Prospect Capital
PSEC
204 hedge funds and large institutions have $409M invested in Prospect Capital in 2015 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 80 increasing their positions, 66 reducing their positions, and 35 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 66
8% less funds holding
Funds holding: 222 → 204 (-18)
11% less capital invested
Capital invested by funds: $457M → $409M (-$48.9M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
40% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 35
82% less call options, than puts
Call options by funds: $1.75M | Put options by funds: $10M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$13.3M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$11.3M |
| 3 |
Two Sigma Investments
New York
|
+$9.96M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.91M |
| 5 |
Morgan Stanley
New York
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$8.95M |
| 2 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
-$8.86M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$7.99M |
| 4 |
SC
Selz Capital
New York
|
-$7.61M |
| 5 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
-$3.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Northern Trust
Chicago,
Illinois
| – | -$86K | -10,225 | Closed |
|
|
SWP
227
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$87K | -10,225 | Closed |
|
|
SCM
228
Sterneck Capital Management
Kansas City,
Missouri
| – | -$85K | -10,000 | Closed |
|
|
MCM
229
McGlinn Capital Management
Wyomissing,
Pennsylvania
| – | -$76K | -9,000 | Closed |
|
|
FMT
230
First Mercantile Trust
Cordova,
Tennessee
| – | -$61K | -7,191 | Closed |
|
|
SHJ
231
Sharkey, Howes & Javer
Denver,
Colorado
| – | -$38K | -4,500 | Closed |
|
|
FNBT
232
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$22K | -2,548 | Closed |
|
|
RAM
233
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$6K | -750 | Closed |
|
|
TRCT
234
Tower Research Capital (TRC)
New York
| – | -$6K | -750 | Closed |
|
|
GI
235
Gradient Investments
Arden Hills,
Minnesota
| – | -$2K | -270 | Closed |
|
|
PCTC
236
Perkins Coie Trust Company
Seattle,
Washington
| – | -$2K | -200 | Closed |
|
|
BWFA
237
Baltimore-Washington Financial Advisors
Columbia,
Maryland
| – | -$1K | -100 | Closed |
|
PSEC Hedge Fund Activity: Q2 2015 in Review
204 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q2 2015, worth a combined $409M — down 11% from $457M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PSEC and 21 opened new positions — a net loss of 14 holders — while 66 trimmed existing stakes and 80 added.
The largest buyer was Deutsche Bank, adding an estimated $13.3M. The largest seller was UBS Group, cutting an estimated $8.95M.
- 204 institutional investors held Prospect Capital (PSEC) as of Q2 2015, down from 222 in Q1 2015.
- Funds reported $409M of Prospect Capital stock for Q2 2015, down 11% quarter-over-quarter.
- 21 funds opened new Prospect Capital positions in Q2 2015 and 35 closed out, a net change of -14 holders.
- The largest Prospect Capital buyer in Q2 2015 was Deutsche Bank, an estimated $13.3M added.
- The largest Prospect Capital seller in Q2 2015 was UBS Group, an estimated $8.95M sold.
Based on aggregated 13F filings for Q2 2015.