Pennant Park Investment Corp
PNNT
120 hedge funds and large institutions have $141M invested in Pennant Park Investment Corp in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 20 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
2% more funds holding
Funds holding: 118 → 120 (+2)
1% less capital invested
Capital invested by funds: $143M → $141M (-$1.29M)
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
83% less call options, than puts
Call options by funds: $96K | Put options by funds: $576K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
+$3.41M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.96M |
| 3 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$970K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$603K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$548K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.03M |
| 2 |
MC
Muzinich & Co
New York
|
-$1.5M |
| 3 |
Two Sigma Investments
New York
|
-$1.23M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.14M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$1.05M |
PNNT Hedge Fund Activity: Q1 2016 in Review
120 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q1 2016, worth a combined $141M — down 0.9% from $143M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PNNT positions and 20 closed out — a net gain of 2 holders — while 36 added to existing stakes and 37 trimmed.
The largest buyer was Partners Capital Investment Group, opening a new position worth an estimated $3.41M. The largest seller was UBS Group, cutting an estimated $2.03M.
- 120 institutional investors held Pennant Park Investment Corp (PNNT) as of Q1 2016, up from 118 in Q4 2015.
- Funds reported $141M of Pennant Park Investment Corp stock for Q1 2016, down 0.9% quarter-over-quarter.
- 22 funds opened new Pennant Park Investment Corp positions in Q1 2016 and 20 closed out, a net change of +2 holders.
- The largest Pennant Park Investment Corp buyer in Q1 2016 was Partners Capital Investment Group, an estimated $3.41M added.
- The largest Pennant Park Investment Corp seller in Q1 2016 was UBS Group, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2016.