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PennantPark Floating Rate Capital

106 hedge funds and large institutions have $161M invested in PennantPark Floating Rate Capital in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more call options, than puts

Call options by funds: $745K | Put options by funds: $348K

44% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 25

28% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 18

6% more capital invested

Capital invested by funds: $152M → $161M (+$8.83M)

5% more funds holding

Funds holding: 101106 (+5)

1.63% more ownership

Funds ownership: 21.36%22.99% (+1.6%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
106
Holders Change
+5
Holders Change %
+4.95%
% of All Funds
1.53%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
23
Increased
36
Reduced
25
Closed
18
Calls
$745K
Puts
$348K
Net Calls
+$397K
Net Calls Change
-$130K
Name Holding Trade Value Shares
Change
Change in
Stake
SIS
1
Sound Income Strategies
Florida
$39.2M +$2.31M +200,250 +6%
AS
2
Altshuler Shaham
Israel
$19.2M
VanEck Associates
3
VanEck Associates
New York
$13.1M +$1.54M +133,600 +13%
Citadel Advisors
4
Citadel Advisors
Florida
$7.39M +$5.33M +462,485 +248%
Two Sigma Investments
5
Two Sigma Investments
New York
$6.97M -$2.43M -210,797 -26%
Two Sigma Advisers
6
Two Sigma Advisers
New York
$6.74M -$1.78M -154,100 -21%
Hudson Bay Capital Management
7
Hudson Bay Capital Management
Connecticut
$5.69M +$5.76M +500,000 New
Legal & General Group
8
Legal & General Group
United Kingdom
$5.18M
SM
9
Scoggin Management
New York
$4.66M +$4.72M +409,499 New
NW
10
NewEdge Wealth
Pennsylvania
$3.6M +$108K +9,392 +3%
Morgan Stanley
11
Morgan Stanley
New York
$3.38M -$2.57M -223,147 -43%
AAM
12
Advisors Asset Management
Colorado
$3.22M +$131K +11,387 +4%
PIWA
13
Prevail Innovative Wealth Advisors
Kansas
$2.57M +$204K +17,703 +8%
LPL Financial
14
LPL Financial
California
$2.53M +$1.18M +102,465 +85%
Qube Research & Technologies (QRT)
15
Qube Research & Technologies (QRT)
United Kingdom
$2.52M +$2.15M +186,902 +535%
BlackRock
16
BlackRock
New York
$2.35M -$73.6K -6,393 -3%
Millennium Management
17
Millennium Management
New York
$1.82M -$1.94M -168,573 -51%
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$1.4M +$4.61K +400 +0.3%
UBS Group
19
UBS Group
Switzerland
$1.38M -$330K -28,667 -19%
HighTower Advisors
20
HighTower Advisors
Illinois
$1.35M -$81.5K -7,072 -6%
TI
21
Trexquant Investment
Connecticut
$1.34M +$176K +15,285 +15%
PA
22
PFG Advisors
Arizona
$1.23M -$28.2K -2,450 -2%
PI
23
PFG Investments
New York
$1.16M +$1.17M +101,835 New
TI
24
Tidal Investments
Wisconsin
$977K +$54.1K +4,700 +6%
Osaic Holdings
25
Osaic Holdings
Arizona
$923K +$95.2K +8,268 +11%

PFLT Hedge Fund Activity: Q1 2024 in Review

106 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q1 2024, worth a combined $161M — up 5.8% from $152M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new PFLT positions and 18 closed out — a net gain of 5 holders — while 36 added to existing stakes and 25 trimmed.

The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $5.76M. The largest seller was Morgan Stanley, cutting an estimated $2.57M.

  • 106 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q1 2024, up from 101 in Q4 2023.
  • Funds reported $161M of PennantPark Floating Rate Capital stock for Q1 2024, up 5.8% quarter-over-quarter.
  • 23 funds opened new PennantPark Floating Rate Capital positions in Q1 2024 and 18 closed out, a net change of +5 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q1 2024 was Hudson Bay Capital Management, an estimated $5.76M added.
  • The largest PennantPark Floating Rate Capital seller in Q1 2024 was Morgan Stanley, an estimated $2.57M sold.

Based on aggregated 13F filings for Q1 2024.