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Prospect Capital

206 hedge funds and large institutions have $177M invested in Prospect Capital in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 78 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3.42% less ownership

Funds ownership: 14.8%11.38% (-3.4%)

7% less funds holding

Funds holding: 221206 (-15)

24% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 38

24% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 78

49% less capital invested

Capital invested by funds: $350M → $177M (-$173M)

55% less call options, than puts

Call options by funds: $2.54M | Put options by funds: $5.59M

Holders
206
Holders Change
-15
Holders Change %
-6.79%
% of All Funds
4.54%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
29
Increased
59
Reduced
78
Closed
38
Calls
$2.54M
Puts
$5.59M
Net Calls
-$3.05M
Net Calls Change
+$12M
Name Holding Trade Value Shares
Change
Change in
Stake
MIAN
26
Mariner Independent Advisor Network
Kansas
$1.14M +$203K +34,374 +14%
US Bancorp
27
US Bancorp
Minnesota
$1.06M -$369K -62,446 -20%
Mackenzie Financial
28
Mackenzie Financial
Ontario, Canada
$976K -$3.64M -615,955 -73%
IAIM
29
International Assets Investment Management
Florida
$911K +$1.44M +243,601 New
GC
30
Guggenheim Capital
Illinois
$857K +$19.9K +3,370 +2%
DC
31
Davenport & Co
Virginia
$855K -$180K -30,500 -13%
Truist Financial
32
Truist Financial
North Carolina
$831K +$406K +68,740 +54%
JP Morgan Chase
33
JP Morgan Chase
New York
$817K -$632K -107,042 -36%
Northern Trust
34
Northern Trust
Illinois
$802K +$60.2K +10,186 +6%
GAMC
35
Garner Asset Management Corp
Texas
$795K +$336K +56,900 +44%
AIMCA
36
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$755K
Wells Fargo
37
Wells Fargo
California
$724K +$403K +68,265 +67%
APW
38
Aurora Private Wealth
New Jersey
$712K +$469K +79,374 +90%
NAM
39
Nissay Asset Management
Japan
$699K -$1.44M -244,566 -60%
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$693K +$15.9K +2,686 +2%
Macquarie Group
41
Macquarie Group
Australia
$684K
SCA
42
SMH Capital Advisors
Texas
$679K +$15.1K +2,565 +2%
DnB Asset Management
43
DnB Asset Management
Norway
$678K -$64.6K -10,944 -6%
CCA
44
Catalyst Capital Advisors
New York
$539K
SBIA
45
Sheaff Brock Investment Advisors
Indiana
$507K -$32.2K -5,450 -4%
ASN
46
Advisory Services Network
Georgia
$475K +$3.07K +520 +0.5%
AAM
47
Advisors Asset Management
Colorado
$456K -$37.3K -6,323 -6%
RJA
48
Raymond James & Associates
Florida
$450K -$129K -21,843 -17%
Canada Life
49
Canada Life
Manitoba, Canada
$433K +$4.44K +752 +0.7%
SPC
50
Sigma Planning Corp
Michigan
$432K -$55K -9,309 -8%

PSEC Hedge Fund Activity: Q1 2020 in Review

206 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2020, worth a combined $177M — down 49% from $350M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of PSEC and 29 opened new positions — a net loss of 9 holders — while 78 trimmed existing stakes and 59 added.

The largest buyer was Sumitomo Mitsui Trust Group, opening a new position worth an estimated $14.5M. The largest seller was Arrowstreet Capital, cutting an estimated $20.5M.

  • 206 institutional investors held Prospect Capital (PSEC) as of Q1 2020, down from 221 in Q4 2019.
  • Funds reported $177M of Prospect Capital stock for Q1 2020, down 49% quarter-over-quarter.
  • 29 funds opened new Prospect Capital positions in Q1 2020 and 38 closed out, a net change of -9 holders.
  • The largest Prospect Capital buyer in Q1 2020 was Sumitomo Mitsui Trust Group, an estimated $14.5M added.
  • The largest Prospect Capital seller in Q1 2020 was Arrowstreet Capital, an estimated $20.5M sold.

Based on aggregated 13F filings for Q1 2020.