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Prospect Capital

221 hedge funds and large institutions have $347M invested in Prospect Capital in 2017 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 53 increasing their positions, 86 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

34% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 35

5% more funds holding

Funds holding: 210221 (+11)

1.4% less ownership

Funds ownership: 15.71%14.31% (-1.4%)

9% less capital invested

Capital invested by funds: $380M → $347M (-$32.8M)

38% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 86

58% less call options, than puts

Call options by funds: $22.1M | Put options by funds: $52.5M

Holders
221
Holders Change
+11
Holders Change %
+5.24%
% of All Funds
5.01%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
47
Increased
53
Reduced
86
Closed
35
Calls
$22.1M
Puts
$52.5M
Net Calls
-$30.3M
Net Calls Change
+$2.04M
Name Holding Trade Value Shares
Change
Change in
Stake
FIM
26
Freedom Investment Management
Connecticut
$2.96M +$2.08M +319,001 +266%
AG
27
Advisor Group
Arizona
$2.95M +$150K +23,056 +6%
JMPWA
28
JP Morgan Private Wealth Advisors
California
$2.7M -$9.61M -1,473,904 -79%
AR
29
Advisory Research
Illinois
$2.68M +$2.59M +397,659 New
LTFS
30
Ladenburg Thalmann Financial Services
Florida
$2.68M -$981K -150,481 -27%
PMLI
31
Penn Mutual Life Insurance
Pennsylvania
$2.55M -$1.41M -216,000 -36%
SMDAM
32
Sumitomo Mitsui DS Asset Management
Japan
$2.54M +$2.46M +377,495 New
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$2.47M -$222K -34,035 -8%
US Bancorp
34
US Bancorp
Minnesota
$2.1M -$500K -76,611 -20%
VF
35
Virtu Financial
New York
$1.98M +$1.44M +221,274 +303%
Two Sigma Advisers
36
Two Sigma Advisers
New York
$1.93M +$1.09M +166,449 +139%
AM
37
Ares Management
California
$1.88M -$954K -146,344 -34%
LPL Financial
38
LPL Financial
California
$1.85M +$87.7K +13,451 +5%
NAM
39
Nissay Asset Management
Japan
$1.73M +$1.67M +256,015 New
SEC
40
Seven Eight Capital
New York
$1.66M +$1.61M +246,860 New
RIA
41
RPG Investment Advisory
California
$1.64M -$225K -34,526 -12%
Robeco Institutional Asset Management
42
Robeco Institutional Asset Management
Netherlands
$1.63M
MIAN
43
Mariner Independent Advisor Network
Kansas
$1.61M +$1.56M +239,820 New
PC
44
Pomelo Capital
New York
$1.52M +$1.47M +225,000 New
PAM
45
PVG Asset Management
Colorado
$1.44M +$692K +106,180 +99%
Jane Street
46
Jane Street
New York
$1.38M +$1.21M +185,766 +984%
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$1.29M -$107K -16,407 -8%
RJFSA
48
Raymond James Financial Services Advisors
Florida
$1.25M -$202K -30,957 -14%
Mackenzie Financial
49
Mackenzie Financial
Ontario, Canada
$1.25M
Northern Trust
50
Northern Trust
Illinois
$1.25M +$113K +17,400 +10%

PSEC Hedge Fund Activity: Q4 2017 in Review

221 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2017, worth a combined $347M — down 8.6% from $380M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new PSEC positions and 35 closed out — a net gain of 12 holders — while 53 added to existing stakes and 86 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $10.5M. The largest seller was Bank of Montreal, cutting an estimated $24.1M.

  • 221 institutional investors held Prospect Capital (PSEC) as of Q4 2017, up from 210 in Q3 2017.
  • Funds reported $347M of Prospect Capital stock for Q4 2017, down 8.6% quarter-over-quarter.
  • 47 funds opened new Prospect Capital positions in Q4 2017 and 35 closed out, a net change of +12 holders.
  • The largest Prospect Capital buyer in Q4 2017 was Two Sigma Investments, an estimated $10.5M added.
  • The largest Prospect Capital seller in Q4 2017 was Bank of Montreal, an estimated $24.1M sold.

Based on aggregated 13F filings for Q4 2017.