PennantPark Investment Ownership 2024 | Who Owns PennantPark Investment Now?


OverviewForecastRevenueFinancialsChartTranscripts

Institutional Ownership

8.32%

Insider Ownership

3.36%

Retail Ownership

88.31%

Institutional Holders

56.00

PennantPark Investment Institutional Shareholders


Institutional Shareholders by % of Total Shares

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
ARES MANAGEMENT LLC4.07%0.60%2,657,645-223,193-7.75%20,065,220Jun 30, 2024
LSV ASSET MANAGEMENT3.20%0.03%2,087,863-13,000-0.62%15,763,000Jun 30, 2024
INVESCO LTD.2.43%0.00%1,585,123-31,201-1.93%11,967,679Jun 30, 2024
TWO SIGMA INVESTMENTS, LP1.13%0.01%736,411-40,819-5.25%5,559,903Jun 30, 2024
HENNION & WALSH ASSET MANAGEMENT, INC.1.01%0.26%661,93383,48314.43%4,997,594Jun 30, 2024
ADVISORS ASSET MANAGEMENT, INC.0.92%0.09%602,900-49,320-7.56%4,551,895Jun 30, 2024
LEGAL & GENERAL GROUP PLC0.81%0.00%528,61815,2242.97%3,988,423Jun 30, 2024
CONDOR CAPITAL MANAGEMENT0.80%0.37%519,177233,68581.85%3,919,791Jun 30, 2024
MORGAN STANLEY0.65%0.00%425,069-322,792-43.16%3,209,273Jun 30, 2024
BLACKROCK INC.0.65%0.00%421,96648,14312.88%3,185,847Jun 30, 2024
MILLENNIUM MANAGEMENT LLC0.55%0.00%361,259-61,380-14.52%2,727,505Jun 30, 2024
TRUVESTMENTS CAPITAL LLC0.48%0.94%310,98628,80310.21%2,347,944Jun 30, 2024
NEWEDGE WEALTH, LLC0.41%0.04%270,487-27,708-9.29%2,042,177Jun 30, 2024
LIDO ADVISORS, LLC0.38%0.01%246,312--1,879,361Jun 30, 2024
LEGACY CAPITAL WEALTH PARTNERS, LLC0.36%0.45%236,456236,456100.00%1,785,243Jun 30, 2024
ROCKEFELLER CAPITAL MANAGEMENT L.P.0.30%0.00%195,676-2,000-1.01%1,477,354Jun 30, 2024
QUBE RESEARCH & TECHNOLOGIES LTD0.28%0.00%181,82111,6846.87%1,372,749Jun 30, 2024
ALBERTA INVESTMENT MANAGEMENT CORP0.25%0.01%163,000--1,230,650Jun 30, 2024
ADVISORS CAPITAL MANAGEMENT, LLC0.23%0.02%153,164-11,173-6.80%1,156,000Jun 30, 2024
TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES INC0.23%0.12%152,033--1,147,849Jun 30, 2024

PennantPark Investment's largest institutional shareholder is ARES MANAGEMENT LLC, holding 4.07% of the company's total share outstanding, currently valued at $20.07M. The top 10 institutional shareholders own together 15.68% of the company.

Institutional Shareholders by % of Total Assets

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
SMH CAPITAL ADVISORS INC0.16%2.39%103,393--780,617Jun 30, 2024
TRUVESTMENTS CAPITAL LLC0.48%0.94%310,98628,80310.21%2,347,944Jun 30, 2024
ARES MANAGEMENT LLC4.07%0.60%2,657,645-223,193-7.75%20,065,220Jun 30, 2024
LEGACY CAPITAL WEALTH PARTNERS, LLC0.36%0.45%236,456236,456100.00%1,785,243Jun 30, 2024
VIRTUS ETF ADVISERS LLC0.19%0.45%121,68021,95622.02%918,684Jun 30, 2024
GARNER ASSET MANAGEMENT CORP0.16%0.38%106,6149,6109.91%805,000Jun 30, 2024
CONDOR CAPITAL MANAGEMENT0.80%0.37%519,177233,68581.85%3,919,791Jun 30, 2024
ABBOT FINANCIAL MANAGEMENT, INC.0.11%0.30%74,492-1,997-2.61%562,418Jun 30, 2024
HENNION & WALSH ASSET MANAGEMENT, INC.1.01%0.26%661,93383,48314.43%4,997,594Jun 30, 2024
STERNECK CAPITAL MANAGEMENT, LLC0.07%0.20%47,162-17,339-26.88%356,073Jun 30, 2024
MCKINLEY CAPITAL MANAGEMENT LLC0.18%0.16%118,924-244-0.20%897,874Jun 30, 2024
EMC CAPITAL MANAGEMENT0.05%0.14%31,789--240,000Jun 30, 2024
TEXAS CAPITAL BANK WEALTH MANAGEMENT SERVICES INC0.23%0.12%152,033--1,147,849Jun 30, 2024
MERIDIAN INVESTMENT COUNSEL INC.0.07%0.11%48,100-1,000-2.04%363,155Jun 30, 2024
ADVISORS ASSET MANAGEMENT, INC.0.92%0.09%602,900-49,320-7.56%4,551,895Jun 30, 2024
CORNERSTONE WEALTH MANAGEMENT, LLC0.18%0.07%117,735-7,206-5.77%888,905Jun 30, 2024
GRIES FINANCIAL LLC0.07%0.07%43,935--331,709Jun 30, 2024
CATALINA CAPITAL GROUP, LLC0.03%0.05%17,061-15,602-47.77%128,814Jun 30, 2024
ORIGIN ASSET MANAGEMENT LLP0.04%0.05%24,022--181,366Jun 30, 2024
NEWEDGE WEALTH, LLC0.41%0.04%270,487-27,708-9.29%2,042,177Jun 30, 2024

The largest PennantPark Investment shareholder by % of total assets is SMH CAPITAL ADVISORS INC. The company owns 103.39K shares of PennantPark Investment (PNNT), representing 2.39% of its total assets.

Institutional Buyers

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
LEGACY CAPITAL WEALTH PARTNERS, LLC0.36%0.45%236,456236,456100.00%1,785,243Jun 30, 2024
CONDOR CAPITAL MANAGEMENT0.80%0.37%519,177233,68581.85%3,919,791Jun 30, 2024
BI ASSET MANAGEMENT FONDSMAEGLERSELSKAB A/S0.18%0.01%116,680116,680100.00%881,000Jun 30, 2024
HENNION & WALSH ASSET MANAGEMENT, INC.1.01%0.26%661,93383,48314.43%4,997,594Jun 30, 2024
CRESSET ASSET MANAGEMENT, LLC0.12%0.00%78,81978,819100.00%601,362Jun 30, 2024
TREXQUANT INVESTMENT LP0.12%0.01%75,30763,671547.19%568,568Jun 30, 2024
BLACKROCK INC.0.65%0.00%421,96648,14312.88%3,185,847Jun 30, 2024
GLOBAL RETIREMENT PARTNERS, LLC0.07%0.01%43,02842,1054561.76%324,861Jun 30, 2024
GOLDMAN SACHS GROUP INC0.05%-30,84430,844100.00%232,872Jun 30, 2024
TRUVESTMENTS CAPITAL LLC0.48%0.94%310,98628,80310.21%2,347,944Jun 30, 2024
ADVISOR GROUP HOLDINGS, INC.0.16%0.00%102,33827,62636.98%772,653Jun 30, 2024
VIRTUS ETF ADVISERS LLC0.19%0.45%121,68021,95622.02%918,684Jun 30, 2024
GSA CAPITAL PARTNERS LLP0.03%0.01%21,67521,675100.00%164,000Jun 30, 2024
ATRIA WEALTH SOLUTIONS, INC.0.08%0.00%49,41317,15253.17%374,439Jun 30, 2024
IFP ADVISORS, INC0.03%0.01%19,26116,989747.76%145,422Jun 30, 2024
LAZARD ASSET MANAGEMENT LLC0.03%0.00%16,81116,811100.00%126,000Jun 30, 2024
KINGSVIEW WEALTH MANAGEMENT, LLC0.03%0.00%16,73616,736100.00%126,357Jun 30, 2024
CAMBRIA INVESTMENT MANAGEMENT, L.P.0.09%0.03%55,54416,26941.42%419,357Jun 30, 2024
LEGAL & GENERAL GROUP PLC0.81%0.00%528,61815,2242.97%3,988,423Jun 30, 2024
BROOKSTONE CAPITAL MANAGEMENT0.02%0.00%14,35414,354100.00%105,358Jun 30, 2024

As of Jun 30 2024, PennantPark Investment's largest institutional buyer is LEGACY CAPITAL WEALTH PARTNERS, LLC. The company purchased 236.46K stocks of PNNT, valued at $1.79M.

Institutional Sellers

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
MORGAN STANLEY0.65%0.00%425,069-322,792-43.16%3,209,273Jun 30, 2024
ARES MANAGEMENT LLC4.07%0.60%2,657,645-223,193-7.75%20,065,220Jun 30, 2024
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC----94,251-100.00%-Jun 30, 2024
Y-INTERCEPT (HONG KONG) LTD----81,394-100.00%-Jun 30, 2024
MILLENNIUM MANAGEMENT LLC0.55%0.00%361,259-61,380-14.52%2,727,505Jun 30, 2024
HRT FINANCIAL LP0.02%0.00%14,600-54,146-78.76%110,000Jun 30, 2024
CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.0.17%0.00%112,625-53,169-32.07%850,319Jun 30, 2024
ADVISORS ASSET MANAGEMENT, INC.0.92%0.09%602,900-49,320-7.56%4,551,895Jun 30, 2024
TWO SIGMA INVESTMENTS, LP1.13%0.01%736,411-40,819-5.25%5,559,903Jun 30, 2024
JUMP FINANCIAL, LLC0.03%0.00%18,227-40,373-68.90%137,614Jun 30, 2024
COMMONWEALTH EQUITY SERVICES, LLC0.07%0.00%46,864-32,551-40.99%354,000Jun 30, 2024
INVESCO LTD.2.43%0.00%1,585,123-31,201-1.93%11,967,679Jun 30, 2024
NEWEDGE WEALTH, LLC0.41%0.04%270,487-27,708-9.29%2,042,177Jun 30, 2024
RKL WEALTH MANAGEMENT LLC----25,000-100.00%-Jun 30, 2024
RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC.0.02%0.00%13,432-21,717-61.79%101,410Jun 30, 2024
TUDOR INVESTMENT CORP ET AL----21,127-100.00%-Jun 30, 2024
LPL FINANCIAL LLC0.05%0.00%33,644-18,681-35.70%254,014Jun 30, 2024
QUANTBOT TECHNOLOGIES LP----18,621-100.00%-Jun 30, 2024
STERNECK CAPITAL MANAGEMENT, LLC0.07%0.20%47,162-17,339-26.88%356,073Jun 30, 2024
QUADRATURE CAPITAL LTD----16,271-100.00%-Jun 30, 2024

As of Jun 30 2024, PennantPark Investment's biggest institutional seller is MORGAN STANLEY. The company sold -0.32M shares of PNNT, valued at $3.21M.

Institutional New positions

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
BI ASSET MANAGEMENT FONDSMAEGLERSELSKAB A/S0.18%0.01%116,680116,680100.00%881,000Jun 30, 2024
GSA CAPITAL PARTNERS LLP0.03%0.01%21,67521,675100.00%164,000Jun 30, 2024
LAZARD ASSET MANAGEMENT LLC0.03%0.00%16,81116,811100.00%126,000Jun 30, 2024
KINGSVIEW WEALTH MANAGEMENT, LLC0.03%0.00%16,73616,736100.00%126,357Jun 30, 2024
BROOKSTONE CAPITAL MANAGEMENT0.02%0.00%14,35414,354100.00%105,358Jun 30, 2024
CRAWFORD INVESTMENT COUNSEL INC0.02%0.00%11,00011,000100.00%83,050Jun 30, 2024
RIDGEWOOD INVESTMENTS LLC0.00%0.00%1,0001,000100.00%7,550Jun 30, 2024
SMARTLEAF ASSET MANAGEMENT LLC0.00%0.00%336336100.00%2,516Jun 30, 2024

PennantPark Investment's largest new institutional shareholder by number of shares is BI ASSET MANAGEMENT FONDSMAEGLERSELSKAB A/S, purchased 116.68K shares, valued at $881.00K, as of undefined.

Institutional Sold Out

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC----94,251-100.00%-Jun 30, 2024
Y-INTERCEPT (HONG KONG) LTD----81,394-100.00%-Jun 30, 2024
RKL WEALTH MANAGEMENT LLC----25,000-100.00%-Jun 30, 2024
TUDOR INVESTMENT CORP ET AL----21,127-100.00%-Jun 30, 2024
QUANTBOT TECHNOLOGIES LP----18,621-100.00%-Jun 30, 2024
QUADRATURE CAPITAL LTD----16,271-100.00%-Jun 30, 2024
VERITION FUND MANAGEMENT LLC----14,700-100.00%-Jun 30, 2024
FNY INVESTMENT ADVISERS, LLC----2,400-100.00%-Jun 30, 2024
DEUTSCHE BANK AG\----1,616-100.00%-Jun 30, 2024
CAPE INVESTMENT ADVISORY, INC.----359-100.00%-Jun 30, 2024

PennantPark Investment's largest sold out institutional shareholder by shares sold is PREVAIL INNOVATIVE WEALTH ADVISORS, LLC, sold -94.25K shares, valued at -, as of undefined.

PennantPark Investment Mutual Fund Holders


Name% Total AssetsTotal SharesChange AmountChange %Date
FIRST TRUST SPECIALTY FINANCE & FINANCIAL OPPORTUNITIES FUND14.11%600,000--Feb 29, 2024
ANCORA TRUST0.56%125,000125,000-Mar 31, 2020
MERIDIAN FUND INC0.46%1,082,159--Mar 28, 2024
RMB INVESTORS TRUST0.19%100,000--Dec 31, 2023
Alpha Alternative Assets Fund0.17%73,470--Mar 31, 2024
SPECIAL OPPORTUNITIES FUND, INC.0.15%67,321--Mar 31, 2024
HIGH INCOME SECURITIES FUND0.14%41,601--Feb 29, 2024
Alternative Credit Income Fund0.08%250,000--Mar 31, 2024
PUTNAM INVESTMENT FUNDS0.06%308,800--Jan 31, 2024
ETFis Series Trust I0.06%82,11813,21919.19%Jan 31, 2024
Guardian Variable Products Trust0.02%360,031--Mar 31, 2024
AMERICAN PENSION INVESTORS TRUST0.01%76,700--Jan 31, 2024
ADVISORS' INNER CIRCLE FUND0.01%195,900--Jan 31, 2024
Invesco Exchange-Traded Fund Trust II0.00%1,562,321-261,644-14.34%Feb 29, 2024
PUTNAM VARIABLE TRUST0.00%143,980--Mar 31, 2024
Putnam ETF Trust0.00%33,243--Jan 31, 2024
DIREXION FUNDS0.00%3,825--Feb 29, 2024
VANGUARD QUANTITATIVE FUNDS0.00%12,600--Mar 31, 2024
CLEARWATER INVESTMENT TRUST0.00%23,545--Mar 28, 2024
Cambria ETF Trust0.00%19,71219,712-Jan 31, 2024
VALIC Co II0.00%57,351--Feb 28, 2021
INVESCO EXCHANGE-TRADED FUND TRUST0.00%66,595--Jan 31, 2024
LITMAN GREGORY FUNDS TRUST0.00%32,801--Mar 31, 2024
LAZARD FUNDS INC0.00%12,176--Mar 31, 2024
RBC FUNDS TRUST0.00%24,10024,100-Mar 28, 2024
Legg Mason Global Asset Management Trust0.00%857,752--Jan 31, 2024
Blackstone Alternative Investment Funds0.00%9,7002002.11%Mar 31, 2024
Bridge Builder Trust0.00%163,500--Mar 31, 2024
USAA MUTUAL FUNDS TRUST0.00%7,201--Jan 31, 2024
MUTUAL FUND SERIES TRUST0.00%99,131--Mar 31, 2024
SEI INSTITUTIONAL MANAGED TRUST0.00%54,639-5,034-8.44%Dec 31, 2023
VanEck ETF Trust0.00%806,757--Jan 31, 2024
VIRTUS OPPORTUNITIES TRUST0.00%1,100--Feb 29, 2024
NORTHERN LIGHTS FUND TRUST II0.00%37--Mar 31, 2024
SEI INSTITUTIONAL INVESTMENTS TRUST0.00%55,400--Feb 29, 2024
JOHN HANCOCK VARIABLE INSURANCE TRUST0.00%1,644--Mar 31, 2024

PennantPark Investment's largest mutual fund holder by % of total assets is "FIRST TRUST SPECIALTY FINANCE & FINANCIAL OPPORTUNITIES FUND", owning 600.00K shares, compromising 14.11% of its total assets.

PennantPark Investment Institutional Ownership Trends


Institutional Holdings Trend

DateHoldingsChange %
30 Jun, 2456-54.10%
31 Mar, 24122-3.17%
31 Dec, 23126-0.79%
30 Sep, 231279.48%
30 Jun, 231163.57%
31 Mar, 23112-1.75%
31 Dec, 221149.62%
30 Sep, 22104-9.57%
30 Jun, 22115-2.54%
31 Mar, 2211829.67%
31 Dec, 21911.11%
30 Sep, 2190-4.26%
30 Jun, 21941.08%
31 Mar, 219312.05%
31 Dec, 2083-3.49%
30 Sep, 2086-2.27%
30 Jun, 2088-18.52%
31 Mar, 20108-
31 Dec, 19108-0.92%
30 Sep, 191096.86%
30 Jun, 19102-14.29%
31 Mar, 191192.59%
31 Dec, 181161.75%
30 Sep, 18114-5.79%
30 Jun, 18121-0.82%
31 Mar, 18122-6.15%
31 Dec, 171305.69%
30 Sep, 17123-2.38%
30 Jun, 17126-1.56%
31 Mar, 1712810.34%
31 Dec, 16116-0.85%
30 Sep, 16117-1.68%
30 Jun, 16119-0.83%
31 Mar, 161203.45%
31 Dec, 15116-7.20%
30 Sep, 15125-0.79%
30 Jun, 15126-5.26%
31 Mar, 15133-5.00%
31 Dec, 141409.38%
30 Sep, 14128-11.11%
30 Jun, 14144-4.64%
31 Mar, 1415111.85%
31 Dec, 131353.85%
30 Sep, 1313010.17%
30 Jun, 13118131.37%
31 Mar, 1351-7.27%
31 Dec, 12555.77%
30 Sep, 1252-5.45%
30 Jun, 12553.77%
31 Mar, 125315.22%
31 Dec, 114612.20%
30 Sep, 1141-12.77%
30 Jun, 114711.90%
31 Mar, 114223.53%
31 Dec, 1034-5.56%
30 Sep, 1036-
30 Jun, 103638.46%
31 Mar, 1026-3.70%
31 Dec, 0927-18.18%
30 Sep, 093322.22%
30 Jun, 092768.75%
31 Mar, 0916-11.11%
31 Dec, 0818-25.00%
30 Sep, 082450.00%
30 Jun, 0816-15.79%
31 Mar, 0819-
31 Dec, 071918.75%
30 Sep, 0716-20.00%
30 Jun, 0720-

As of 30 Jun 24, 56 institutions are holding PennantPark Investment's shares, representing a decrease of -54.10% compared to the previous quarter.

Shares Outstanding Trend

DateShares OutstandingChange %
30 Jun, 245,429,542-68.96%
31 Mar, 2417,492,6700.79%
31 Dec, 2317,355,733-12.33%
30 Sep, 2319,795,744-5.15%
30 Jun, 2320,869,561-4.78%
31 Mar, 2321,918,208-5.58%
31 Dec, 2223,213,8083.86%
30 Sep, 2222,352,100-9.13%
30 Jun, 2224,597,350-1.12%
31 Mar, 2224,875,90119.07%
31 Dec, 2120,891,4660.16%
30 Sep, 2120,857,442-8.18%
30 Jun, 2122,715,7906.61%
31 Mar, 2121,306,91514.89%
31 Dec, 2018,545,056-7.70%
30 Sep, 2020,092,548-7.76%
30 Jun, 2021,781,854-14.18%
31 Mar, 2025,380,759-6.86%
31 Dec, 1927,250,9633.88%
30 Sep, 1926,233,305-9.58%
30 Jun, 1929,012,427-1.52%
31 Mar, 1929,461,714-1.93%
31 Dec, 1830,041,3111.48%
30 Sep, 1829,603,384-0.77%
30 Jun, 1829,833,766-6.28%
31 Mar, 1831,834,5193.68%
31 Dec, 1730,703,3551.82%
30 Sep, 1730,155,8840.76%
30 Jun, 1729,928,510-1.73%
31 Mar, 1730,455,1164.23%
31 Dec, 1629,219,22420.21%
30 Sep, 1624,305,8481.83%
30 Jun, 1623,868,6642.95%
31 Mar, 1623,184,514-0.70%
31 Dec, 1523,348,123-5.73%
30 Sep, 1524,768,521-6.89%
30 Jun, 1526,601,993-2.24%
31 Mar, 1527,212,023-5.42%
31 Dec, 1428,772,93315.57%
30 Sep, 1424,896,140-3.51%
30 Jun, 1425,802,873-12.93%
31 Mar, 1429,633,2691.38%
31 Dec, 1329,230,966-1.21%
30 Sep, 1329,589,223-1.00%
30 Jun, 1329,888,395164.64%
31 Mar, 1311,293,777-16.68%
31 Dec, 1213,554,040-1.03%
30 Sep, 1213,695,156-8.28%
30 Jun, 1214,931,1767.66%
31 Mar, 1213,869,40955.38%
31 Dec, 118,925,9173.97%
30 Sep, 118,584,911-36.44%
30 Jun, 1113,507,49216.22%
31 Mar, 1111,621,94031.93%
31 Dec, 108,808,886-4.53%
30 Sep, 109,227,213-2.63%
30 Jun, 109,476,30310.69%
31 Mar, 108,561,440-0.99%
31 Dec, 098,646,969-2.45%
30 Sep, 098,863,79320.67%
30 Jun, 097,345,30612.17%
31 Mar, 096,548,505-18.55%
31 Dec, 088,040,2433.43%
30 Sep, 087,773,64220.10%
30 Jun, 086,472,653-13.93%
31 Mar, 087,519,925-0.73%
31 Dec, 077,574,922-5.25%
30 Sep, 077,994,9935.73%
30 Jun, 077,561,480-

PennantPark Investment (PNNT) has 5.43M shares outstanding as of 30 Jun 24, down -68.96% compared to the previous quarter.

Institutional Ownership Trend

DateOwnership %Change %
30 Jun, 248.32%1.16%
31 Mar, 2426.82%3.79%
31 Dec, 2326.61%2.89%
30 Sep, 2330.35%3.38%
30 Jun, 2329.98%3.02%
31 Mar, 2331.49%2.49%
31 Dec, 2235.59%3.21%
30 Sep, 2233.28%2.39%
30 Jun, 2237.33%2.69%
31 Mar, 2237.27%3.84%
31 Dec, 2131.16%3.22%
30 Sep, 2131.11%2.71%
30 Jun, 2133.88%3.35%
31 Mar, 2131.78%4.16%
31 Dec, 2027.63%3.08%
30 Sep, 2029.97%2.84%
30 Jun, 2032.49%2.26%
31 Mar, 2037.89%2.29%
31 Dec, 1940.65%2.65%
30 Sep, 1939.13%2.09%
30 Jun, 1943.27%2.29%
31 Mar, 1943.43%2.29%
31 Dec, 1843.60%2.36%
30 Sep, 1842.96%2.42%
30 Jun, 1842.11%2.10%
31 Mar, 1844.80%2.40%
31 Dec, 1743.21%2.40%
30 Sep, 1742.44%2.39%
30 Jun, 1742.12%2.29%
31 Mar, 1742.86%2.53%
31 Dec, 1641.12%3.57%
30 Sep, 1633.94%3.01%
30 Jun, 1633.59%3.21%
31 Mar, 1632.37%3.14%
31 Dec, 1532.10%2.77%
30 Sep, 1534.05%2.69%
30 Jun, 1535.57%2.71%
31 Mar, 1536.24%2.47%
31 Dec, 1438.32%3.49%
30 Sep, 1433.15%2.21%
30 Jun, 1438.76%1.96%
31 Mar, 1444.52%2.31%
31 Dec, 1343.93%2.22%
30 Sep, 1344.46%2.20%
30 Jun, 1344.98%15.55%
31 Mar, 1317.01%4.05%
31 Dec, 1220.48%4.78%
30 Sep, 1220.70%2.95%
30 Jun, 1226.49%3.88%
31 Mar, 1226.14%6.85%
31 Dec, 1119.54%2.31%
30 Sep, 1129.06%2.72%
30 Jun, 1132.70%4.13%
31 Mar, 1128.13%4.76%
31 Dec, 1024.32%3.75%
30 Sep, 1025.48%2.83%
30 Jun, 1030.03%3.06%
31 Mar, 1031.31%2.78%
31 Dec, 0933.58%2.83%
30 Sep, 0934.42%2.83%
30 Jun, 0934.86%3.61%
31 Mar, 0931.08%2.13%
31 Dec, 0838.16%2.80%
30 Sep, 0836.90%3.91%
30 Jun, 0830.72%2.42%
31 Mar, 0835.65%2.84%
31 Dec, 0735.46%2.43%
30 Sep, 0738.19%2.96%
30 Jun, 0735.93%-

As of 30 Jun 24, PennantPark Investment is held by 8.32% institutional shareholders, representing a 1.16% growth compared to 31 Mar 24.

Institutional Increased Positions Trend

DateIncreased PositionsChange %
30 Jun, 2420-67.21%
31 Mar, 2461-8.96%
31 Dec, 23673.08%
30 Sep, 236512.07%
30 Jun, 2358-3.33%
31 Mar, 23607.14%
31 Dec, 225636.59%
30 Sep, 2241-32.79%
30 Jun, 22613.39%
31 Mar, 225955.26%
31 Dec, 2138-9.52%
30 Sep, 2142-
30 Jun, 214210.53%
31 Mar, 2138-7.32%
31 Dec, 204128.13%
30 Sep, 2032-8.57%
30 Jun, 2035-22.22%
31 Mar, 2045-23.73%
31 Dec, 195928.26%
30 Sep, 1946-11.54%
30 Jun, 1952-7.14%
31 Mar, 1956-3.45%
31 Dec, 185838.10%
30 Sep, 1842-14.29%
30 Jun, 1849-7.55%
31 Mar, 1853-19.70%
31 Dec, 176615.79%
30 Sep, 1757-1.72%
30 Jun, 1758-9.38%
31 Mar, 17643.23%
31 Dec, 166221.57%
30 Sep, 1651-5.56%
30 Jun, 1654-5.26%
31 Mar, 16575.56%
31 Dec, 1554-10.00%
30 Sep, 156027.66%
30 Jun, 1547-24.19%
31 Mar, 1562-13.89%
31 Dec, 147222.03%
30 Sep, 1459-29.76%
30 Jun, 14846.33%
31 Mar, 147931.67%
31 Dec, 1360-10.45%
30 Sep, 1367-33.00%
30 Jun, 13100203.03%
31 Mar, 1333-15.38%
31 Dec, 123918.18%
30 Sep, 1233-21.43%
30 Jun, 124210.53%
31 Mar, 123840.74%
31 Dec, 112722.73%
30 Sep, 1122-18.52%
30 Jun, 1127-10.00%
31 Mar, 113066.67%
31 Dec, 1018-
30 Sep, 1018-30.77%
30 Jun, 102636.84%
31 Mar, 10195.56%
31 Dec, 0918-21.74%
30 Sep, 092315.00%
30 Jun, 092066.67%
31 Mar, 0912-14.29%
31 Dec, 0814-6.67%
30 Sep, 0815-
30 Jun, 081536.36%
31 Mar, 0811-15.38%
31 Dec, 071330.00%
30 Sep, 0710-50.00%
30 Jun, 0720-

20 institutional shareholders have increased their position in PNNT stock as of 30 Jun 24 compared to 61 in the previous quarter (a -67.21% decrease).

Institutional Reduced Positions Trend

DateReduced PositionsChange %
30 Jun, 2417-46.88%
31 Mar, 2432-8.57%
31 Dec, 233520.69%
30 Sep, 2329-
30 Jun, 232916.00%
31 Mar, 2325-24.24%
31 Dec, 22333.13%
30 Sep, 223210.34%
30 Jun, 2229-17.14%
31 Mar, 223525.00%
31 Dec, 2128-3.45%
30 Sep, 2129-9.38%
30 Jun, 2132-5.88%
31 Mar, 213425.93%
31 Dec, 2027-27.03%
30 Sep, 203715.63%
30 Jun, 2032-27.27%
31 Mar, 204437.50%
31 Dec, 1932-25.58%
30 Sep, 194338.71%
30 Jun, 1931-6.06%
31 Mar, 1933-8.33%
31 Dec, 1836-16.28%
30 Sep, 184310.26%
30 Jun, 1839-
31 Mar, 18398.33%
31 Dec, 1736-16.28%
30 Sep, 174330.30%
30 Jun, 17333.13%
31 Mar, 1732-3.03%
31 Dec, 1633-5.71%
30 Sep, 16356.06%
30 Jun, 1633-13.16%
31 Mar, 1638-2.56%
31 Dec, 1539-11.36%
30 Sep, 1544-2.22%
30 Jun, 1545-10.00%
31 Mar, 155019.05%
31 Dec, 144210.53%
30 Sep, 143811.76%
30 Jun, 1434-15.00%
31 Mar, 1440-2.44%
31 Dec, 13415.13%
30 Sep, 1339200.00%
30 Jun, 1313-
31 Mar, 131344.44%
31 Dec, 129-10.00%
30 Sep, 1210100.00%
30 Jun, 125-44.44%
31 Mar, 129-25.00%
31 Dec, 111220.00%
30 Sep, 1110-33.33%
30 Jun, 1115150.00%
31 Mar, 116-33.33%
31 Dec, 109-18.18%
30 Sep, 101157.14%
30 Jun, 10716.67%
31 Mar, 10620.00%
31 Dec, 095-
30 Sep, 095-
30 Jun, 095-
31 Mar, 09--100.00%
31 Dec, 083-40.00%
30 Sep, 085400.00%
30 Jun, 081-83.33%
31 Mar, 08650.00%
31 Dec, 074-20.00%
30 Sep, 075-
30 Jun, 07--

17 institutional shareholders have reduced their position in PNNT stock as of 30 Jun 24 compared to 32 in the previous quarter (a -46.88% decrease).

All Institutional Ownership Trend Data

DateHoldingsChange %Shares OutstandingChange %Ownership %Change %Increased PositionsChange %Reduced PositionsChange %
30 Jun, 2456-54.10%5,429,542-68.96%8.32%1.16%20-67.21%17-46.88%
31 Mar, 24122-3.17%17,492,6700.79%26.82%3.79%61-8.96%32-8.57%
31 Dec, 23126-0.79%17,355,733-12.33%26.61%2.89%673.08%3520.69%
30 Sep, 231279.48%19,795,744-5.15%30.35%3.38%6512.07%29-
30 Jun, 231163.57%20,869,561-4.78%29.98%3.02%58-3.33%2916.00%
31 Mar, 23112-1.75%21,918,208-5.58%31.49%2.49%607.14%25-24.24%
31 Dec, 221149.62%23,213,8083.86%35.59%3.21%5636.59%333.13%
30 Sep, 22104-9.57%22,352,100-9.13%33.28%2.39%41-32.79%3210.34%
30 Jun, 22115-2.54%24,597,350-1.12%37.33%2.69%613.39%29-17.14%
31 Mar, 2211829.67%24,875,90119.07%37.27%3.84%5955.26%3525.00%
31 Dec, 21911.11%20,891,4660.16%31.16%3.22%38-9.52%28-3.45%
30 Sep, 2190-4.26%20,857,442-8.18%31.11%2.71%42-29-9.38%
30 Jun, 21941.08%22,715,7906.61%33.88%3.35%4210.53%32-5.88%
31 Mar, 219312.05%21,306,91514.89%31.78%4.16%38-7.32%3425.93%
31 Dec, 2083-3.49%18,545,056-7.70%27.63%3.08%4128.13%27-27.03%
30 Sep, 2086-2.27%20,092,548-7.76%29.97%2.84%32-8.57%3715.63%
30 Jun, 2088-18.52%21,781,854-14.18%32.49%2.26%35-22.22%32-27.27%
31 Mar, 20108-25,380,759-6.86%37.89%2.29%45-23.73%4437.50%
31 Dec, 19108-0.92%27,250,9633.88%40.65%2.65%5928.26%32-25.58%
30 Sep, 191096.86%26,233,305-9.58%39.13%2.09%46-11.54%4338.71%
30 Jun, 19102-14.29%29,012,427-1.52%43.27%2.29%52-7.14%31-6.06%
31 Mar, 191192.59%29,461,714-1.93%43.43%2.29%56-3.45%33-8.33%
31 Dec, 181161.75%30,041,3111.48%43.60%2.36%5838.10%36-16.28%
30 Sep, 18114-5.79%29,603,384-0.77%42.96%2.42%42-14.29%4310.26%
30 Jun, 18121-0.82%29,833,766-6.28%42.11%2.10%49-7.55%39-
31 Mar, 18122-6.15%31,834,5193.68%44.80%2.40%53-19.70%398.33%
31 Dec, 171305.69%30,703,3551.82%43.21%2.40%6615.79%36-16.28%
30 Sep, 17123-2.38%30,155,8840.76%42.44%2.39%57-1.72%4330.30%
30 Jun, 17126-1.56%29,928,510-1.73%42.12%2.29%58-9.38%333.13%
31 Mar, 1712810.34%30,455,1164.23%42.86%2.53%643.23%32-3.03%
31 Dec, 16116-0.85%29,219,22420.21%41.12%3.57%6221.57%33-5.71%
30 Sep, 16117-1.68%24,305,8481.83%33.94%3.01%51-5.56%356.06%
30 Jun, 16119-0.83%23,868,6642.95%33.59%3.21%54-5.26%33-13.16%
31 Mar, 161203.45%23,184,514-0.70%32.37%3.14%575.56%38-2.56%
31 Dec, 15116-7.20%23,348,123-5.73%32.10%2.77%54-10.00%39-11.36%
30 Sep, 15125-0.79%24,768,521-6.89%34.05%2.69%6027.66%44-2.22%
30 Jun, 15126-5.26%26,601,993-2.24%35.57%2.71%47-24.19%45-10.00%
31 Mar, 15133-5.00%27,212,023-5.42%36.24%2.47%62-13.89%5019.05%
31 Dec, 141409.38%28,772,93315.57%38.32%3.49%7222.03%4210.53%
30 Sep, 14128-11.11%24,896,140-3.51%33.15%2.21%59-29.76%3811.76%
30 Jun, 14144-4.64%25,802,873-12.93%38.76%1.96%846.33%34-15.00%
31 Mar, 1415111.85%29,633,2691.38%44.52%2.31%7931.67%40-2.44%
31 Dec, 131353.85%29,230,966-1.21%43.93%2.22%60-10.45%415.13%
30 Sep, 1313010.17%29,589,223-1.00%44.46%2.20%67-33.00%39200.00%
30 Jun, 13118131.37%29,888,395164.64%44.98%15.55%100203.03%13-
31 Mar, 1351-7.27%11,293,777-16.68%17.01%4.05%33-15.38%1344.44%
31 Dec, 12555.77%13,554,040-1.03%20.48%4.78%3918.18%9-10.00%
30 Sep, 1252-5.45%13,695,156-8.28%20.70%2.95%33-21.43%10100.00%
30 Jun, 12553.77%14,931,1767.66%26.49%3.88%4210.53%5-44.44%
31 Mar, 125315.22%13,869,40955.38%26.14%6.85%3840.74%9-25.00%
31 Dec, 114612.20%8,925,9173.97%19.54%2.31%2722.73%1220.00%
30 Sep, 1141-12.77%8,584,911-36.44%29.06%2.72%22-18.52%10-33.33%
30 Jun, 114711.90%13,507,49216.22%32.70%4.13%27-10.00%15150.00%
31 Mar, 114223.53%11,621,94031.93%28.13%4.76%3066.67%6-33.33%
31 Dec, 1034-5.56%8,808,886-4.53%24.32%3.75%18-9-18.18%
30 Sep, 1036-9,227,213-2.63%25.48%2.83%18-30.77%1157.14%
30 Jun, 103638.46%9,476,30310.69%30.03%3.06%2636.84%716.67%
31 Mar, 1026-3.70%8,561,440-0.99%31.31%2.78%195.56%620.00%
31 Dec, 0927-18.18%8,646,969-2.45%33.58%2.83%18-21.74%5-
30 Sep, 093322.22%8,863,79320.67%34.42%2.83%2315.00%5-
30 Jun, 092768.75%7,345,30612.17%34.86%3.61%2066.67%5-
31 Mar, 0916-11.11%6,548,505-18.55%31.08%2.13%12-14.29%--100.00%
31 Dec, 0818-25.00%8,040,2433.43%38.16%2.80%14-6.67%3-40.00%
30 Sep, 082450.00%7,773,64220.10%36.90%3.91%15-5400.00%
30 Jun, 0816-15.79%6,472,653-13.93%30.72%2.42%1536.36%1-83.33%
31 Mar, 0819-7,519,925-0.73%35.65%2.84%11-15.38%650.00%
31 Dec, 071918.75%7,574,922-5.25%35.46%2.43%1330.00%4-20.00%
30 Sep, 0716-20.00%7,994,9935.73%38.19%2.96%10-50.00%5-
30 Jun, 0720-7,561,480-35.93%-20---

PennantPark Investment Insider Shareholders Trades


Open Market Insider Trades

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource
Mar 14, 2024Allorto Richard T JRofficer CFO and TreasurerP-PurchaseBuy5,000$6.80$33.98K15,000
Feb 29, 2024Briones Jose Adirector-P-PurchaseBuy1,166$6.85$7.99K261,657
Feb 29, 2024Briones Jose Adirector-P-PurchaseBuy4,956$6.86$33.98K260,491
Feb 29, 2024Briones Jose Adirector-P-PurchaseBuy1,166$6.86$8.00K10,333
Feb 14, 2024Briones Jose Adirector-P-PurchaseBuy3,800$6.67$25.34K255,535
Feb 14, 2024Briones Jose Adirector-P-PurchaseBuy7,450$6.70$49.91K251,735
Dec 07, 2023Briones Jose Adirector-P-PurchaseBuy1,565$6.38$9.98K242,031
Dec 07, 2023Briones Jose Adirector-P-PurchaseBuy1,557$6.42$9.99K240,466
Nov 28, 2023Briones Jose Adirector-P-PurchaseBuy1,545$6.46$9.99K238,909
Aug 23, 2023Briones Jose Adirector-P-PurchaseBuy3,865$6.45$24.93K237,364
Aug 16, 2023Briones Jose Adirector-P-PurchaseBuy960$6.82$6.55K233,499
Aug 16, 2023Briones Jose Adirector-P-PurchaseBuy10,000$6.84$68.44K232,539
Jun 13, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy4,000$5.86$23.44K74,710
Jun 13, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy4,000$5.86$23.44K70,710
Jun 05, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy5,000$5.55$27.75K66,710
Jun 05, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy5,000$5.52$27.60K61,710
Jun 05, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy15,000$5.49$82.30K56,710
May 19, 2023PENN ARTHUR Hdirector, officer Chairman and CEOP-PurchaseBuy24,000$5.59$134.22K1,113,423
May 18, 2023PENN ARTHUR Hdirector, officer Chairman and CEOP-PurchaseBuy23,000$5.53$127.27K1,089,423
May 17, 2023Allorto Richard T JRofficer CFO and TreasurerP-PurchaseBuy10,000$5.35$53.50K10,000

Open Market Insider Buys

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource
Mar 14, 2024Allorto Richard T JRofficer CFO and TreasurerP-PurchaseBuy5,000$6.80$33.98K15,000
Feb 29, 2024Briones Jose Adirector-P-PurchaseBuy1,166$6.85$7.99K261,657
Feb 29, 2024Briones Jose Adirector-P-PurchaseBuy4,956$6.86$33.98K260,491
Feb 29, 2024Briones Jose Adirector-P-PurchaseBuy1,166$6.86$8.00K10,333
Feb 14, 2024Briones Jose Adirector-P-PurchaseBuy3,800$6.67$25.34K255,535
Feb 14, 2024Briones Jose Adirector-P-PurchaseBuy7,450$6.70$49.91K251,735
Dec 07, 2023Briones Jose Adirector-P-PurchaseBuy1,565$6.38$9.98K242,031
Dec 07, 2023Briones Jose Adirector-P-PurchaseBuy1,557$6.42$9.99K240,466
Nov 28, 2023Briones Jose Adirector-P-PurchaseBuy1,545$6.46$9.99K238,909
Aug 23, 2023Briones Jose Adirector-P-PurchaseBuy3,865$6.45$24.93K237,364
Aug 16, 2023Briones Jose Adirector-P-PurchaseBuy960$6.82$6.55K233,499
Aug 16, 2023Briones Jose Adirector-P-PurchaseBuy10,000$6.84$68.44K232,539
Jun 13, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy4,000$5.86$23.44K74,710
Jun 13, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy4,000$5.86$23.44K70,710
Jun 05, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy5,000$5.55$27.75K66,710
Jun 05, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy5,000$5.52$27.60K61,710
Jun 05, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy15,000$5.49$82.30K56,710
May 19, 2023PENN ARTHUR Hdirector, officer Chairman and CEOP-PurchaseBuy24,000$5.59$134.22K1,113,423
May 18, 2023PENN ARTHUR Hdirector, officer Chairman and CEOP-PurchaseBuy23,000$5.53$127.27K1,089,423
May 17, 2023Allorto Richard T JRofficer CFO and TreasurerP-PurchaseBuy10,000$5.35$53.50K10,000

Insider Sells

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource

All Insider Owners Trades

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource
Mar 14, 2024Allorto Richard T JRofficer CFO and TreasurerP-PurchaseBuy5,000$6.80$33.98K15,000
Feb 29, 2024Briones Jose Adirector-P-PurchaseBuy1,166$6.85$7.99K261,657
Feb 29, 2024Briones Jose Adirector-P-PurchaseBuy4,956$6.86$33.98K260,491
Feb 29, 2024Briones Jose Adirector-P-PurchaseBuy1,166$6.86$8.00K10,333
Feb 14, 2024Briones Jose Adirector-P-PurchaseBuy3,800$6.67$25.34K255,535
Feb 14, 2024Briones Jose Adirector-P-PurchaseBuy7,450$6.70$49.91K251,735
Dec 07, 2023Briones Jose Adirector-P-PurchaseBuy1,565$6.38$9.98K242,031
Dec 07, 2023Briones Jose Adirector-P-PurchaseBuy1,557$6.42$9.99K240,466
Nov 28, 2023Briones Jose Adirector-P-PurchaseBuy1,545$6.46$9.99K238,909
Aug 23, 2023Briones Jose Adirector-P-PurchaseBuy3,865$6.45$24.93K237,364
Aug 16, 2023Briones Jose Adirector-P-PurchaseBuy960$6.82$6.55K233,499
Aug 16, 2023Briones Jose Adirector-P-PurchaseBuy10,000$6.84$68.44K232,539
Jun 13, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy4,000$5.86$23.44K74,710
Jun 13, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy4,000$5.86$23.44K70,710
Jun 05, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy5,000$5.55$27.75K66,710
Jun 05, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy5,000$5.52$27.60K61,710
Jun 05, 2023KATZ SAMUEL Ldirector-P-PurchaseBuy15,000$5.49$82.30K56,710
May 19, 2023PENN ARTHUR Hdirector, officer Chairman and CEOP-PurchaseBuy24,000$5.59$134.22K1,113,423
May 18, 2023PENN ARTHUR Hdirector, officer Chairman and CEOP-PurchaseBuy23,000$5.53$127.27K1,089,423
May 17, 2023Allorto Richard T JRofficer CFO and TreasurerP-PurchaseBuy10,000$5.35$53.50K10,000

The last insider buy of PNNT was made by Allorto Richard T JR on Mar 14 2024, buying 5,000 shares at $6.80 per share (worth $33.98K).

PennantPark Investment Insider Ownership Trends


All Insider Trades Trend

DateBuySellBuy/Sell Ratio
Q1 20246--
Q4 20233--
Q3 20233--
Q2 202311--
Q1 202351500.00%
Q2 2022-1-
Q1 2022-1-
Q2 2021---
Q4 202072350.00%
Q1 20207--
Q4 20193--
Q3 20194--
Q2 20194--
Q1 20181--
Q4 20175--
Q3 20174--
Q2 20174--
Q4 201671700.00%
Q1 20164--
Q4 20159--

6 total buy trades, and 0 total sell trades (buy/sell ratio of 0%) were made by PennantPark Investment's insiders, as of Q1 2024.

Open Market Insider Trades Trend

DateBuySellBuy/Sell Ratio
Q1 20246--
Q4 20233--
Q3 20233--
Q2 202311--
Q1 20234--
Q2 2022---
Q1 2022---
Q2 2021---
Q4 20206--
Q1 20207--
Q4 20193--
Q3 20194--
Q2 20194--
Q1 20181--
Q4 20175--
Q3 20174--
Q2 20174--
Q4 201671700.00%
Q1 20164--
Q4 20159--

As of Q1 2024, Insider owners conducted 6 open market buy trades and 0 open market sell trades of PennantPark Investment's stocks.

PennantPark Investment Peer Ownership


TickerCompany
TPVGTriplePoint Venture Growth BDC Corp.
GLADGladstone Capital Corporation
FDUSFidus Investment Corporation
GAINGladstone Investment Corporation
GECCGreat Elm Capital Corp.
NMFCNew Mountain Finance Corporation
GBDCGolub Capital BDC, Inc.
TSLXSixth Street Specialty Lending, Inc.
PSECProspect Capital Corporation
SCMStellus Capital Investment Corporation
CGBDCarlyle Secured Lending, Inc.
TCPCBlackRock TCP Capital Corp.
MRCCMonroe Capital Corporation
HRZNHorizon Technology Finance Corporation

PNNT Ownership FAQ


PennantPark Investment is owned by institutional shareholders (8.32%), insiders (3.36%), and public (88.31%). The largest institutional shareholder of PennantPark Investment is ARES MANAGEMENT LLC (4.07% of total shares) and the top mutual fund owner is FIRST TRUST SPECIALTY FINANCE & FINANCIAL OPPORTUNITIES FUND (14.11% of total shares).

PennantPark Investment's major institutional shareholders are ARES MANAGEMENT LLC, LSV ASSET MANAGEMENT, INVESCO LTD., TWO SIGMA INVESTMENTS, LP, and HENNION & WALSH ASSET MANAGEMENT, INC.. The top five shareholders own together 11.85% of the company's share outstanding.

As of Jun 2024, there are 56 institutional shareholders of PennantPark Investment.

ARES MANAGEMENT LLC owns 2.66M shares of PennantPark Investment, representing 4.07% of the company's total shares outstanding, valued at $20.07M (as of Jun 2024).

As of Jun 2024, LSV ASSET MANAGEMENT holds 2.09M shares of PennantPark Investment (PNNT), compromising 3.20% of the company, valued at $15.76M.

INVESCO LTD is the third largest holder of PennantPark Investment. The company owns 1.59M of the company's shares outstanding (worth $11.97M).