Pennant Park Investment Corp
PNNT
124 hedge funds and large institutions have $221M invested in Pennant Park Investment Corp in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 42 increasing their positions, 45 reducing their positions, and 16 closing their positions.
0.37% more ownership
Funds ownership: 42.25% → 42.62% (+0.37%)
2% less capital invested
Capital invested by funds: $224M → $221M (-$3.4M)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
7% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 45
2% less funds holding
Funds holding: 126 → 124 (-2)
12% less call options, than puts
Call options by funds: $255K | Put options by funds: $289K
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$2.98M |
| 2 |
Millennium Management
New York
|
+$2.69M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$2.66M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.9M |
| 5 |
RVPG
Relative Value Partners Group
|
+$1.7M |
Top Sellers
PNNT Hedge Fund Activity: Q3 2017 in Review
124 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q3 2017, worth a combined $221M — down 1.5% from $224M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PNNT and 15 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 42 added.
The largest buyer was Ares Management, adding an estimated $2.98M. The largest seller was Delphi Financial Group, exiting entirely with an estimated $6.7M sold.
- 124 institutional investors held Pennant Park Investment Corp (PNNT) as of Q3 2017, down from 126 in Q2 2017.
- Funds reported $221M of Pennant Park Investment Corp stock for Q3 2017, down 1.5% quarter-over-quarter.
- 15 funds opened new Pennant Park Investment Corp positions in Q3 2017 and 16 closed out, a net change of -1 holder.
- The largest Pennant Park Investment Corp buyer in Q3 2017 was Ares Management, an estimated $2.98M added.
- The largest Pennant Park Investment Corp seller in Q3 2017 was Delphi Financial Group, an estimated $6.7M sold.
Based on aggregated 13F filings for Q3 2017.