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PNNT

Pennant Park Investment Corp
PNNT

93 hedge funds and large institutions have $120M invested in Pennant Park Investment Corp in 2021 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 20 increasing their positions, 34 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 10

44% more capital invested

Capital invested by funds: $83.5M → $120M (+$36.9M)

11% more funds holding

Funds holding: 84 → 93 (+9)

4.12% more ownership

Funds ownership: 27.67% → 31.8% (+4.1%)

41% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 34

42% less call options, than puts

Call options by funds: $412K | Put options by funds: $716K

Holders
93
Holders Change
+9
Holders Change %
+10.71%
% of All Funds
1.63%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
19
Increased
20
Reduced
34
Closed
10
Calls
$412K
Puts
$716K
Net Calls
-$304K
Net Calls Change
+$234K

Top Buyers

Rank Fund Capital Flow
1
AM
Ares Management
California
+$14.2M
2
PI
Putnam Investments
Massachusetts
+$2.92M
3
CCM
Callodine Capital Management
Massachusetts
+$1.38M
4
VanEck Associates
VanEck Associates
New York
+$1.02M
5
Two Sigma Investments
Two Sigma Investments
New York
+$1.01M

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$2.09M
2
MCA
Mendon Capital Advisors
Florida
-$1.64M
3
HF
HRT Financial
New York
-$1.01M
4
BlackRock
BlackRock
New York
-$455K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$408K
Name Holding Trade Value Shares
Change 		Change in
Stake
M&T Bank
51
M&T Bank
New York
$210K – – –
TCA
52
Transcend Capital Advisors
New Jersey
$176K – – –
Envestnet Asset Management
53
Envestnet Asset Management
Illinois
$168K -$121K -22,186 -43%
Cambridge Investment Research Advisors
54
Cambridge Investment Research Advisors
Iowa
$157K +$152K +27,706 New
BI
55
Bulldog Investors
New Jersey
$156K +$151K +27,600 New
PP
56
Paloma Partners
Connecticut
$155K +$3.88K +710 +3%
Bank of America
57
Bank of America
North Carolina
$154K -$142K -25,923 -49%
LPL Financial
58
LPL Financial
California
$150K +$27K +4,935 +23%
Cetera Investment Advisers
59
Cetera Investment Advisers
Illinois
$124K +$10.1K +1,851 +9%
Canada Life
60
Canada Life
Manitoba, Canada
$115K -$52K -9,500 -32%
KA
61
Kovack Advisors
Florida
$114K +$110K +20,200 New
EWM
62
Edge Wealth Management
New York
$113K – – –
MIC
63
Meridian Investment Counsel
California
$113K – – –
CAM
64
Cubic Asset Management
Massachusetts
$109K – – –
Jane Street
65
Jane Street
New York
$109K +$105K +19,276 New
QC
66
Quadrature Capital
United Kingdom
$105K -$142K -26,026 -58%
Baird Financial Group
67
Baird Financial Group
Wisconsin
$95K -$4.38K -800 -5%
APWA
68
Atlas Private Wealth Advisors
New Jersey
$93K -$2.19K -400 -2%
Cerity Partners
69
Cerity Partners
New York
$88K -$4.7K -860 -5%
TI
70
Trexquant Investment
Connecticut
$82K +$79.3K +14,507 New
QCIG
71
Quad-Cities Investment Group
Iowa
$81K +$1.96K +358 +3%
JF
72
Jump Financial
Illinois
$81K +$78.8K +14,400 New
IFG
73
Independent Financial Group
California
$68K -$2.89K -528 -4%
WAM
74
Wolverine Asset Management
Illinois
$65K -$8.37K -1,530 -12%
Simplex Trading
75
Simplex Trading
Illinois
$64K +$62K +11,333 New
1 2
3
4 5

PNNT Hedge Fund Activity: Q1 2021 in Review

93 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q1 2021, worth a combined $120M — up 44% from $83.5M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new PNNT positions and 10 closed out — a net gain of 9 holders — while 20 added to existing stakes and 34 trimmed.

The largest buyer was Ares Management, adding an estimated $14.2M. The largest seller was Millennium Management, cutting an estimated $2.09M.

  • 93 institutional investors held Pennant Park Investment Corp (PNNT) as of Q1 2021, up from 84 in Q4 2020.
  • Funds reported $120M of Pennant Park Investment Corp stock for Q1 2021, up 44% quarter-over-quarter.
  • 19 funds opened new Pennant Park Investment Corp positions in Q1 2021 and 10 closed out, a net change of +9 holders.
  • The largest Pennant Park Investment Corp buyer in Q1 2021 was Ares Management, an estimated $14.2M added.
  • The largest Pennant Park Investment Corp seller in Q1 2021 was Millennium Management, an estimated $2.09M sold.

Based on aggregated 13F filings for Q1 2021.