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PennantPark Floating Rate Capital

84 hedge funds and large institutions have $92.5M invested in PennantPark Floating Rate Capital in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,448% more call options, than puts

Call options by funds: $26.6M | Put options by funds: $751K

31% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 13

25% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 20

5% more funds holding

Funds holding: 8084 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5.34% less ownership

Funds ownership: 23.95%18.61% (-5.3%)

23% less capital invested

Capital invested by funds: $120M → $92.5M (-$27M)

Holders
84
Holders Change
+4
Holders Change %
+5%
% of All Funds
1.29%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
25
Reduced
20
Closed
13
Calls
$26.6M
Puts
$751K
Net Calls
+$25.9M
Net Calls Change
+$25.6M
Name Holding Trade Value Shares
Change
Change in
Stake
SIS
1
Sound Income Strategies
Florida
$30.2M +$785K +59,715 +3%
VanEck Associates
2
VanEck Associates
New York
$7.58M +$584K +44,469 +8%
BlackRock
3
BlackRock
New York
$3.78M +$322K +24,493 +9%
JMPWA
4
JP Morgan Private Wealth Advisors
California
$3.65M -$81.5K -6,203 -2%
Two Sigma Advisers
5
Two Sigma Advisers
New York
$3.62M -$833K -63,400 -18%
HWAM
6
Hennion & Walsh Asset Management
New Jersey
$3.35M +$305K +23,223 +10%
Osaic Holdings
7
Osaic Holdings
Arizona
$3.19M -$45K -3,422 -1%
Legal & General Group
8
Legal & General Group
United Kingdom
$2.85M -$99.5K -7,571 -3%
AAM
9
Advisors Asset Management
Colorado
$2.66M +$304K +23,170 +13%
Two Sigma Investments
10
Two Sigma Investments
New York
$2.49M -$1.53M -116,508 -37%
Morgan Stanley
11
Morgan Stanley
New York
$2.23M +$211K +16,059 +10%
MAWAG
12
Mid-American Wealth Advisory Group
Missouri
$1.95M +$2.01M +152,616 New
PA
13
PFG Advisors
Arizona
$1.88M -$64.4K -4,901 -3%
Sumitomo Mitsui Trust Group
14
Sumitomo Mitsui Trust Group
Japan
$1.84M
MC
15
Muzinich & Co
New York
$1.84M
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$1.56M
HighTower Advisors
17
HighTower Advisors
Illinois
$1.49M +$179K +13,593 +13%
Mackenzie Financial
18
Mackenzie Financial
Ontario, Canada
$1.25M +$2.96K +225 +0.2%
MCM
19
McKinley Capital Management
Alaska
$1.24M -$11.2K -853 -0.9%
Stifel Financial
20
Stifel Financial
Missouri
$1.08M +$62.8K +4,781 +6%
AWM
21
AE Wealth Management
Kansas
$819K -$38.9K -2,958 -4%
CL
22
CSS LLC
Illinois
$761K
WS
23
Wedbush Securities
California
$674K +$133K +10,154 +24%
Invesco
24
Invesco
Georgia
$673K +$692K +52,664 New
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$657K +$76.6K +5,832 +13%

PFLT Hedge Fund Activity: Q4 2021 in Review

84 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q4 2021, worth a combined $92.5M — down 23% from $120M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PFLT positions and 13 closed out — a net gain of 4 holders — while 25 added to existing stakes and 20 trimmed.

The largest buyer was Sound Income Strategies, adding an estimated $785K. The largest seller was Altshuler Shaham, exiting entirely with an estimated $24.8M sold.

  • 84 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q4 2021, up from 80 in Q3 2021.
  • Funds reported $92.5M of PennantPark Floating Rate Capital stock for Q4 2021, down 23% quarter-over-quarter.
  • 17 funds opened new PennantPark Floating Rate Capital positions in Q4 2021 and 13 closed out, a net change of +4 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q4 2021 was Sound Income Strategies, an estimated $785K added.
  • The largest PennantPark Floating Rate Capital seller in Q4 2021 was Altshuler Shaham, an estimated $24.8M sold.

Based on aggregated 13F filings for Q4 2021.