PennantPark Floating Rate Capital
PFLT
101 hedge funds and large institutions have $149M invested in PennantPark Floating Rate Capital in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 38 reducing their positions, and 22 closing their positions.
273% more call options, than puts
Call options by funds: $720K | Put options by funds: $193K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
6% more capital invested
Capital invested by funds: $140M → $149M (+$8.93M)
1.42% less ownership
Funds ownership: 22.33% → 20.91% (-1.4%)
8% less funds holding
Funds holding: 110 → 101 (-9)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
37% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
+$3.38M |
| 2 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$1.29M |
| 3 |
Millennium Management
New York
|
+$1.22M |
| 4 |
VanEck Associates
New York
|
+$1.17M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$1.73M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.52M |
| 3 |
Two Sigma Investments
New York
|
-$1.44M |
| 4 |
Morgan Stanley
New York
|
-$1.12M |
| 5 |
Goldman Sachs
New York
|
-$1.08M |
PFLT Hedge Fund Activity: Q4 2023 in Review
101 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q4 2023, worth a combined $149M — up 6.4% from $140M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PFLT and 15 opened new positions — a net loss of 7 holders — while 38 trimmed existing stakes and 24 added.
The largest buyer was NewEdge Wealth, opening a new position worth an estimated $3.38M. The largest seller was Marshall Wace, exiting entirely with an estimated $1.73M sold.
- 101 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q4 2023, down from 110 in Q3 2023.
- Funds reported $149M of PennantPark Floating Rate Capital stock for Q4 2023, up 6.4% quarter-over-quarter.
- 15 funds opened new PennantPark Floating Rate Capital positions in Q4 2023 and 22 closed out, a net change of -7 holders.
- The largest PennantPark Floating Rate Capital buyer in Q4 2023 was NewEdge Wealth, an estimated $3.38M added.
- The largest PennantPark Floating Rate Capital seller in Q4 2023 was Marshall Wace, an estimated $1.73M sold.
Based on aggregated 13F filings for Q4 2023.