PennantPark Floating Rate Capital
PFLT
103 hedge funds and large institutions have $185M invested in PennantPark Floating Rate Capital in 2024 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 33 reducing their positions, and 23 closing their positions.
3,497% more call options, than puts
Call options by funds: $1.4M | Put options by funds: $39K
2% more capital invested
Capital invested by funds: $180M → $185M (+$4.16M)
0% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 33
2.65% less ownership
Funds ownership: 24.46% → 21.81% (-2.7%)
7% less funds holding
Funds holding: 111 → 103 (-8)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$6.62M |
| 2 |
VanEck Associates
New York
|
+$3.75M |
| 3 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$3.48M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.19M |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
-$7.23M |
| 2 |
Millennium Management
New York
|
-$5.12M |
| 3 |
Two Sigma Advisers
New York
|
-$4.72M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.49M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Fidelity Investments
Boston,
Massachusetts
| – | -$12 | -1 | Closed |
|
PFLT Hedge Fund Activity: Q3 2024 in Review
103 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2024, worth a combined $185M — up 2.3% from $180M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of PFLT and 17 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 33 added.
The largest buyer was Marshall Wace, adding an estimated $6.62M. The largest seller was Strategic Financial Concepts, cutting an estimated $7.23M.
- 103 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2024, down from 111 in Q2 2024.
- Funds reported $185M of PennantPark Floating Rate Capital stock for Q3 2024, up 2.3% quarter-over-quarter.
- 17 funds opened new PennantPark Floating Rate Capital positions in Q3 2024 and 23 closed out, a net change of -6 holders.
- The largest PennantPark Floating Rate Capital buyer in Q3 2024 was Marshall Wace, an estimated $6.62M added.
- The largest PennantPark Floating Rate Capital seller in Q3 2024 was Strategic Financial Concepts, an estimated $7.23M sold.
Based on aggregated 13F filings for Q3 2024.