Pennant Park Investment Corp
PNNT
125 hedge funds and large institutions have $124M invested in Pennant Park Investment Corp in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 15 closing their positions.
5,683% more call options, than puts
Call options by funds: $694K | Put options by funds: $12K
37% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 35
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
1% more funds holding
Funds holding: 124 → 125 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $131M → $124M (-$6.49M)
2.9% less ownership
Funds ownership: 30.42% → 27.52% (-2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
+$1.75M |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$1.59M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.52M |
| 4 |
HF
HRT Financial
New York
|
+$845K |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$570K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$6.93M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$2.94M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.83M |
| 4 |
Millennium Management
New York
|
-$1.66M |
| 5 |
SG Americas Securities
New York
|
-$495K |
PNNT Hedge Fund Activity: Q4 2023 in Review
125 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Pennant Park Investment Corp (PNNT) for Q4 2023, worth a combined $124M — down 5% from $131M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PNNT positions and 15 closed out — a net gain of 4 holders — while 48 added to existing stakes and 35 trimmed.
The largest buyer was NewEdge Wealth, opening a new position worth an estimated $1.75M. The largest seller was Callodine Capital Management, exiting entirely with an estimated $6.93M sold.
- 125 institutional investors held Pennant Park Investment Corp (PNNT) as of Q4 2023, up from 124 in Q3 2023.
- Funds reported $124M of Pennant Park Investment Corp stock for Q4 2023, down 5% quarter-over-quarter.
- 19 funds opened new Pennant Park Investment Corp positions in Q4 2023 and 15 closed out, a net change of +4 holders.
- The largest Pennant Park Investment Corp buyer in Q4 2023 was NewEdge Wealth, an estimated $1.75M added.
- The largest Pennant Park Investment Corp seller in Q4 2023 was Callodine Capital Management, an estimated $6.93M sold.
Based on aggregated 13F filings for Q4 2023.