Pennant Park Investment Corp
PNNT
89 hedge funds and large institutions have $145M invested in Pennant Park Investment Corp in 2021 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 29 reducing their positions, and 10 closing their positions.
552% more call options, than puts
Call options by funds: $945K | Put options by funds: $145K
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
7% more capital invested
Capital invested by funds: $135M → $145M (+$9.47M)
2% more funds holding
Funds holding: 87 → 89 (+2)
0.07% more ownership
Funds ownership: 31.09% → 31.16% (+0.07%)
14% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 29
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$3.68M |
| 2 |
RVPG
Relative Value Partners Group
|
+$1.24M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$679K |
| 4 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$650K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$534K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.59M |
| 2 |
TPMI
Tilden Park Management I
New York
|
-$1.31M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$936K |
| 4 |
Two Sigma Investments
New York
|
-$862K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$521K |
PNNT Hedge Fund Activity: Q4 2021 in Review
89 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q4 2021, worth a combined $145M — up 7% from $135M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PNNT positions and 10 closed out — a net gain of 2 holders — while 25 added to existing stakes and 29 trimmed.
The largest buyer was Ares Management, adding an estimated $3.68M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $3.59M sold.
- 89 institutional investors held Pennant Park Investment Corp (PNNT) as of Q4 2021, up from 87 in Q3 2021.
- Funds reported $145M of Pennant Park Investment Corp stock for Q4 2021, up 7% quarter-over-quarter.
- 12 funds opened new Pennant Park Investment Corp positions in Q4 2021 and 10 closed out, a net change of +2 holders.
- The largest Pennant Park Investment Corp buyer in Q4 2021 was Ares Management, an estimated $3.68M added.
- The largest Pennant Park Investment Corp seller in Q4 2021 was Arrowstreet Capital, an estimated $3.59M sold.
Based on aggregated 13F filings for Q4 2021.