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Prospect Capital

224 hedge funds and large institutions have $381M invested in Prospect Capital in 2018 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 70 increasing their positions, 69 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 20

29% more capital invested

Capital invested by funds: $294M → $381M (+$86.1M)

4% more funds holding

Funds holding: 216224 (+8)

2.15% more ownership

Funds ownership: 12.1%14.24% (+2.1%)

1% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 69

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

86% less call options, than puts

Call options by funds: $3.57M | Put options by funds: $24.9M

Holders
224
Holders Change
+8
Holders Change %
+3.7%
% of All Funds
5.12%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
29
Increased
70
Reduced
69
Closed
20
Calls
$3.57M
Puts
$24.9M
Net Calls
-$21.3M
Net Calls Change
-$2.89M
Name Holding Trade Value Shares
Change
Change in
Stake
OAM
26
Oxford Asset Management
United Kingdom
$3.64M +$3.26M +460,325 +1,347%
D.E. Shaw & Co
27
D.E. Shaw & Co
New York
$3.5M +$1.55M +219,729 +85%
Bank of Montreal
28
Bank of Montreal
Ontario, Canada
$3.27M +$2.83M +400,000 +879%
NAM
29
Nissay Asset Management
Japan
$3M
USAA
30
United Services Automobile Association
Texas
$2.96M -$177K -25,000 -6%
LTFS
31
Ladenburg Thalmann Financial Services
Florida
$2.39M -$252K -35,604 -10%
Mackenzie Financial
32
Mackenzie Financial
Ontario, Canada
$2.35M +$959K +135,529 +73%
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$2.29M -$156K -22,040 -7%
US Bancorp
34
US Bancorp
Minnesota
$2.28M
AAM
35
Advisors Asset Management
Colorado
$2.15M +$208K +29,475 +11%
Citigroup
36
Citigroup
New York
$2.15M +$1.94M +274,199 +1,413%
AR
37
Advisory Research
Illinois
$2.14M -$229K -32,366 -10%
SMDAM
38
Sumitomo Mitsui DS Asset Management
Japan
$1.98M -$245K -34,703 -11%
JP Morgan Chase
39
JP Morgan Chase
New York
$1.82M +$1.53M +215,906 +667%
MIAN
40
Mariner Independent Advisor Network
Kansas
$1.82M +$1.77M +250,410 New
Goldman Sachs
41
Goldman Sachs
New York
$1.81M +$1.49M +210,764 +583%
PI
42
PineBridge Investments
New York
$1.71M +$692K +97,854 +72%
Nordea Investment Management
43
Nordea Investment Management
Sweden
$1.55M
BCM
44
BlueCrest Capital Management
Jersey
$1.52M +$1.34M +189,970 +1,100%
Northern Trust
45
Northern Trust
Illinois
$1.49M +$188K +26,578 +15%
SFI
46
Susquehanna Fundamental Investments
Pennsylvania
$1.49M
Citadel Advisors
47
Citadel Advisors
Florida
$1.43M +$472K +66,669 +52%
RJFSA
48
Raymond James Financial Services Advisors
Florida
$1.39M -$52K -7,345 -4%
Macquarie Group
49
Macquarie Group
Australia
$1.31M -$133K -18,793 -10%
Bank of America
50
Bank of America
North Carolina
$1.31M +$716K +101,173 +131%

PSEC Hedge Fund Activity: Q3 2018 in Review

224 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q3 2018, worth a combined $381M — up 29% from $294M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new PSEC positions and 20 closed out — a net gain of 9 holders — while 70 added to existing stakes and 69 trimmed.

The largest buyer was Credit Suisse, opening a new position worth an estimated $19.5M. The largest seller was Muzinich & Co, cutting an estimated $7.76M.

  • 224 institutional investors held Prospect Capital (PSEC) as of Q3 2018, up from 216 in Q2 2018.
  • Funds reported $381M of Prospect Capital stock for Q3 2018, up 29% quarter-over-quarter.
  • 29 funds opened new Prospect Capital positions in Q3 2018 and 20 closed out, a net change of +9 holders.
  • The largest Prospect Capital buyer in Q3 2018 was Credit Suisse, an estimated $19.5M added.
  • The largest Prospect Capital seller in Q3 2018 was Muzinich & Co, an estimated $7.76M sold.

Based on aggregated 13F filings for Q3 2018.