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PennantPark Floating Rate Capital

68 hedge funds and large institutions have $82.3M invested in PennantPark Floating Rate Capital in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $78.1M → $82.3M (+$4.25M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 12

1% less funds holding

Funds holding: 6968 (-1)

30% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 27

Holders
68
Holders Change
-1
Holders Change %
-1.45%
% of All Funds
1.78%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
19
Reduced
27
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAIM
1
Punch & Associates Investment Management
Minnesota
$7.4M +$1.6M +136,770 +26%
AAM
2
Advisors Asset Management
Colorado
$7.38M -$553K -47,217 -7%
Morgan Stanley
3
Morgan Stanley
New York
$6.75M +$1.97M +168,041 +39%
LCP
4
LGT Capital Partners
Switzerland
$5.57M +$5.79M +495,000 New
UBS Group
5
UBS Group
Switzerland
$5.09M -$514K -43,907 -9%
CS
6
Credit Suisse
Switzerland
$3.73M -$1.88M -160,882 -33%
GP
7
GLG Partners
United Kingdom
$3.73M -$1.68M -143,800 -30%
PC
8
Polar Capital
United Kingdom
$3.55M +$3.7M +315,900 New
WFI
9
West Family Investments
California
$2.96M +$997K +85,200 +48%
Janney Montgomery Scott
10
Janney Montgomery Scott
Pennsylvania
$2.27M -$260K -22,202 -10%
UBS AM
11
UBS AM
Illinois
$1.99M -$119K -10,183 -5%
PRCP
12
Pacific Ridge Capital Partners
Oregon
$1.96M +$87.5K +7,478 +4%
BRF
13
B. Riley Financial
California
$1.92M +$1.99M +170,360 New
CAS
14
Cue Advisory Services
Arizona
$1.82M -$177K -15,146 -9%
YCM
15
Yakira Capital Management
Connecticut
$1.62M
MC
16
Muzinich & Co
New York
$1.6M +$48.4K +4,137 +3%
BG
17
BlackRock Group
United Kingdom
$1.32M -$86K -7,352 -6%
RVPG
18
Relative Value Partners Group
$1.24M +$42.4K +3,623 +3%
VanEck Associates
19
VanEck Associates
New York
$1.23M -$72.9K -6,228 -5%
TFCM
20
Taylor Frigon Capital Management
Arizona
$1.2M +$186K +15,914 +17%
CL
21
CSS LLC
Illinois
$1.15M
Two Sigma Investments
22
Two Sigma Investments
New York
$1.14M -$439K -37,512 -27%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$1.07M +$276K +23,574 +33%
HighTower Advisors
24
HighTower Advisors
Illinois
$1.05M +$23.6K +2,015 +2%
Two Sigma Advisers
25
Two Sigma Advisers
New York
$1.02M -$325K -27,808 -24%

PFLT Hedge Fund Activity: Q4 2015 in Review

68 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q4 2015, worth a combined $82.3M — up 5.4% from $78.1M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PFLT and 11 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 19 added.

The largest buyer was LGT Capital Partners, opening a new position worth an estimated $5.79M. The largest seller was Credit Suisse, cutting an estimated $1.88M.

  • 68 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q4 2015, down from 69 in Q3 2015.
  • Funds reported $82.3M of PennantPark Floating Rate Capital stock for Q4 2015, up 5.4% quarter-over-quarter.
  • 11 funds opened new PennantPark Floating Rate Capital positions in Q4 2015 and 12 closed out, a net change of -1 holder.
  • The largest PennantPark Floating Rate Capital buyer in Q4 2015 was LGT Capital Partners, an estimated $5.79M added.
  • The largest PennantPark Floating Rate Capital seller in Q4 2015 was Credit Suisse, an estimated $1.88M sold.

Based on aggregated 13F filings for Q4 2015.