Pennant Park Investment Corp
PNNT
108 hedge funds and large institutions have $178M invested in Pennant Park Investment Corp in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 31 reducing their positions, and 22 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 31
8% more capital invested
Capital invested by funds: $164M → $178M (+$13.5M)
1.55% more ownership
Funds ownership: 39.09% → 40.64% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2% less funds holding
Funds holding: 110 → 108 (-2)
99% less call options, than puts
Call options by funds: $3K | Put options by funds: $464K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$9.98M |
| 2 |
Goldman Sachs
New York
|
+$2.16M |
| 3 |
ClearBridge Investments
New York
|
+$2.03M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$1.97M |
| 5 |
Two Sigma Investments
New York
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$9.94M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$4.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.08M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$767K |
| 5 |
MC
Muzinich & Co
New York
|
-$710K |
PNNT Hedge Fund Activity: Q4 2019 in Review
108 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q4 2019, worth a combined $178M — up 8.2% from $164M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PNNT and 20 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 40 added.
The largest buyer was Invesco, opening a new position worth an estimated $9.98M. The largest seller was JP Morgan Chase, cutting an estimated $9.94M.
- 108 institutional investors held Pennant Park Investment Corp (PNNT) as of Q4 2019, down from 110 in Q3 2019.
- Funds reported $178M of Pennant Park Investment Corp stock for Q4 2019, up 8.2% quarter-over-quarter.
- 20 funds opened new Pennant Park Investment Corp positions in Q4 2019 and 22 closed out, a net change of -2 holders.
- The largest Pennant Park Investment Corp buyer in Q4 2019 was Invesco, an estimated $9.98M added.
- The largest Pennant Park Investment Corp seller in Q4 2019 was JP Morgan Chase, an estimated $9.94M sold.
Based on aggregated 13F filings for Q4 2019.