Prospect Capital
PSEC
218 hedge funds and large institutions have $306M invested in Prospect Capital in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 53 increasing their positions, 80 reducing their positions, and 31 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
1% less funds holding
Funds holding: 221 → 218 (-3)
1.4% less ownership
Funds ownership: 14.31% → 12.91% (-1.4%)
12% less capital invested
Capital invested by funds: $347M → $306M (-$41.7M)
34% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 80
74% less call options, than puts
Call options by funds: $6.47M | Put options by funds: $24.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$19.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.79M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.13M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.14M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$15.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.8M |
| 3 |
Two Sigma Investments
New York
|
-$6.81M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.19M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.83M |
PSEC Hedge Fund Activity: Q1 2018 in Review
218 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2018, worth a combined $306M — down 12% from $347M a quarter earlier.
Fund positioning in PSEC was balanced in Q1 2018: 31 funds opened new positions, 31 closed out, 53 added to existing stakes and 80 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $19.3M. The largest seller was Bank of Montreal, cutting an estimated $15.9M.
- 218 institutional investors held Prospect Capital (PSEC) as of Q1 2018, down from 221 in Q4 2017.
- Funds reported $306M of Prospect Capital stock for Q1 2018, down 12% quarter-over-quarter.
- 31 funds opened new Prospect Capital positions in Q1 2018 and 31 closed out, a net change of 0 holders.
- The largest Prospect Capital buyer in Q1 2018 was LSV Asset Management, an estimated $19.3M added.
- The largest Prospect Capital seller in Q1 2018 was Bank of Montreal, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2018.