PennantPark Floating Rate Capital
PFLT
69 hedge funds and large institutions have $80.8M invested in PennantPark Floating Rate Capital in 2015 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 28 increasing their positions, 4 reducing their positions, and 6 closing their positions.
30,200% more call options, than puts
Call options by funds: $303K | Put options by funds: $1K
600% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 4
433% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 6
73% more capital invested
Capital invested by funds: $46.7M → $80.8M (+$34.1M)
60% more funds holding
Funds holding: 43 → 69 (+26)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$6.78M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.42M |
| 3 |
GP
GLG Partners
London,
United Kingdom
|
+$6.19M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIC
JRM Investment Counsel
Omaha,
Nebraska
|
-$1.46M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.32M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$275K |
| 4 |
Goldman Sachs
New York
|
-$161K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$161K |
PFLT Hedge Fund Activity: Q3 2015 in Review
69 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2015, worth a combined $80.8M — up 73% from $46.7M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PFLT positions and 6 closed out — a net gain of 26 holders — while 28 added to existing stakes and 4 trimmed.
The largest buyer was Punch & Associates Investment Management, opening a new position worth an estimated $6.78M. The largest seller was JRM Investment Counsel, exiting entirely with an estimated $1.46M sold.
- 69 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2015, up from 43 in Q2 2015.
- Funds reported $80.8M of PennantPark Floating Rate Capital stock for Q3 2015, up 73% quarter-over-quarter.
- 32 funds opened new PennantPark Floating Rate Capital positions in Q3 2015 and 6 closed out, a net change of +26 holders.
- The largest PennantPark Floating Rate Capital buyer in Q3 2015 was Punch & Associates Investment Management, an estimated $6.78M added.
- The largest PennantPark Floating Rate Capital seller in Q3 2015 was JRM Investment Counsel, an estimated $1.46M sold.
Based on aggregated 13F filings for Q3 2015.