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PNNT

Pennant Park Investment Corp

133 hedge funds and large institutions have $339M invested in Pennant Park Investment Corp in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 40 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

4% more funds holding

Funds holding: 128133 (+5)

8% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 40

4% more capital invested

Capital invested by funds: $328M → $339M (+$11.9M)

58% less call options, than puts

Call options by funds: $169K | Put options by funds: $400K

Holders
133
Holders Change
+5
Holders Change %
+3.91%
% of All Funds
3.86%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
43
Reduced
40
Closed
12
Calls
$169K
Puts
$400K
Net Calls
-$231K
Net Calls Change
-$144K
Name Holding Trade Value Shares
Change
Change in
Stake
SG Americas Securities
76
SG Americas Securities
New York
$433K -$94.6K -8,247 -18%
Royal Bank of Canada
77
Royal Bank of Canada
Ontario, Canada
$426K +$190K +16,563 +82%
Neuberger Berman Group
78
Neuberger Berman Group
New York
$417K +$166K +14,450 +67%
AL
79
Airain Ltd
Guernsey
$410K +$270K +23,558 +200%
OIA
80
Optimum Investment Advisors
Illinois
$405K
VOYA Investment Management
81
VOYA Investment Management
Georgia
$403K
BP
82
BBR Partners
New York
$398K
Acadian Asset Management
83
Acadian Asset Management
Massachusetts
$384K
CPS
84
Counsel Portfolio Services
Ontario, Canada
$384K
BA
85
BlackRock Advisors
Delaware
$384K +$26K +2,265 +7%
Bank of America
86
Bank of America
North Carolina
$352K -$215K -18,712 -38%
PAG
87
Private Advisor Group
New Jersey
$344K +$340K +29,669 New
PCM
88
Parsons Capital Management
Rhode Island
$339K
GCM
89
Glaxis Capital Management
Florida
$316K -$96.8K -8,440 -23%
WRM
90
Westport Resources Management
Connecticut
$310K
SO
91
STRS Ohio
Ohio
$295K -$53.9K -4,700 -16%
Grantham, Mayo, Van Otterloo & Co (GMO)
92
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$280K
GMIM
93
General Motors Investment Management
New York
$276K +$273K +23,800 New
US Bancorp
94
US Bancorp
Minnesota
$262K +$20K +1,740 +8%
HIMCH
95
Hartford Investment Management Co (HIMCO)
Connecticut
$259K +$256K +22,300 New
FIM
96
Freedom Investment Management
Connecticut
$244K +$29K +2,529 +14%
FCI
97
Financial Counselors Inc
Kansas
$220K
RJA
98
Raymond James & Associates
Florida
$209K +$207K +18,041 New
Principal Financial Group
99
Principal Financial Group
Iowa
$205K -$3.75K -327 -2%
Susquehanna International Group
100
Susquehanna International Group
Pennsylvania
$192K -$515K -44,924 -73%

PNNT Hedge Fund Activity: Q4 2013 in Review

133 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q4 2013, worth a combined $339M — up 3.6% from $328M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new PNNT positions and 12 closed out — a net gain of 6 holders — while 43 added to existing stakes and 40 trimmed.

The largest buyer was Advisory Research, opening a new position worth an estimated $2.14M. The largest seller was Kennedy Capital Management, cutting an estimated $1.76M.

  • 133 institutional investors held Pennant Park Investment Corp (PNNT) as of Q4 2013, up from 128 in Q3 2013.
  • Funds reported $339M of Pennant Park Investment Corp stock for Q4 2013, up 3.6% quarter-over-quarter.
  • 18 funds opened new Pennant Park Investment Corp positions in Q4 2013 and 12 closed out, a net change of +6 holders.
  • The largest Pennant Park Investment Corp buyer in Q4 2013 was Advisory Research, an estimated $2.14M added.
  • The largest Pennant Park Investment Corp seller in Q4 2013 was Kennedy Capital Management, an estimated $1.76M sold.

Based on aggregated 13F filings for Q4 2013.