PennantPark Floating Rate Capital
PFLT
111 hedge funds and large institutions have $180M invested in PennantPark Floating Rate Capital in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 23 reducing their positions, and 13 closing their positions.
327% more call options, than puts
Call options by funds: $141K | Put options by funds: $33K
109% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 23
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
12% more capital invested
Capital invested by funds: $161M → $180M (+$19.6M)
5% more funds holding
Funds holding: 106 → 111 (+5)
1.47% more ownership
Funds ownership: 22.99% → 24.46% (+1.5%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$8.02M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.68M |
| 3 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$7.29M |
| 4 |
Millennium Management
New York
|
+$7.09M |
| 5 |
Two Sigma Advisers
New York
|
+$5.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
-$8.97M |
| 2 |
SM
Scoggin Management
New York
|
-$4.66M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.97M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.5M |
| 5 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
-$2.57M |
PFLT Hedge Fund Activity: Q2 2024 in Review
111 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q2 2024, worth a combined $180M — up 12% from $161M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PFLT positions and 13 closed out — a net gain of 7 holders — while 48 added to existing stakes and 23 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $8.02M. The largest seller was Sound Income Strategies, cutting an estimated $8.97M.
- 111 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q2 2024, up from 106 in Q1 2024.
- Funds reported $180M of PennantPark Floating Rate Capital stock for Q2 2024, up 12% quarter-over-quarter.
- 20 funds opened new PennantPark Floating Rate Capital positions in Q2 2024 and 13 closed out, a net change of +7 holders.
- The largest PennantPark Floating Rate Capital buyer in Q2 2024 was Two Sigma Investments, an estimated $8.02M added.
- The largest PennantPark Floating Rate Capital seller in Q2 2024 was Sound Income Strategies, an estimated $8.97M sold.
Based on aggregated 13F filings for Q2 2024.