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PennantPark Floating Rate Capital

97 hedge funds and large institutions have $107M invested in PennantPark Floating Rate Capital in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

118% more call options, than puts

Call options by funds: $1.08M | Put options by funds: $493K

78% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 9

9% more capital invested

Capital invested by funds: $98.1M → $107M (+$8.86M)

4% more funds holding

Funds holding: 9397 (+4)

0.22% more ownership

Funds ownership: 21.26%21.47% (+0.22%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 27

Holders
97
Holders Change
+4
Holders Change %
+4.3%
% of All Funds
1.56%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
26
Reduced
27
Closed
9
Calls
$1.08M
Puts
$493K
Net Calls
+$583K
Net Calls Change
-$181K
Name Holding Trade Value Shares
Change
Change in
Stake
SIS
1
Sound Income Strategies
Florida
$31.5M +$3.14M +286,593 +11%
AS
2
Altshuler Shaham
Israel
$20.2M -$570K -52,000 -3%
VanEck Associates
3
VanEck Associates
New York
$6.43M +$243K +22,166 +4%
BlackRock
4
BlackRock
New York
$4.06M +$108K +9,890 +3%
JMPWA
5
JP Morgan Private Wealth Advisors
California
$3.99M +$861K +78,546 +28%
AAM
6
Advisors Asset Management
Colorado
$3.39M +$485K +44,239 +17%
Legal & General Group
7
Legal & General Group
United Kingdom
$3.28M +$336K +30,632 +11%
Two Sigma Advisers
8
Two Sigma Advisers
New York
$3.02M -$1M -91,600 -25%
Morgan Stanley
9
Morgan Stanley
New York
$2.97M -$144K -13,165 -5%
Osaic Holdings
10
Osaic Holdings
Arizona
$2.34M +$14.1K +1,282 +0.6%
HWAM
11
Hennion & Walsh Asset Management
New Jersey
$2.31M -$73.6K -6,713 -3%
UBS Group
12
UBS Group
Switzerland
$1.72M +$214K +19,515 +14%
PA
13
PFG Advisors
Arizona
$1.5M -$41.7K -3,800 -3%
HighTower Advisors
14
HighTower Advisors
Illinois
$1.37M +$10.8K +984 +0.8%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$1.34M
MC
16
Muzinich & Co
New York
$1.26M
Sumitomo Mitsui Trust Group
17
Sumitomo Mitsui Trust Group
Japan
$1.26M
MCM
18
McKinley Capital Management
Alaska
$986K -$57K -5,200 -5%
Stifel Financial
19
Stifel Financial
Missouri
$856K +$4.28K +390 +0.5%
TI
20
Tidal Investments
Wisconsin
$709K +$39.3K +3,585 +6%
CL
21
CSS LLC
Illinois
$654K
Canada Life
22
Canada Life
Manitoba, Canada
$651K +$17.3K +1,582 +3%
WS
23
Wedbush Securities
California
$614K
LPL Financial
24
LPL Financial
California
$560K +$61.6K +5,623 +12%
WSTAM
25
Wilbanks Smith & Thomas Asset Management
Virginia
$549K +$548K +50,000 New

PFLT Hedge Fund Activity: Q4 2022 in Review

97 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q4 2022, worth a combined $107M — up 9% from $98.1M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new PFLT positions and 9 closed out — a net gain of 7 holders — while 26 added to existing stakes and 27 trimmed.

The largest buyer was Sound Income Strategies, adding an estimated $3.14M. The largest seller was Citadel Advisors, cutting an estimated $1.07M.

  • 97 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q4 2022, up from 93 in Q3 2022.
  • Funds reported $107M of PennantPark Floating Rate Capital stock for Q4 2022, up 9% quarter-over-quarter.
  • 16 funds opened new PennantPark Floating Rate Capital positions in Q4 2022 and 9 closed out, a net change of +7 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q4 2022 was Sound Income Strategies, an estimated $3.14M added.
  • The largest PennantPark Floating Rate Capital seller in Q4 2022 was Citadel Advisors, an estimated $1.07M sold.

Based on aggregated 13F filings for Q4 2022.