Pennant Park Investment Corp
PNNT
115 hedge funds and large institutions have $131M invested in Pennant Park Investment Corp in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 38 reducing their positions, and 12 closing their positions.
13,515% more call options, than puts
Call options by funds: $1.77M | Put options by funds: $13K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
8% more capital invested
Capital invested by funds: $120M → $131M (+$10.2M)
3% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 38
0.3% less ownership
Funds ownership: 26.82% → 26.52% (-0.3%)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
4% less funds holding
Funds holding: 120 → 115 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
+$2.9M |
| 2 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
+$1.72M |
| 3 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$1.7M |
| 4 |
BAMF
BI Asset Management Fondsmaeglerselskab
Kobenhavn,
Denmark
|
+$847K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$606K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$2.48M |
| 2 |
Morgan Stanley
New York
|
-$2.34M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
-$1.62M |
| 4 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
-$648K |
| 5 |
YIH
Y-Intercept (HK)
Hong Kong
|
-$560K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIA
126
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$2.47K | -359 | Closed |
|
127
Citadel Advisors
Miami,
Florida
| – | -$2.29K | -316 | Closed |
|
128
Simplex Trading
Chicago,
Illinois
| – | -$1.03K | -142 | Closed |
|
PNNT Hedge Fund Activity: Q2 2024 in Review
115 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q2 2024, worth a combined $131M — up 8.5% from $120M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PNNT and 11 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 39 added.
The largest buyer was Two Sigma Advisers, adding an estimated $2.9M. The largest seller was Confluence Investment Management, cutting an estimated $2.48M.
- 115 institutional investors held Pennant Park Investment Corp (PNNT) as of Q2 2024, down from 120 in Q1 2024.
- Funds reported $131M of Pennant Park Investment Corp stock for Q2 2024, up 8.5% quarter-over-quarter.
- 11 funds opened new Pennant Park Investment Corp positions in Q2 2024 and 12 closed out, a net change of -1 holder.
- The largest Pennant Park Investment Corp buyer in Q2 2024 was Two Sigma Advisers, an estimated $2.9M added.
- The largest Pennant Park Investment Corp seller in Q2 2024 was Confluence Investment Management, an estimated $2.48M sold.
Based on aggregated 13F filings for Q2 2024.