Advisors
Georgia
$114K
WSTAM
84
Wilbanks Smith & Thomas Asset Management
Virginia
$114K
Wells Fargo
85
Wells Fargo
California
$104K +$22.5K +1,951 +27%
SS
86
Sunbelt Securities
Texas
$102K -$4.03K -350 -4%
Bank of America
87
Bank of America
North Carolina
$99.4K +$35.7K +3,100 +55%
US Bancorp
88
US Bancorp
Minnesota
$96.1K
CAM
89
Creekmur Asset Management
Illinois
$66.6K -$52K -4,516 -44%
Comerica Bank
90
Comerica Bank
Texas
$65.4K
TRCT
91
Tower Research Capital (TRC)
New York
$63.4K +$63.7K +5,526 +12,851%
NA
92
NewEdge Advisors
Louisiana
$53.6K
CIBC Private Wealth Group
93
CIBC Private Wealth Group
Georgia
$44.8K +$46.1K +4,000 New
GRP
94
Global Retirement Partners
California
$37.1K +$19.5K +1,691 +108%
PTC
95
Private Trust Company
Ohio
$28.8K
EC
96
EntryPoint Capital
New York
$14.5K +$14.7K +1,275 New
DAM
97
Delta Asset Management
Tennessee
$10.7K
BCMLT
98
Beacon Capital Management LLC (Tennessee)
Tennessee
$8.6K -$11.3K -981 -56%
TAM
99
Tucker Asset Management
Colorado
$6.08K
HCP
100
Hexagon Capital Partners
Arkansas
$2.85K

PFLT Hedge Fund Activity: Q1 2024 in Review

106 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q1 2024, worth a combined $161M — up 5.8% from $152M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new PFLT positions and 18 closed out — a net gain of 5 holders — while 36 added to existing stakes and 25 trimmed.

The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $5.76M. The largest seller was Morgan Stanley, cutting an estimated $2.57M.

  • 106 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q1 2024, up from 101 in Q4 2023.
  • Funds reported $161M of PennantPark Floating Rate Capital stock for Q1 2024, up 5.8% quarter-over-quarter.
  • 23 funds opened new PennantPark Floating Rate Capital positions in Q1 2024 and 18 closed out, a net change of +5 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q1 2024 was Hudson Bay Capital Management, an estimated $5.76M added.
  • The largest PennantPark Floating Rate Capital seller in Q1 2024 was Morgan Stanley, an estimated $2.57M sold.

Based on aggregated 13F filings for Q1 2024.