Pennant Park Investment Corp
PNNT
124 hedge funds and large institutions have $131M invested in Pennant Park Investment Corp in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 28 reducing their positions, and 10 closing their positions.
2,219% more call options, than puts
Call options by funds: $626K | Put options by funds: $27K
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
61% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 28
8% more funds holding
Funds holding: 115 → 124 (+9)
6% more capital invested
Capital invested by funds: $123M → $131M (+$7.47M)
1.62% less ownership
Funds ownership: 32.04% → 30.42% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$1.91M |
| 2 |
Two Sigma Investments
New York
|
+$1.66M |
| 3 |
Two Sigma Advisers
New York
|
+$1.39M |
| 4 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
+$1.27M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$951K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$6.91M |
| 2 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$6.14M |
| 3 |
Millennium Management
New York
|
-$1.43M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$648K |
| 5 |
AGM
Alpine Global Management
New York
|
-$640K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$496K | -83,341 | Closed |
|
|
WS
127
Wedbush Securities
Los Angeles,
California
| – | -$238K | -40,395 | Closed |
|
|
SWM
128
Stockman Wealth Management
Billings,
Montana
| – | -$198K | -33,650 | Closed |
|
129
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$178K | -27,502 | Closed |
|
|
PAG
130
Private Advisor Group
Morristown,
New Jersey
| – | -$69.3K | -11,772 | Closed |
|
|
RI
131
Ridgewood Investments
Springfield,
New Jersey
| – | -$5.89K | -1,000 | Closed |
|
132
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -400 | Closed |
|
|
WAM
133
Worth Asset Management
Dallas,
Texas
| – | -$1.77K | -300 | Closed |
|
134
Group One Trading
Chicago,
Illinois
| – | -$1.23K | -189 | Closed |
|
PNNT Hedge Fund Activity: Q3 2023 in Review
124 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q3 2023, worth a combined $131M — up 6.1% from $123M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PNNT positions and 10 closed out — a net gain of 10 holders — while 45 added to existing stakes and 28 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $1.91M. The largest seller was Ares Management, cutting an estimated $6.91M.
- 124 institutional investors held Pennant Park Investment Corp (PNNT) as of Q3 2023, up from 115 in Q2 2023.
- Funds reported $131M of Pennant Park Investment Corp stock for Q3 2023, up 6.1% quarter-over-quarter.
- 20 funds opened new Pennant Park Investment Corp positions in Q3 2023 and 10 closed out, a net change of +10 holders.
- The largest Pennant Park Investment Corp buyer in Q3 2023 was LSV Asset Management, an estimated $1.91M added.
- The largest Pennant Park Investment Corp seller in Q3 2023 was Ares Management, an estimated $6.91M sold.
Based on aggregated 13F filings for Q3 2023.