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Prospect Capital

221 hedge funds and large institutions have $350M invested in Prospect Capital in 2019 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 77 increasing their positions, 64 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 24

20% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 64

14% more capital invested

Capital invested by funds: $306M → $350M (+$43.5M)

7% more funds holding

Funds holding: 207221 (+14)

2.14% more ownership

Funds ownership: 12.66%14.8% (+2.1%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

89% less call options, than puts

Call options by funds: $1.95M | Put options by funds: $17M

Holders
221
Holders Change
+14
Holders Change %
+6.76%
% of All Funds
4.35%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.06%
New
39
Increased
77
Reduced
64
Closed
24
Calls
$1.95M
Puts
$17M
Net Calls
-$15.1M
Net Calls Change
+$1.3M
Name Holding Trade Value Shares
Change
Change in
Stake
CF
76
Centaurus Financial
California
$480K -$13K -2,000 -3%
AOWM
77
Alpha Omega Wealth Management
Virginia
$463K -$23.9K -3,671 -5%
BAM
78
Blueshift Asset Management
New Jersey
$435K +$440K +67,499 New
ACS
79
Archford Capital Strategies
Illinois
$433K -$13.5K -2,073 -3%
CA
80
Cetera Advisors
Colorado
$412K -$15.6K -2,400 -4%
Mirae Asset Global Investments
81
Mirae Asset Global Investments
South Korea
$397K -$38.1K -5,844 -9%
WS
82
Wedbush Securities
California
$395K -$13.4K -2,064 -3%
Creative Planning
83
Creative Planning
Kansas
$391K -$24.9K -3,825 -6%
PAG
84
Private Advisor Group
New Jersey
$373K -$264K -40,468 -41%
PSP
85
Principal Street Partners
Tennessee
$364K +$7.69K +1,180 +2%
Squarepoint
86
Squarepoint
New York
$348K +$352K +54,065 New
EGA
87
Eagle Global Advisors
Texas
$336K -$136K -20,880 -29%
EGM
88
Engineers Gate Manager
New York
$317K +$321K +49,246 New
SG Americas Securities
89
SG Americas Securities
New York
$312K -$241K -37,000 -43%
BCA
90
Biltmore Capital Advisors
New Jersey
$309K -$19.5K -3,000 -6%
NICM
91
Neo Ivy Capital Management
New York
$307K +$311K +47,698 New
Wolverine Trading
92
Wolverine Trading
Illinois
$291K +$36.1K +5,545 +14%
RBFC
93
Roman Butler Fullerton & Co
Missouri
$279K +$5.56K +854 +2%
Bank of America
94
Bank of America
North Carolina
$277K -$170K -26,117 -38%
PCMC
95
Paragon Capital Management (Colorado)
Colorado
$262K -$14.8K -2,268 -5%
Voloridge Investment Management
96
Voloridge Investment Management
Florida
$262K +$168K +25,842 +173%
SFS
97
Sowell Financial Services
Arkansas
$258K +$7.03K +1,079 +3%
Daiwa Securities Group
98
Daiwa Securities Group
Japan
$257K +$261K +40,000 New
WA
99
Wealthstar Advisors
Texas
$253K +$365 +56 +0.1%
CANY
100
Caxton Associates (New York)
New York
$251K +$253K +38,909 New

PSEC Hedge Fund Activity: Q4 2019 in Review

221 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2019, worth a combined $350M — up 14% from $306M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new PSEC positions and 24 closed out — a net gain of 15 holders — while 77 added to existing stakes and 64 trimmed.

The largest buyer was Independent Advisor Alliance, adding an estimated $10.7M. The largest seller was Allianz Asset Management, cutting an estimated $5.26M.

  • 221 institutional investors held Prospect Capital (PSEC) as of Q4 2019, up from 207 in Q3 2019.
  • Funds reported $350M of Prospect Capital stock for Q4 2019, up 14% quarter-over-quarter.
  • 39 funds opened new Prospect Capital positions in Q4 2019 and 24 closed out, a net change of +15 holders.
  • The largest Prospect Capital buyer in Q4 2019 was Independent Advisor Alliance, an estimated $10.7M added.
  • The largest Prospect Capital seller in Q4 2019 was Allianz Asset Management, an estimated $5.26M sold.

Based on aggregated 13F filings for Q4 2019.