Pennant Park Investment Corp
PNNT
91 hedge funds and large institutions have $147M invested in Pennant Park Investment Corp in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 32 reducing their positions, and 14 closing their positions.
1,740% more call options, than puts
Call options by funds: $644K | Put options by funds: $35K
22% more capital invested
Capital invested by funds: $120M → $147M (+$27M)
1.11% more ownership
Funds ownership: 31.8% → 32.9% (+1.1%)
2% less funds holding
Funds holding: 93 → 91 (-2)
13% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 32
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$3.85M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$3.26M |
| 3 |
Neuberger Berman Group
New York
|
+$2.44M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
+$1.97M |
| 5 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$4.34M |
| 2 |
VanEck Associates
New York
|
-$1.18M |
| 3 |
Morgan Stanley
New York
|
-$974K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$903K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$772K |
PNNT Hedge Fund Activity: Q2 2021 in Review
91 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q2 2021, worth a combined $147M — up 22% from $120M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PNNT and 12 opened new positions — a net loss of 2 holders — while 32 trimmed existing stakes and 28 added.
The largest buyer was Relative Value Partners Group, adding an estimated $3.85M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $4.34M.
- 91 institutional investors held Pennant Park Investment Corp (PNNT) as of Q2 2021, down from 93 in Q1 2021.
- Funds reported $147M of Pennant Park Investment Corp stock for Q2 2021, up 22% quarter-over-quarter.
- 12 funds opened new Pennant Park Investment Corp positions in Q2 2021 and 14 closed out, a net change of -2 holders.
- The largest Pennant Park Investment Corp buyer in Q2 2021 was Relative Value Partners Group, an estimated $3.85M added.
- The largest Pennant Park Investment Corp seller in Q2 2021 was ArrowMark Colorado Holdings, an estimated $4.34M sold.
Based on aggregated 13F filings for Q2 2021.