Pennant Park Investment Corp
PNNT
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.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
4% more funds holding
Funds holding: 128 → 133 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
+$2.14M |
| 2 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$2.14M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.79M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.49M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.76M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.44M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.3M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$1.27M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$1.26M |
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.