PennantPark Floating Rate Capital
PFLT
53 hedge funds and large institutions have $51.3M invested in PennantPark Floating Rate Capital in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 19 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
2% less funds holding
Funds holding: 54 → 53 (-1)
10% less capital invested
Capital invested by funds: $57.3M → $51.3M (-$5.94M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$3.37M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.26M |
| 3 |
Two Sigma Investments
New York
|
+$911K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$877K |
| 5 |
Goldman Sachs
New York
|
+$700K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$5.74M |
| 2 |
Millennium Management
New York
|
-$2.88M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.38M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.03M |
| 5 |
Morgan Stanley
New York
|
-$1.41M |
PFLT Hedge Fund Activity: Q2 2014 in Review
53 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2014, worth a combined $51.3M — down 10% from $57.3M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PFLT and 18 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 16 added.
The largest buyer was UBS, adding an estimated $3.37M. The largest seller was BlackRock Fund Advisors, exiting entirely with an estimated $5.74M sold.
- 53 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2014, down from 54 in Q1 2014.
- Funds reported $51.3M of PennantPark Floating Rate Capital stock for Q2 2014, down 10% quarter-over-quarter.
- 18 funds opened new PennantPark Floating Rate Capital positions in Q2 2014 and 19 closed out, a net change of -1 holder.
- The largest PennantPark Floating Rate Capital buyer in Q2 2014 was UBS, an estimated $3.37M added.
- The largest PennantPark Floating Rate Capital seller in Q2 2014 was BlackRock Fund Advisors, an estimated $5.74M sold.
Based on aggregated 13F filings for Q2 2014.