Pennant Park Investment Corp
PNNT
113 hedge funds and large institutions have $182M invested in Pennant Park Investment Corp in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 33 reducing their positions, and 12 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 33
12% more capital invested
Capital invested by funds: $163M → $182M (+$19M)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
3% less funds holding
Funds holding: 116 → 113 (-3)
25% less call options, than puts
Call options by funds: $356K | Put options by funds: $473K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$8.19M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$3.89M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.74M |
| 4 |
MC
Muzinich & Co
New York
|
+$1.16M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$3.77M |
| 2 |
Morgan Stanley
New York
|
-$2.91M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.28M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$2.1M |
| 5 |
JP Morgan Chase
New York
|
-$1.49M |
PNNT Hedge Fund Activity: Q3 2016 in Review
113 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q3 2016, worth a combined $182M — up 12% from $163M a quarter earlier.
Fund positioning in PNNT was balanced in Q3 2016: 12 funds opened new positions, 12 closed out, 39 added to existing stakes and 33 trimmed.
The largest buyer was Burgundy Asset Management, adding an estimated $8.19M. The largest seller was Delphi Financial Group, cutting an estimated $3.77M.
- 113 institutional investors held Pennant Park Investment Corp (PNNT) as of Q3 2016, down from 116 in Q2 2016.
- Funds reported $182M of Pennant Park Investment Corp stock for Q3 2016, up 12% quarter-over-quarter.
- 12 funds opened new Pennant Park Investment Corp positions in Q3 2016 and 12 closed out, a net change of 0 holders.
- The largest Pennant Park Investment Corp buyer in Q3 2016 was Burgundy Asset Management, an estimated $8.19M added.
- The largest Pennant Park Investment Corp seller in Q3 2016 was Delphi Financial Group, an estimated $3.77M sold.
Based on aggregated 13F filings for Q3 2016.