Pennant Park Investment Corp
PNNT
116 hedge funds and large institutions have $191M invested in Pennant Park Investment Corp in 2022 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 27 increasing their positions, 34 reducing their positions, and 4 closing their positions.
725% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 4
519% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $182K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
32% more capital invested
Capital invested by funds: $145M → $191M (+$46.4M)
30% more funds holding
Funds holding: 89 → 116 (+27)
5.94% more ownership
Funds ownership: 31.16% → 37.1% (+5.9%)
21% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 34
Top Buyers
| 1 |
VanEck Associates
New York
|
+$3.77M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$2.14M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$2.11M |
| 4 |
Two Sigma Investments
New York
|
+$1.6M |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$1.29M |
Top Sellers
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$1.72M |
| 2 |
BlackRock
New York
|
-$928K |
| 3 |
Morgan Stanley
New York
|
-$892K |
| 4 |
Neuberger Berman Group
New York
|
-$601K |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$584K |
PNNT Hedge Fund Activity: Q1 2022 in Review
116 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q1 2022, worth a combined $191M — up 32% from $145M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PNNT positions and 4 closed out — a net gain of 29 holders — while 27 added to existing stakes and 34 trimmed.
The largest buyer was VanEck Associates, adding an estimated $3.77M. The largest seller was Stifel Financial, cutting an estimated $1.72M.
- 116 institutional investors held Pennant Park Investment Corp (PNNT) as of Q1 2022, up from 89 in Q4 2021.
- Funds reported $191M of Pennant Park Investment Corp stock for Q1 2022, up 32% quarter-over-quarter.
- 33 funds opened new Pennant Park Investment Corp positions in Q1 2022 and 4 closed out, a net change of +29 holders.
- The largest Pennant Park Investment Corp buyer in Q1 2022 was VanEck Associates, an estimated $3.77M added.
- The largest Pennant Park Investment Corp seller in Q1 2022 was Stifel Financial, an estimated $1.72M sold.
Based on aggregated 13F filings for Q1 2022.