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PNNT

Pennant Park Investment Corp

108 hedge funds and large institutions have $65.7M invested in Pennant Park Investment Corp in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 30 increasing their positions, 42 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

0% more funds holding

Funds holding: 108108 (0)

2.77% less ownership

Funds ownership: 40.64%37.87% (-2.8%)

29% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 42

63% less capital invested

Capital invested by funds: $178M → $65.7M (-$112M)

69% less call options, than puts

Call options by funds: $53K | Put options by funds: $172K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
108
Holders Change
Holders Change %
0%
% of All Funds
2.38%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
17
Increased
30
Reduced
42
Closed
14
Calls
$53K
Puts
$172K
Net Calls
-$119K
Net Calls Change
+$342K
Name Holding Trade Value Shares
Change
Change in
Stake
ACH
1
ArrowMark Colorado Holdings
Colorado
$6.64M +$1.14M +205,238 +9%
LSV Asset Management
2
LSV Asset Management
Illinois
$6.42M -$1.04M -188,171 -7%
ClearBridge Investments
3
ClearBridge Investments
New York
$4.49M -$71.5K -12,925 -0.7%
Invesco
4
Invesco
Georgia
$4.17M +$28K +5,062 +0.3%
Arrowstreet Capital
5
Arrowstreet Capital
Massachusetts
$3.54M -$837K -151,253 -10%
WFI
6
West Family Investments
California
$2.94M +$459K +83,000 +8%
Millennium Management
7
Millennium Management
New York
$2.46M +$1.95M +352,407 +59%
Morgan Stanley
8
Morgan Stanley
New York
$2.4M +$877K +158,587 +21%
KCM
9
Kennedy Capital Management
Missouri
$2.38M -$1.16M -209,336 -19%
CIM
10
Confluence Investment Management
Missouri
$2.33M -$64.7K -11,687 -1%
VanEck Associates
11
VanEck Associates
New York
$2.13M +$399K +72,137 +10%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$1.73M
Two Sigma Advisers
13
Two Sigma Advisers
New York
$1.59M -$3.32K -600 -0.1%
VEA
14
Virtus ETF Advisers
New York
$1.52M -$2.04M -367,946 -39%
BRWM
15
B. Riley Wealth Management
Tennessee
$1.21M -$67.7K -12,245 -3%
Sumitomo Mitsui Trust Group
16
Sumitomo Mitsui Trust Group
Japan
$1.13M +$2.41M +435,879 New
MC
17
Muzinich & Co
New York
$1.13M -$335K -60,516 -12%
Two Sigma Investments
18
Two Sigma Investments
New York
$1.04M -$2M -360,900 -47%
Legal & General Group
19
Legal & General Group
United Kingdom
$1M +$110K +19,805 +5%
ACM
20
Advisors Capital Management
New Jersey
$959K +$398K +71,945 +24%
BlackRock
21
BlackRock
New York
$923K -$80.7K -14,583 -4%
AAM
22
Advisors Asset Management
Colorado
$879K -$470K -85,039 -20%
JP Morgan Chase
23
JP Morgan Chase
New York
$660K +$297K +53,654 +27%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$654K +$650K +117,534 +87%
RA
25
Resource America
New York
$648K +$1.38M +250,000 New

PNNT Hedge Fund Activity: Q1 2020 in Review

108 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q1 2020, worth a combined $65.7M — down 63% from $178M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PNNT positions and 14 closed out — a net gain of 3 holders — while 30 added to existing stakes and 42 trimmed.

The largest buyer was Sumitomo Mitsui Trust Group, opening a new position worth an estimated $2.41M. The largest seller was Greenwich Investment Management, exiting entirely with an estimated $2.94M sold.

  • 108 institutional investors held Pennant Park Investment Corp (PNNT) as of Q1 2020, unchanged from Q4 2019.
  • Funds reported $65.7M of Pennant Park Investment Corp stock for Q1 2020, down 63% quarter-over-quarter.
  • 17 funds opened new Pennant Park Investment Corp positions in Q1 2020 and 14 closed out, a net change of +3 holders.
  • The largest Pennant Park Investment Corp buyer in Q1 2020 was Sumitomo Mitsui Trust Group, an estimated $2.41M added.
  • The largest Pennant Park Investment Corp seller in Q1 2020 was Greenwich Investment Management, an estimated $2.94M sold.

Based on aggregated 13F filings for Q1 2020.