Pennant Park Investment Corp
PNNT
87 hedge funds and large institutions have $135M invested in Pennant Park Investment Corp in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 30 reducing their positions, and 13 closing their positions.
498% more call options, than puts
Call options by funds: $1.05M | Put options by funds: $176K
3% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 30
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.81% less ownership
Funds ownership: 32.9% → 31.09% (-1.8%)
4% less funds holding
Funds holding: 91 → 87 (-4)
8% less capital invested
Capital invested by funds: $147M → $135M (-$12M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$5.12M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$3.02M |
| 3 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$1.81M |
| 4 |
RVPG
Relative Value Partners Group
|
+$1.35M |
| 5 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$882K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$12M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.93M |
| 3 |
Two Sigma Investments
New York
|
-$1.18M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.03M |
| 5 |
Two Sigma Advisers
New York
|
-$969K |
PNNT Hedge Fund Activity: Q3 2021 in Review
87 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q3 2021, worth a combined $135M — down 8.1% from $147M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PNNT and 9 opened new positions — a net loss of 4 holders — while 30 trimmed existing stakes and 31 added.
The largest buyer was Ares Management, adding an estimated $5.12M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $12M sold.
- 87 institutional investors held Pennant Park Investment Corp (PNNT) as of Q3 2021, down from 91 in Q2 2021.
- Funds reported $135M of Pennant Park Investment Corp stock for Q3 2021, down 8.1% quarter-over-quarter.
- 9 funds opened new Pennant Park Investment Corp positions in Q3 2021 and 13 closed out, a net change of -4 holders.
- The largest Pennant Park Investment Corp buyer in Q3 2021 was Ares Management, an estimated $5.12M added.
- The largest Pennant Park Investment Corp seller in Q3 2021 was ArrowMark Colorado Holdings, an estimated $12M sold.
Based on aggregated 13F filings for Q3 2021.