PennantPark Floating Rate Capital
PFLT
89 hedge funds and large institutions have $179M invested in PennantPark Floating Rate Capital in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 19 closing their positions.
4% more capital invested
Capital invested by funds: $173M → $179M (+$6.2M)
0.16% more ownership
Funds ownership: 34.72% → 34.89% (+0.16%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 96 → 89 (-7)
10% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 29
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
Top Buyers
| 1 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
+$2.3M |
| 2 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$1.59M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$574K |
| 4 |
VanEck Associates
New York
|
+$396K |
| 5 |
D.E. Shaw & Co
New York
|
+$336K |
Top Sellers
PFLT Hedge Fund Activity: Q3 2018 in Review
89 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2018, worth a combined $179M — up 3.6% from $173M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PFLT and 14 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 26 added.
The largest buyer was LGT Capital Partners, adding an estimated $2.3M. The largest seller was WESPAC Advisors, exiting entirely with an estimated $663K sold.
- 89 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2018, down from 96 in Q2 2018.
- Funds reported $179M of PennantPark Floating Rate Capital stock for Q3 2018, up 3.6% quarter-over-quarter.
- 14 funds opened new PennantPark Floating Rate Capital positions in Q3 2018 and 19 closed out, a net change of -5 holders.
- The largest PennantPark Floating Rate Capital buyer in Q3 2018 was LGT Capital Partners, an estimated $2.3M added.
- The largest PennantPark Floating Rate Capital seller in Q3 2018 was WESPAC Advisors, an estimated $663K sold.
Based on aggregated 13F filings for Q3 2018.