Pennant Park Investment Corp
PNNT
139 hedge funds and large institutions have $274M invested in Pennant Park Investment Corp in 2014 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 46 increasing their positions, 42 reducing their positions, and 14 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
9% more funds holding
Funds holding: 128 → 139 (+11)
10% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 42
1% more capital invested
Capital invested by funds: $272M → $274M (+$2.62M)
6% less call options, than puts
Call options by funds: $87K | Put options by funds: $93K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$4.56M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.42M |
| 3 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
+$2.84M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.31M |
| 5 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$5.69M |
| 2 |
Goldman Sachs
New York
|
-$2.42M |
| 3 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$1.45M |
| 4 |
JP Morgan Chase
New York
|
-$1.34M |
| 5 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
-$951K |
PNNT Hedge Fund Activity: Q4 2014 in Review
139 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q4 2014, worth a combined $274M — up 0.96% from $272M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new PNNT positions and 14 closed out — a net gain of 12 holders — while 46 added to existing stakes and 42 trimmed.
The largest buyer was Russell Frank Company, opening a new position worth an estimated $4.56M. The largest seller was Two Sigma Advisers, cutting an estimated $5.69M.
- 139 institutional investors held Pennant Park Investment Corp (PNNT) as of Q4 2014, up from 128 in Q3 2014.
- Funds reported $274M of Pennant Park Investment Corp stock for Q4 2014, up 0.96% quarter-over-quarter.
- 26 funds opened new Pennant Park Investment Corp positions in Q4 2014 and 14 closed out, a net change of +12 holders.
- The largest Pennant Park Investment Corp buyer in Q4 2014 was Russell Frank Company, an estimated $4.56M added.
- The largest Pennant Park Investment Corp seller in Q4 2014 was Two Sigma Advisers, an estimated $5.69M sold.
Based on aggregated 13F filings for Q4 2014.