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Prospect Capital

221 hedge funds and large institutions have $347M invested in Prospect Capital in 2017 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 53 increasing their positions, 86 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

34% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 35

5% more funds holding

Funds holding: 210221 (+11)

1.4% less ownership

Funds ownership: 15.71%14.31% (-1.4%)

9% less capital invested

Capital invested by funds: $380M → $347M (-$32.8M)

38% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 86

58% less call options, than puts

Call options by funds: $22.1M | Put options by funds: $52.5M

Holders
221
Holders Change
+11
Holders Change %
+5.24%
% of All Funds
5.01%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
47
Increased
53
Reduced
86
Closed
35
Calls
$22.1M
Puts
$52.5M
Net Calls
-$30.3M
Net Calls Change
+$2.04M
Name Holding Trade Value Shares
Change
Change in
Stake
CAN
76
Cetera Advisor Networks
California
$582K +$192K +29,485 +51%
PAG
77
Private Advisor Group
New Jersey
$579K -$62.5K -9,592 -10%
HighTower Advisors
78
HighTower Advisors
Illinois
$530K -$116K -17,736 -18%
EGA
79
Eagle Global Advisors
Texas
$525K
AOWM
80
Alpha Omega Wealth Management
Virginia
$505K +$21.7K +3,321 +5%
IA
81
IFP Advisors
Florida
$468K -$77.3K -11,859 -15%
Ameriprise
82
Ameriprise
Minnesota
$460K +$119K +18,235 +36%
CA
83
Cetera Advisors
Colorado
$451K -$13.7K -2,100 -3%
SI
84
SII Investments
Wisconsin
$442K -$40.5K -6,206 -9%
SG Americas Securities
85
SG Americas Securities
New York
$439K +$691 +106 +0.2%
TSS
86
Two Sigma Securities
New York
$435K +$253K +38,855 +151%
FAAS
87
First Allied Advisory Services
California
$424K -$245K -37,546 -37%
AG
88
Aperio Group
California
$423K +$139K +21,357 +52%
EGM
89
Engineers Gate Manager
New York
$422K -$936K -143,537 -70%
DC
90
Davenport & Co
Virginia
$416K -$72K -11,045 -15%
PFS
91
Prospera Financial Services
Texas
$408K -$730K -111,960 -65%
GWM
92
Geneos Wealth Management
Colorado
$405K +$3.11K +477 +0.8%
SW
93
SVB Wealth
Massachusetts
$398K -$220K -33,800 -36%
ACS
94
Archford Capital Strategies
Illinois
$391K -$67.9K -10,418 -15%
FFA
95
First Foundation Advisors
California
$364K +$64.2K +9,850 +22%
SGCA
96
Steel Grove Capital Advisors
Tennessee
$327K +$6.08K +933 +2%
LA
97
Lucus Advisors
New York
$326K -$24.8K -3,809 -7%
MSAM
98
Moloney Securities Asset Management
Missouri
$324K +$5.32K +816 +2%
OIA
99
Optimum Investment Advisors
Illinois
$310K
SB
100
Suntrust Banks
Georgia
$299K +$17.5K +2,679 +6%

PSEC Hedge Fund Activity: Q4 2017 in Review

221 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2017, worth a combined $347M — down 8.6% from $380M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new PSEC positions and 35 closed out — a net gain of 12 holders — while 53 added to existing stakes and 86 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $10.5M. The largest seller was Bank of Montreal, cutting an estimated $24.1M.

  • 221 institutional investors held Prospect Capital (PSEC) as of Q4 2017, up from 210 in Q3 2017.
  • Funds reported $347M of Prospect Capital stock for Q4 2017, down 8.6% quarter-over-quarter.
  • 47 funds opened new Prospect Capital positions in Q4 2017 and 35 closed out, a net change of +12 holders.
  • The largest Prospect Capital buyer in Q4 2017 was Two Sigma Investments, an estimated $10.5M added.
  • The largest Prospect Capital seller in Q4 2017 was Bank of Montreal, an estimated $24.1M sold.

Based on aggregated 13F filings for Q4 2017.