PennantPark Floating Rate Capital
PFLT
81 hedge funds and large institutions have $95.5M invested in PennantPark Floating Rate Capital in 2020 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 20 increasing their positions, 30 reducing their positions, and 12 closing their positions.
846% more call options, than puts
Call options by funds: $757K | Put options by funds: $80K
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
8% more funds holding
Funds holding: 75 → 81 (+6)
2% less capital invested
Capital invested by funds: $97.4M → $95.5M (-$1.96M)
6.34% less ownership
Funds ownership: 30.03% → 23.7% (-6.3%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
33% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$1.52M |
| 2 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$1.36M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.34M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
+$756K |
| 5 |
VanEck Associates
New York
|
+$739K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$15.8M |
| 2 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
-$4.18M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.04M |
| 4 |
WFI
West Family Investments
Carlsbad,
California
|
-$781K |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$631K |
PFLT Hedge Fund Activity: Q4 2020 in Review
81 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q4 2020, worth a combined $95.5M — down 2% from $97.4M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PFLT positions and 12 closed out — a net gain of 7 holders — while 20 added to existing stakes and 30 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $1.52M. The largest seller was Altshuler Shaham, exiting entirely with an estimated $15.8M sold.
- 81 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q4 2020, up from 75 in Q3 2020.
- Funds reported $95.5M of PennantPark Floating Rate Capital stock for Q4 2020, down 2% quarter-over-quarter.
- 19 funds opened new PennantPark Floating Rate Capital positions in Q4 2020 and 12 closed out, a net change of +7 holders.
- The largest PennantPark Floating Rate Capital buyer in Q4 2020 was Two Sigma Investments, an estimated $1.52M added.
- The largest PennantPark Floating Rate Capital seller in Q4 2020 was Altshuler Shaham, an estimated $15.8M sold.
Based on aggregated 13F filings for Q4 2020.