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PennantPark Floating Rate Capital

111 hedge funds and large institutions have $180M invested in PennantPark Floating Rate Capital in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 23 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

327% more call options, than puts

Call options by funds: $141K | Put options by funds: $33K

109% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 23

54% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 13

12% more capital invested

Capital invested by funds: $161M → $180M (+$19.6M)

5% more funds holding

Funds holding: 106111 (+5)

1.47% more ownership

Funds ownership: 22.99%24.46% (+1.5%)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
111
Holders Change
+5
Holders Change %
+4.72%
% of All Funds
1.6%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
20
Increased
48
Reduced
23
Closed
13
Calls
$141K
Puts
$33K
Net Calls
+$108K
Net Calls Change
-$289K
Name Holding Trade Value Shares
Change
Change in
Stake
TFA
76
Teamwork Financial Advisors
Texas
$130K -$44.8K -3,945 -26%
CWP
77
Cyndeo Wealth Partners
Florida
$127K +$125K +10,989 New
WA
78
Wambolt & Associates
Colorado
$117K -$18.4K -1,624 -14%
CCG
79
Catalina Capital Group
California
$117K +$115K +10,150 New
GC
80
Gratus Capital
Georgia
$115K
SMA
81
Sage Mountain Advisors
Georgia
$115K
CA
82
Clearstead Advisors
Ohio
$115K +$113K +10,000 New
BNP Paribas Financial Markets
83
BNP Paribas Financial Markets
France
$110K +$107K +9,393 +8,779%
SS
84
Sunbelt Securities
Texas
$99.5K -$3.4K -300 -3%
US Bancorp
85
US Bancorp
Minnesota
$97.5K
Simplex Trading
86
Simplex Trading
Illinois
$84K -$90K -7,929 -52%
IA
87
IFP Advisors
Florida
$75K +$73.8K +6,500 New
Comerica Bank
88
Comerica Bank
Texas
$66.3K
UB
89
UMB Bank
Missouri
$62.6K +$61.5K +5,423 New
SFC
90
Strategic Financial Concepts
Texas
$62.2K +$7.29M +642,706 +1,152%
CIBC Private Wealth Group
91
CIBC Private Wealth Group
Georgia
$59.5K +$11.3K +1,000 +25%
NA
92
NewEdge Advisors
Louisiana
$54.4K
IAIM
93
International Assets Investment Management
Florida
$41.3K +$40.6K +3,580 New
QL
94
Quarry LP
New York
$33.7K +$33.1K +2,920 New
PTC
95
Private Trust Company
Ohio
$29.2K
DAM
96
Delta Asset Management
Tennessee
$10.9K
BCMLT
97
Beacon Capital Management LLC (Tennessee)
Tennessee
$8.72K
TAM
98
Tucker Asset Management
Colorado
$6.16K
CAM
99
Creekmur Asset Management
Illinois
$4.52K -$62K -5,463 -93%
CC
100
Cypress Capital
Tennessee
$3.68K +$3.62K +319 New

PFLT Hedge Fund Activity: Q2 2024 in Review

111 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2024, worth a combined $180M — up 12% from $161M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new PFLT positions and 13 closed out — a net gain of 7 holders — while 48 added to existing stakes and 23 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $8.02M. The largest seller was Sound Income Strategies, cutting an estimated $8.97M.

  • 111 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2024, up from 106 in Q1 2024.
  • Funds reported $180M of PennantPark Floating Rate Capital stock for Q2 2024, up 12% quarter-over-quarter.
  • 20 funds opened new PennantPark Floating Rate Capital positions in Q2 2024 and 13 closed out, a net change of +7 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q2 2024 was Two Sigma Investments, an estimated $8.02M added.
  • The largest PennantPark Floating Rate Capital seller in Q2 2024 was Sound Income Strategies, an estimated $8.97M sold.

Based on aggregated 13F filings for Q2 2024.