PennantPark Floating Rate Capital
PFLT
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, 37 increasing their positions, 24 reducing their positions, and 18 closing their positions.
114% more call options, than puts
Call options by funds: $745K | Put options by funds: $348K
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
8% more capital invested
Capital invested by funds: $149M → $161M (+$12M)
5% more funds holding
Funds holding: 101 → 106 (+5)
2.08% more ownership
Funds ownership: 20.91% → 22.99% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$5.76M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.33M |
| 3 |
SM
Scoggin Management
New York
|
+$4.72M |
| 4 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$2.31M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$2.43M |
| 2 |
Millennium Management
New York
|
-$1.94M |
| 3 |
Two Sigma Advisers
New York
|
-$1.78M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$1.16M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$667K |
PFLT Hedge Fund Activity: Q1 2024 in Review
106 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q1 2024, worth a combined $161M — up 8.1% from $149M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PFLT positions and 18 closed out — a net gain of 5 holders — while 37 added to existing stakes and 24 trimmed.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $5.76M. The largest seller was Two Sigma Investments, cutting an estimated $2.43M.
- 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 8.1% 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 Two Sigma Investments, an estimated $2.43M sold.
Based on aggregated 13F filings for Q1 2024.