Pennant Park Investment Corp
PNNT
118 hedge funds and large institutions have $144M invested in Pennant Park Investment Corp in 2015 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 32 increasing their positions, 39 reducing their positions, and 29 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 126 → 118 (-8)
10% less capital invested
Capital invested by funds: $160M → $144M (-$15.8M)
18% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 39
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$6.02M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$4.78M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.07M |
| 4 |
Morgan Stanley
New York
|
+$2.01M |
| 5 |
AssetMark Inc
Concord,
California
|
+$977K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$7.14M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.85M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.31M |
| 4 |
Millennium Management
New York
|
-$2.54M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.19M |
PNNT Hedge Fund Activity: Q4 2015 in Review
118 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q4 2015, worth a combined $144M — down 9.9% from $160M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PNNT and 23 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 32 added.
The largest buyer was Invesco, adding an estimated $6.02M. The largest seller was PVG Asset Management, exiting entirely with an estimated $7.14M sold.
- 118 institutional investors held Pennant Park Investment Corp (PNNT) as of Q4 2015, down from 126 in Q3 2015.
- Funds reported $144M of Pennant Park Investment Corp stock for Q4 2015, down 9.9% quarter-over-quarter.
- 23 funds opened new Pennant Park Investment Corp positions in Q4 2015 and 29 closed out, a net change of -6 holders.
- The largest Pennant Park Investment Corp buyer in Q4 2015 was Invesco, an estimated $6.02M added.
- The largest Pennant Park Investment Corp seller in Q4 2015 was PVG Asset Management, an estimated $7.14M sold.
Based on aggregated 13F filings for Q4 2015.