Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pennantpark Invt Corp (PNNT)

105 + Investors. Track Smart Money conviction in PNNT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
1Q ▼
Buyers last Q
41%

Smart Money Signals — PNNT

Based on 105 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PNNT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 88% of 3.0Y peak

88% of all-time peak
105 funds currently hold this stock — 88% of the 3.0-year high of 120 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PNNT is almost the same as a year ago (-3 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 41% buying

44 buying63 selling
Last quarter: 63 funds reduced or exited vs 44 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~23 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 17 → 17 → 19 → 23. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

69% of holders stayed for 2+ years

■ 69% conviction (2yr+) ■ 14% medium ■ 17% new
72 out of 105 hedge funds have held PNNT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +1%, value -31%

Value
-31%
Shares
+1%
Last quarter: funds added +1% more shares while total portfolio value only changed -31%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

11 → 17 → 17 → 19 → 23 new funds/Q
New funds entering each quarter: 17 → 17 → 19 → 23. A growing number of institutions are discovering PNNT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 69% veterans vs 22% newcomers

■ 69% veterans ■ 10% 1-2yr ■ 22% new
Entry-cohort mix of 105 holders: 72 (69%) are 2+ year veterans, 10 entered 1–2 years ago, and 23 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
17 of 103 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PNNT

In 2026 Q1, 44 hedge funds were net buyers of PNNT (23 opened a new position, 21 added to an existing one), while 63 reduced or exited (32 trimmed, 31 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. 33% of total institutional value in PNNT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 105.

Hedge Fund Ownership: PNNT

How many hedge funds hold PNNT — quarterly history vs. share price
Quarterly hedge fund ownership of PNNT vs. share price

Market Analysis: PNNT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PNNT

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Pennantpark Invt Corp (PNNT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PNNT has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
PNNT
-19.8%
XLF
+9.5%

PNNT outperformed XLF by -29.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
PNNT
-10.1%
XLF
+5.8%

Since the filing became public, PNNT outperformed XLF by -15.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

6 top-rated funds 0 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: PNNT
105 + Investors

Track Smart Money conviction in PNNT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 105 113 -7.08%
13F Shares 14M 13M 1.42%
Total Value $55M $80M -31.45%
New Positions 23 19 +4
Increased Positions 20 33 -13
Closed Positions 31 17 +14
Reduced Positions 32 38 -6
Total Calls 1 2 -50.0%
Total Puts 1 0 100%
PUT/CALL Ratio 1.0 0.0 Neutral

Statistics: PNNT

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

105 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PNNT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PNNT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 AlphaCentric Advisors LLC 0.70% 155,950 $700K
2 GatePass Capital, LLC 0.29% 138,000 $620K
3 Gallagher Capital Advisors, LLC 0.21% 70,826 $318K
4 Virtus Investment Advisers, LLC 0.21% 165,540 $743K
5 Truvestments Capital LLC 0.18% 221,822 $996K
6 Sterneck Capital Management, LLC 0.16% 77,438 $348K
7 Abbot Financial Management, Inc. 0.13% 70,328 $316K
8 Crossingbridge Advisors, LLC 0.13% 155,950 $700K
9 Oxford Asset Management LLP 0.12% 61,062 $274K
10 Garner Asset Management Corp 0.12% 66,880 $300K
11 Sunbelt Securities, Inc. 0.08% 298,217 $1.3M
12 Miller Financial Services LLC 0.08% 15,754 $71K
13 Dynamic Technology Lab Private Ltd 0.05% 69,153 $310K
14 Founders Financial Alliance, LLC 0.05% 61,989 $278K
15 Mangrove Partners IM, LLC 0.05% 126,100 $566K
16 Advisors Asset Management, Inc. 0.04% 482,334 $2.2M
17 Denali Advisors LLC 0.04% 70,808 $318K
18 Disciplined Investments, LLC 0.03% 17,000 $76K
19 Kovack Advisors, Inc. 0.02% 103,233 $451K
20 Prosperity Financial Group, Inc. 0.02% 11,500 $52K
21 NewEdge Wealth, LLC 0.02% 319,540 $1.4M
22 Meridian Investment Counsel INC. 0.02% 14,200 $64K
23 Two Sigma Advisers, LP 0.01% 1,230,618 $7.3M
24 Ethos Financial Group, LLC 0.01% 27,190 $162K
25 Essex Financial Services, Inc. 0.01% 40,696 $183K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Pennantpark Invt Corp (PNNT)

What does the Smart Money Trend signal show for PNNT?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PNNT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PNNT?

More sellers than buyers — 41% buying: Last quarter: 63 funds reduced or exited vs 44 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for PNNT holders?

Strong quality — 33% AUM from major funds: 17 of 103 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PNNT?

69% of holders stayed for 2+ years: 72 out of 105 hedge funds have held PNNT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Pennantpark Invt Corp (PNNT) following the 2026 Q1 hedge fund 13F filings?

As of today, PNNT has moved -10.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of -15.9%. Since the quarter end (March 31, 2026), PNNT has gained -19.8% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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