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PNNT

Pennant Park Investment Corp

108 hedge funds and large institutions have $178M invested in Pennant Park Investment Corp in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 31 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 31

8% more capital invested

Capital invested by funds: $164M → $178M (+$13.5M)

1.55% more ownership

Funds ownership: 39.09%40.64% (+1.6%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 22

2% less funds holding

Funds holding: 110108 (-2)

99% less call options, than puts

Call options by funds: $3K | Put options by funds: $464K

Holders
108
Holders Change
-2
Holders Change %
-1.82%
% of All Funds
2.13%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
20
Increased
40
Reduced
31
Closed
22
Calls
$3K
Puts
$464K
Net Calls
-$461K
Net Calls Change
-$387K
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
26
Advisors Capital Management
New Jersey
$1.95M -$129K -20,686 -6%
MCM
27
McKinley Capital Management
Alaska
$1.83M -$5.04K -811 -0.3%
CC
28
Claybrook Capital
Massachusetts
$1.44M +$175K +28,122 +15%
JP Morgan Chase
29
JP Morgan Chase
New York
$1.31M -$9.94M -1,599,076 -89%
PPA
30
Parametric Portfolio Associates
Washington
$1.16M -$2.29K -368 -0.2%
Janney Montgomery Scott
31
Janney Montgomery Scott
Pennsylvania
$1.08M +$40.3K +6,476 +4%
AIMCA
32
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.06M
HighTower Advisors
33
HighTower Advisors
Illinois
$1.03M +$178K +28,630 +22%
Wells Fargo
34
Wells Fargo
California
$1.02M +$148K +23,824 +18%
SGI
35
Summit Global Investments
Utah
$981K +$87.8K +14,130 +10%
Aberdeen Group
36
Aberdeen Group
United Kingdom
$948K
Susquehanna International Group
37
Susquehanna International Group
Pennsylvania
$881K +$4.89K +786 +0.6%
LTFS
38
Ladenburg Thalmann Financial Services
Florida
$781K +$404K +64,970 +119%
AFM
39
Abbot Financial Management
Massachusetts
$775K -$55K -8,850 -7%
CCA
40
Catalyst Capital Advisors
New York
$762K
Bank of America
41
Bank of America
North Carolina
$743K +$245K +39,405 +53%
Marshall Wace
42
Marshall Wace
United Kingdom
$741K +$705K +113,397 New
SAM
43
Selway Asset Management
$740K
MWNA
44
Marshall Wace North America
New York
$690K +$657K +105,752 New
Deutsche Bank
45
Deutsche Bank
Germany
$689K
Citigroup
46
Citigroup
New York
$640K +$11.5K +1,858 +2%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$566K +$333K +53,600 +162%
GAMC
48
Garner Asset Management Corp
Texas
$554K -$3.69K -594 -0.7%
SCM
49
Sterneck Capital Management
Missouri
$497K +$28.3K +4,549 +6%
D.E. Shaw & Co
50
D.E. Shaw & Co
New York
$491K -$26.6K -4,272 -5%

PNNT Hedge Fund Activity: Q4 2019 in Review

108 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q4 2019, worth a combined $178M — up 8.2% from $164M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of PNNT and 20 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 40 added.

The largest buyer was Invesco, opening a new position worth an estimated $9.98M. The largest seller was JP Morgan Chase, cutting an estimated $9.94M.

  • 108 institutional investors held Pennant Park Investment Corp (PNNT) as of Q4 2019, down from 110 in Q3 2019.
  • Funds reported $178M of Pennant Park Investment Corp stock for Q4 2019, up 8.2% quarter-over-quarter.
  • 20 funds opened new Pennant Park Investment Corp positions in Q4 2019 and 22 closed out, a net change of -2 holders.
  • The largest Pennant Park Investment Corp buyer in Q4 2019 was Invesco, an estimated $9.98M added.
  • The largest Pennant Park Investment Corp seller in Q4 2019 was JP Morgan Chase, an estimated $9.94M sold.

Based on aggregated 13F filings for Q4 2019.