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PNNT

Pennant Park Investment Corp

108 hedge funds and large institutions have $65.7M invested in Pennant Park Investment Corp in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 30 increasing their positions, 42 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

0% more funds holding

Funds holding: 108108 (0)

2.77% less ownership

Funds ownership: 40.64%37.87% (-2.8%)

29% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 42

63% less capital invested

Capital invested by funds: $178M → $65.7M (-$112M)

69% less call options, than puts

Call options by funds: $53K | Put options by funds: $172K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
108
Holders Change
Holders Change %
0%
% of All Funds
2.38%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
17
Increased
30
Reduced
42
Closed
14
Calls
$53K
Puts
$172K
Net Calls
-$119K
Net Calls Change
+$342K
Name Holding Trade Value Shares
Change
Change in
Stake
SOMRS
26
State of Michigan Retirement System
Michigan
$612K +$996K +180,000 +320%
WAM
27
Wolverine Asset Management
Illinois
$475K +$804K +145,382 +380%
AA
28
Ancora Advisors
Ohio
$453K +$617K +111,500 +176%
AIMCA
29
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$422K
Wells Fargo
30
Wells Fargo
California
$420K +$31.5K +5,698 +4%
Osaic Holdings
31
Osaic Holdings
Arizona
$409K +$873K +157,722 New
RCM
32
Radcliffe Capital Management
Pennsylvania
$397K +$849K +153,398 New
Mackenzie Financial
33
Mackenzie Financial
Ontario, Canada
$387K -$2.22M -400,495 -73%
Janney Montgomery Scott
34
Janney Montgomery Scott
Pennsylvania
$382K -$101K -18,312 -11%
MCM
35
McKinley Capital Management
Alaska
$374K -$748K -135,232 -48%
PPA
36
Parametric Portfolio Associates
Washington
$373K -$189K -34,215 -19%
GAMC
37
Garner Asset Management Corp
Texas
$345K +$267K +48,257 +57%
AFM
38
Abbot Financial Management
Massachusetts
$318K +$22.1K +4,000 +3%
S
39
SignatureFD
Georgia
$318K +$679K +122,747 New
CCA
40
Catalyst Capital Advisors
New York
$302K
Citadel Advisors
41
Citadel Advisors
Florida
$289K +$319K +57,614 +107%
CC
42
Claybrook Capital
Massachusetts
$286K -$609K -110,000 -50%
SAM
43
Selway Asset Management
$282K -$24.9K -4,500 -4%
Bank of America
44
Bank of America
North Carolina
$272K -$48.5K -8,775 -8%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$260K +$75.2K +13,600 +16%
Deutsche Bank
46
Deutsche Bank
Germany
$248K -$55.2K -9,983 -9%
POIA
47
Pin Oak Investment Advisors
Texas
$220K -$1.22M -219,990 -72%
SCM
48
Sterneck Capital Management
Missouri
$195K -$5.16K -933 -1%
M&T Bank
49
M&T Bank
New York
$178K +$85.2K +15,403 +29%
AIM
50
Aigen Investment Management
New York
$167K +$357K +64,452 New

PNNT Hedge Fund Activity: Q1 2020 in Review

108 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q1 2020, worth a combined $65.7M — down 63% from $178M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PNNT positions and 14 closed out — a net gain of 3 holders — while 30 added to existing stakes and 42 trimmed.

The largest buyer was Sumitomo Mitsui Trust Group, opening a new position worth an estimated $2.41M. The largest seller was Greenwich Investment Management, exiting entirely with an estimated $2.94M sold.

  • 108 institutional investors held Pennant Park Investment Corp (PNNT) as of Q1 2020, unchanged from Q4 2019.
  • Funds reported $65.7M of Pennant Park Investment Corp stock for Q1 2020, down 63% quarter-over-quarter.
  • 17 funds opened new Pennant Park Investment Corp positions in Q1 2020 and 14 closed out, a net change of +3 holders.
  • The largest Pennant Park Investment Corp buyer in Q1 2020 was Sumitomo Mitsui Trust Group, an estimated $2.41M added.
  • The largest Pennant Park Investment Corp seller in Q1 2020 was Greenwich Investment Management, an estimated $2.94M sold.

Based on aggregated 13F filings for Q1 2020.