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PennantPark Floating Rate Capital

103 hedge funds and large institutions have $185M invested in PennantPark Floating Rate Capital in 2024 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 33 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,497% more call options, than puts

Call options by funds: $1.4M | Put options by funds: $39K

2% more capital invested

Capital invested by funds: $180M → $185M (+$4.16M)

0% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 33

2.65% less ownership

Funds ownership: 24.46%21.81% (-2.7%)

7% less funds holding

Funds holding: 111103 (-8)

26% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 23

Holders
103
Holders Change
-8
Holders Change %
-7.21%
% of All Funds
1.48%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
17
Increased
33
Reduced
33
Closed
23
Calls
$1.4M
Puts
$39K
Net Calls
+$1.36M
Net Calls Change
+$1.26M
Name Holding Trade Value Shares
Change
Change in
Stake
SIS
1
Sound Income Strategies
Florida
$34.3M +$3.48M +306,690 +12%
VanEck Associates
2
VanEck Associates
New York
$20.6M +$3.75M +330,731 +23%
AS
3
Altshuler Shaham
Israel
$18.2M
Two Sigma Investments
4
Two Sigma Investments
New York
$15.7M +$404K +35,572 +3%
Balyasny Asset Management
5
Balyasny Asset Management
Illinois
$11.1M +$3.19M +281,301 +42%
Two Sigma Advisers
6
Two Sigma Advisers
New York
$8.11M -$4.72M -415,478 -37%
Marshall Wace
7
Marshall Wace
United Kingdom
$7.15M +$6.62M +583,710 +1,696%
Legal & General Group
8
Legal & General Group
United Kingdom
$5.6M -$11.7K -1,027 -0.2%
TI
9
Trexquant Investment
Connecticut
$4.98M +$1.69M +149,261 +53%
LPL Financial
10
LPL Financial
California
$4.15M +$1.12M +99,041 +38%
Qube Research & Technologies (QRT)
11
Qube Research & Technologies (QRT)
United Kingdom
$4.02M -$582K -51,295 -13%
Millennium Management
12
Millennium Management
New York
$3.85M -$5.12M -451,235 -58%
NW
13
NewEdge Wealth
Pennsylvania
$3.32M -$197K -17,401 -6%
AAM
14
Advisors Asset Management
Colorado
$3.26M +$271K +23,836 +9%
UBS Group
15
UBS Group
Switzerland
$3.22M +$904K +79,644 +40%
Morgan Stanley
16
Morgan Stanley
New York
$3.16M -$405K -35,697 -12%
JP Morgan Chase
17
JP Morgan Chase
New York
$2.91M +$1.2M +105,855 +73%
BlackRock
18
BlackRock
New York
$2.75M +$354K +31,179 +15%
WS
19
Wedbush Securities
California
$1.4M +$545K +48,031 +66%
HighTower Advisors
20
HighTower Advisors
Illinois
$1.26M -$109K -9,561 -8%
PI
21
PFG Investments
New York
$1.22M +$2K +176 +0.2%
PA
22
PFG Advisors
Arizona
$1.21M +$352 +31 +0%
TI
23
Tidal Investments
Wisconsin
$1.17M +$79.1K +6,966 +7%
HF
24
HRT Financial
New York
$1.16M -$336K -29,628 -23%
Osaic Holdings
25
Osaic Holdings
Arizona
$1.05M +$489K +43,105 +90%

PFLT Hedge Fund Activity: Q3 2024 in Review

103 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in PennantPark Floating Rate Capital (PFLT) for Q3 2024, worth a combined $185M — up 2.3% from $180M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of PFLT and 17 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 33 added.

The largest buyer was Marshall Wace, adding an estimated $6.62M. The largest seller was Strategic Financial Concepts, cutting an estimated $7.23M.

  • 103 institutional investors held PennantPark Floating Rate Capital (PFLT) as of Q3 2024, down from 111 in Q2 2024.
  • Funds reported $185M of PennantPark Floating Rate Capital stock for Q3 2024, up 2.3% quarter-over-quarter.
  • 17 funds opened new PennantPark Floating Rate Capital positions in Q3 2024 and 23 closed out, a net change of -6 holders.
  • The largest PennantPark Floating Rate Capital buyer in Q3 2024 was Marshall Wace, an estimated $6.62M added.
  • The largest PennantPark Floating Rate Capital seller in Q3 2024 was Strategic Financial Concepts, an estimated $7.23M sold.

Based on aggregated 13F filings for Q3 2024.