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PennantPark Floating Rate Capital

88 hedge funds and large institutions have $112M invested in PennantPark Floating Rate Capital in 2022 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,871% more call options, than puts

Call options by funds: $27.8M | Put options by funds: $699K

67% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 12

44% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 18

21% more capital invested

Capital invested by funds: $92.5M → $112M (+$19.5M)

5% more funds holding

Funds holding: 8488 (+4)

2.86% more ownership

Funds ownership: 18.61%21.47% (+2.9%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
88
Holders Change
+4
Holders Change %
+4.76%
% of All Funds
1.39%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
20
Increased
26
Reduced
18
Closed
12
Calls
$27.8M
Puts
$699K
Net Calls
+$27.1M
Net Calls Change
+$1.17M
Name Holding Trade Value Shares
Change
Change in
Stake
SIS
1
Sound Income Strategies
Florida
$32.2M +$218K +16,652 +0.7%
VanEck Associates
2
VanEck Associates
New York
$12.3M +$4.17M +318,567 +54%
Two Sigma Investments
3
Two Sigma Investments
New York
$6.45M +$3.7M +282,660 +145%
Two Sigma Advisers
4
Two Sigma Advisers
New York
$5.79M +$1.89M +144,900 +51%
Morgan Stanley
5
Morgan Stanley
New York
$4.38M +$1.96M +150,194 +86%
JMPWA
6
JP Morgan Private Wealth Advisors
California
$3.87M
HWAM
7
Hennion & Walsh Asset Management
New Jersey
$3.37M -$170K -13,004 -5%
BlackRock
8
BlackRock
New York
$3.19M -$785K -59,998 -20%
AAM
9
Advisors Asset Management
Colorado
$3.17M +$340K +25,963 +12%
Osaic Holdings
10
Osaic Holdings
Arizona
$3.17M -$208K -15,889 -6%
Legal & General Group
11
Legal & General Group
United Kingdom
$2.89M -$131K -10,026 -4%
PA
12
PFG Advisors
Arizona
$1.91M -$76.1K -5,820 -4%
HighTower Advisors
13
HighTower Advisors
Illinois
$1.65M +$72.1K +5,513 +5%
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$1.65M
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$1.57M +$1.52M +116,412 New
Sumitomo Mitsui Trust Group
16
Sumitomo Mitsui Trust Group
Japan
$1.55M -$392K -29,983 -21%
Millennium Management
17
Millennium Management
New York
$1.42M +$1.37M +105,032 New
Mackenzie Financial
18
Mackenzie Financial
Ontario, Canada
$1.32M +$863 +66 +0.1%
MCM
19
McKinley Capital Management
Alaska
$1.32M +$1.75K +134 +0.1%
Marshall Wace
20
Marshall Wace
United Kingdom
$1.24M +$1.2M +91,552 New
Stifel Financial
21
Stifel Financial
Missouri
$1.09M -$50.6K -3,869 -5%
SCA
22
Snowden Capital Advisors
New York
$1M +$582K +44,500 +150%
MAWAG
23
Mid-American Wealth Advisory Group
Missouri
$1M -$1.03M -78,553 -51%
Citadel Advisors
24
Citadel Advisors
Florida
$969K +$938K +71,746 New
AWM
25
AE Wealth Management
Kansas
$837K -$28.5K -2,176 -3%

PFLT Hedge Fund Activity: Q1 2022 in Review

88 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q1 2022, worth a combined $112M — up 21% from $92.5M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new PFLT positions and 12 closed out — a net gain of 8 holders — while 26 added to existing stakes and 18 trimmed.

The largest buyer was VanEck Associates, adding an estimated $4.17M. The largest seller was Mid-American Wealth Advisory Group, cutting an estimated $1.03M.

  • 88 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q1 2022, up from 84 in Q4 2021.
  • Funds reported $112M of PennantPark Floating Rate Capital stock for Q1 2022, up 21% quarter-over-quarter.
  • 20 funds opened new PennantPark Floating Rate Capital positions in Q1 2022 and 12 closed out, a net change of +8 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q1 2022 was VanEck Associates, an estimated $4.17M added.
  • The largest PennantPark Floating Rate Capital seller in Q1 2022 was Mid-American Wealth Advisory Group, an estimated $1.03M sold.

Based on aggregated 13F filings for Q1 2022.