PennantPark Floating Rate Capital
PFLT
73 hedge funds and large institutions have $89.9M invested in PennantPark Floating Rate Capital in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
9% more capital invested
Capital invested by funds: $82.3M → $89.9M (+$7.56M)
7% more funds holding
Funds holding: 68 → 73 (+5)
11% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 27
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Polar Capital
London,
United Kingdom
|
+$1.74M |
| 2 |
Morgan Stanley
New York
|
+$1.44M |
| 3 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$786K |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$753K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$511K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
GLG Partners
London,
United Kingdom
|
-$2.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.32M |
| 3 |
Two Sigma Investments
New York
|
-$746K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$458K |
| 5 |
UBS AM
Chicago,
Illinois
|
-$442K |
PFLT Hedge Fund Activity: Q1 2016 in Review
73 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q1 2016, worth a combined $89.9M — up 9.2% from $82.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PFLT positions and 4 closed out — a net gain of 5 holders — while 24 added to existing stakes and 27 trimmed.
The largest buyer was Polar Capital, adding an estimated $1.74M. The largest seller was GLG Partners, cutting an estimated $2.3M.
- 73 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q1 2016, up from 68 in Q4 2015.
- Funds reported $89.9M of PennantPark Floating Rate Capital stock for Q1 2016, up 9.2% quarter-over-quarter.
- 9 funds opened new PennantPark Floating Rate Capital positions in Q1 2016 and 4 closed out, a net change of +5 holders.
- The largest PennantPark Floating Rate Capital buyer in Q1 2016 was Polar Capital, an estimated $1.74M added.
- The largest PennantPark Floating Rate Capital seller in Q1 2016 was GLG Partners, an estimated $2.3M sold.
Based on aggregated 13F filings for Q1 2016.