Prospect Capital
PSEC
216 hedge funds and large institutions have $338M invested in Prospect Capital in 2016 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 69 increasing their positions, 63 reducing their positions, and 18 closing their positions.
94% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 18
9% more capital invested
Capital invested by funds: $311M → $338M (+$26.8M)
6% more funds holding
Funds holding: 204 → 216 (+12)
10% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 63
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
94% less call options, than puts
Call options by funds: $3.66M | Put options by funds: $60.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$7.6M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$4.33M |
| 3 |
Two Sigma Investments
New York
|
+$3.73M |
| 4 |
Two Sigma Advisers
New York
|
+$2.91M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.58M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.44M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.17M |
| 4 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
-$2.08M |
| 5 |
MBT
Montecito Bank & Trust
Santa Barbara,
California
|
-$1.56M |
PSEC Hedge Fund Activity: Q3 2016 in Review
216 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q3 2016, worth a combined $338M — up 8.6% from $311M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PSEC positions and 18 closed out — a net gain of 17 holders — while 69 added to existing stakes and 63 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $7.6M. The largest seller was Morgan Stanley, cutting an estimated $5.58M.
- 216 institutional investors held Prospect Capital (PSEC) as of Q3 2016, up from 204 in Q2 2016.
- Funds reported $338M of Prospect Capital stock for Q3 2016, up 8.6% quarter-over-quarter.
- 35 funds opened new Prospect Capital positions in Q3 2016 and 18 closed out, a net change of +17 holders.
- The largest Prospect Capital buyer in Q3 2016 was Muzinich & Co, an estimated $7.6M added.
- The largest Prospect Capital seller in Q3 2016 was Morgan Stanley, an estimated $5.58M sold.
Based on aggregated 13F filings for Q3 2016.