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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
GH
51
GAM Holding
Switzerland
$1.3M +$657K +92,947 +110%
DnB Asset Management
52
DnB Asset Management
Norway
$1.3M -$107K -15,100 -8%
Group One Trading
53
Group One Trading
Illinois
$1.29M +$1.25M +176,335 New
SCA
54
SMH Capital Advisors
Texas
$1.13M +$38.9K +5,494 +4%
GCP
55
GSA Capital Partners
United Kingdom
$1.12M -$668K -94,427 -38%
Man Group
56
Man Group
United Kingdom
$1.09M -$691K -97,711 -40%
SBIA
57
Sheaff Brock Investment Advisors
Indiana
$1.03M
Wells Fargo
58
Wells Fargo
California
$1.02M +$145K +20,499 +17%
RJA
59
Raymond James & Associates
Florida
$1.01M +$217K +30,692 +29%
VCWA
60
Vanguard Capital Wealth Advisors
Colorado
$968K +$8.54K +1,207 +0.9%
AIMCA
61
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$961K
CCA
62
Catalyst Capital Advisors
New York
$930K
GAMC
63
Garner Asset Management Corp
Texas
$914K -$3.89K -550 -0.4%
Stifel Financial
64
Stifel Financial
Missouri
$911K -$11.2K -1,585 -1%
TFCM
65
Taylor Frigon Capital Management
Arizona
$905K +$990 +140 +0.1%
SPC
66
Sigma Planning Corp
Michigan
$890K +$12.6K +1,781 +1%
DC
67
Davenport & Co
Virginia
$880K +$428K +60,500 +102%
SB
68
Suntrust Banks
Georgia
$875K +$530K +75,000 +169%
Royal Bank of Canada
69
Royal Bank of Canada
Ontario, Canada
$830K -$14.9K -2,113 -2%
SGCA
70
Steel Grove Capital Advisors
Tennessee
$829K +$10.3K +1,453 +1%
TNBTD
71
Trustmark National Bank Trust Department
Mississippi
$791K
Ameriprise
72
Ameriprise
Minnesota
$777K -$32.2K -4,554 -4%
Aberdeen Group
73
Aberdeen Group
United Kingdom
$734K +$177K +25,000 +33%
WS
74
Wedbush Securities
California
$733K -$39.5K -5,583 -5%
CIBC World Market
75
CIBC World Market
Ontario, Canada
$616K -$187K -26,480 -24%

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.