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Prospect Capital

204 hedge funds and large institutions have $311M invested in Prospect Capital in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 76 increasing their positions, 62 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

23% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 62

3% more capital invested

Capital invested by funds: $302M → $311M (+$9.54M)

6% less funds holding

Funds holding: 217204 (-13)

39% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 28

85% less call options, than puts

Call options by funds: $8.09M | Put options by funds: $54.8M

Holders
204
Holders Change
-13
Holders Change %
-5.99%
% of All Funds
5.44%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.13%
New
17
Increased
76
Reduced
62
Closed
28
Calls
$8.09M
Puts
$54.8M
Net Calls
-$46.8M
Net Calls Change
-$14M
Name Holding Trade Value Shares
Change
Change in
Stake
LTFS
26
Ladenburg Thalmann Financial Services
Florida
$3.04M +$230K +30,535 +9%
Goldman Sachs
27
Goldman Sachs
New York
$2.91M +$1.53M +202,989 +120%
GC
28
Guggenheim Capital
Illinois
$2.8M +$128K +16,991 +5%
PAM
29
PVG Asset Management
Colorado
$2.74M -$28.6K -3,795 -1%
MCM
30
McKinley Capital Management
Alaska
$2.57M +$224K +29,804 +10%
Macquarie Group
31
Macquarie Group
Australia
$2.49M +$1.2M +159,200 +100%
AG
32
Advisor Group
Arizona
$2.42M +$2.34M +310,248 New
Bank of America
33
Bank of America
North Carolina
$2.36M +$78.4K +10,409 +4%
US Bancorp
34
US Bancorp
Minnesota
$2.29M +$188K +25,000 +9%
MSTVIM
35
Messner & Smith Theme Value Investment Management
California
$2M -$20.6K -2,732 -1%
Creative Planning
36
Creative Planning
Kansas
$1.94M -$110K -14,661 -6%
SBIA
37
Sheaff Brock Investment Advisors
Indiana
$1.88M +$73.3K +9,738 +4%
AM
38
Ares Management
California
$1.74M +$1.69M +225,000 New
HFS
39
HL Financial Services
Kentucky
$1.66M +$792K +105,166 +98%
RJFSA
40
Raymond James Financial Services Advisors
Florida
$1.62M +$67.4K +8,951 +5%
MBT
41
Montecito Bank & Trust
California
$1.56M
SRC
42
Shufro Rose & Co
New York
$1.49M -$64.3K -8,534 -4%
SPC
43
Sigma Planning Corp
Michigan
$1.47M +$399K +53,021 +39%
Royal Bank of Canada
44
Royal Bank of Canada
Ontario, Canada
$1.45M -$8.81K -1,170 -0.6%
Citigroup
45
Citigroup
New York
$1.42M -$94.7K -12,567 -6%
WS
46
Wedbush Securities
California
$1.41M -$18.6K -2,466 -1%
PFS
47
Prospera Financial Services
Texas
$1.37M +$62.2K +8,260 +5%
Wells Fargo
48
Wells Fargo
California
$1.3M -$292K -38,769 -19%
HighTower Advisors
49
HighTower Advisors
Illinois
$1.29M +$780K +103,527 +169%
Robeco Institutional Asset Management
50
Robeco Institutional Asset Management
Netherlands
$1.23M

PSEC Hedge Fund Activity: Q2 2016 in Review

204 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q2 2016, worth a combined $311M — up 3.2% from $302M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of PSEC and 17 opened new positions — a net loss of 11 holders — while 62 trimmed existing stakes and 76 added.

The largest buyer was Bank of Montreal, adding an estimated $5.41M. The largest seller was UBS Group, cutting an estimated $11.4M.

  • 204 institutional investors held Prospect Capital (PSEC) as of Q2 2016, down from 217 in Q1 2016.
  • Funds reported $311M of Prospect Capital stock for Q2 2016, up 3.2% quarter-over-quarter.
  • 17 funds opened new Prospect Capital positions in Q2 2016 and 28 closed out, a net change of -11 holders.
  • The largest Prospect Capital buyer in Q2 2016 was Bank of Montreal, an estimated $5.41M added.
  • The largest Prospect Capital seller in Q2 2016 was UBS Group, an estimated $11.4M sold.

Based on aggregated 13F filings for Q2 2016.