PennantPark Floating Rate Capital
PFLT
107 hedge funds and large institutions have $178M invested in PennantPark Floating Rate Capital in 2019 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
11% more funds holding
Funds holding: 96 → 107 (+11)
7% more capital invested
Capital invested by funds: $166M → $178M (+$12.4M)
0.79% more ownership
Funds ownership: 37.04% → 37.83% (+0.79%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.84M |
| 2 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$3.08M |
| 3 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
+$1.42M |
| 4 |
Two Sigma Advisers
New York
|
+$989K |
| 5 |
VanEck Associates
New York
|
+$987K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Polar Capital
London,
United Kingdom
|
-$3.4M |
| 2 |
RVPG
Relative Value Partners Group
|
-$2.27M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.38M |
| 4 |
MC
Muzinich & Co
New York
|
-$1.19M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$777K |
PFLT Hedge Fund Activity: Q4 2019 in Review
107 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q4 2019, worth a combined $178M — up 7.5% from $166M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PFLT positions and 11 closed out — a net gain of 11 holders — while 31 added to existing stakes and 33 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $3.84M. The largest seller was Polar Capital, cutting an estimated $3.4M.
- 107 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q4 2019, up from 96 in Q3 2019.
- Funds reported $178M of PennantPark Floating Rate Capital stock for Q4 2019, up 7.5% quarter-over-quarter.
- 22 funds opened new PennantPark Floating Rate Capital positions in Q4 2019 and 11 closed out, a net change of +11 holders.
- The largest PennantPark Floating Rate Capital buyer in Q4 2019 was Arrowstreet Capital, an estimated $3.84M added.
- The largest PennantPark Floating Rate Capital seller in Q4 2019 was Polar Capital, an estimated $3.4M sold.
Based on aggregated 13F filings for Q4 2019.