PennantPark Floating Rate Capital
PFLT
82 hedge funds and large institutions have $148M invested in PennantPark Floating Rate Capital in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
6% more funds holding
Funds holding: 77 → 82 (+5)
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.12% less ownership
Funds ownership: 35.59% → 32.46% (-3.1%)
6% less capital invested
Capital invested by funds: $157M → $148M (-$8.96M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.75M |
| 2 |
VanEck Associates
New York
|
+$1.08M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$884K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$785K |
| 5 |
MC
Muzinich & Co
New York
|
+$706K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IP
Ironsides Partners
Boston,
Massachusetts
|
-$3.49M |
| 2 |
Two Sigma Investments
New York
|
-$3.23M |
| 3 |
Two Sigma Advisers
New York
|
-$2.5M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.92M |
| 5 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$1.07M |
PFLT Hedge Fund Activity: Q2 2017 in Review
82 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2017, worth a combined $148M — down 5.7% from $157M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PFLT positions and 8 closed out — a net gain of 5 holders — while 29 added to existing stakes and 28 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $1.75M. The largest seller was Ironsides Partners, cutting an estimated $3.49M.
- 82 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2017, up from 77 in Q1 2017.
- Funds reported $148M of PennantPark Floating Rate Capital stock for Q2 2017, down 5.7% quarter-over-quarter.
- 13 funds opened new PennantPark Floating Rate Capital positions in Q2 2017 and 8 closed out, a net change of +5 holders.
- The largest PennantPark Floating Rate Capital buyer in Q2 2017 was Arrowstreet Capital, an estimated $1.75M added.
- The largest PennantPark Floating Rate Capital seller in Q2 2017 was Ironsides Partners, an estimated $3.49M sold.
Based on aggregated 13F filings for Q2 2017.