Pennant Park Investment Corp
PNNT
125 hedge funds and large institutions have $247M invested in Pennant Park Investment Corp in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 13 closing their positions.
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
37% more call options, than puts
Call options by funds: $111K | Put options by funds: $81K
12% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 33
11% more capital invested
Capital invested by funds: $224M → $247M (+$23.7M)
7% more funds holding
Funds holding: 117 → 125 (+8)
1.66% more ownership
Funds ownership: 41.12% → 42.78% (+1.7%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$11.7M |
| 2 |
MC
Muzinich & Co
New York
|
+$7.08M |
| 3 |
BlackRock
New York
|
+$4.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.71M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$2.14M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
126
Dynamic Technology Lab
Singapore
| – | -$1.63M | -212,954 | Closed |
|
|
TAM
127
Trust Asset Management
Houston,
Texas
| – | -$1.04M | -135,388 | Closed |
|
|
HNB
128
Huntington National Bank
Columbus,
Ohio
| – | -$638K | -83,199 | Closed |
|
|
RSA
129
Robertson Stephens Advisors
San Francisco,
California
| – | -$350K | -44,115 | Closed |
|
|
TI
130
Trexquant Investment
Stamford,
Connecticut
| – | -$334K | -43,651 | Closed |
|
|
AL
131
Airain Ltd
St. Peter Port,
Guernsey
| – | -$167K | -21,770 | Closed |
|
|
TSS
132
Two Sigma Securities
New York
| – | -$137K | -17,893 | Closed |
|
|
GH
133
GAM Holding
Zurich,
Switzerland
| – | -$115K | -15,041 | Closed |
|
|
HI
134
HBK Investments
Dallas,
Texas
| – | -$88K | -11,521 | Closed |
|
|
RJFSA
135
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$81K | -10,585 | Closed |
|
|
TRCT
136
Tower Research Capital (TRC)
New York
| – | -$10K | -1,246 | Closed |
|
137
Simplex Trading
Chicago,
Illinois
| – | -$89 | -11 | Closed |
|
PNNT Hedge Fund Activity: Q1 2017 in Review
125 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q1 2017, worth a combined $247M — up 11% from $224M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PNNT positions and 13 closed out — a net gain of 10 holders — while 37 added to existing stakes and 33 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $11.7M. The largest seller was Ironsides Partners, cutting an estimated $8.04M.
- 125 institutional investors held Pennant Park Investment Corp (PNNT) as of Q1 2017, up from 117 in Q4 2016.
- Funds reported $247M of Pennant Park Investment Corp stock for Q1 2017, up 11% quarter-over-quarter.
- 23 funds opened new Pennant Park Investment Corp positions in Q1 2017 and 13 closed out, a net change of +10 holders.
- The largest Pennant Park Investment Corp buyer in Q1 2017 was LSV Asset Management, an estimated $11.7M added.
- The largest Pennant Park Investment Corp seller in Q1 2017 was Ironsides Partners, an estimated $8.04M sold.
Based on aggregated 13F filings for Q1 2017.