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Prospect Capital

206 hedge funds and large institutions have $177M invested in Prospect Capital in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 78 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3.42% less ownership

Funds ownership: 14.8%11.38% (-3.4%)

7% less funds holding

Funds holding: 221206 (-15)

24% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 38

24% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 78

49% less capital invested

Capital invested by funds: $350M → $177M (-$173M)

55% less call options, than puts

Call options by funds: $2.54M | Put options by funds: $5.59M

Holders
206
Holders Change
-15
Holders Change %
-6.79%
% of All Funds
4.54%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
29
Increased
59
Reduced
78
Closed
38
Calls
$2.54M
Puts
$5.59M
Net Calls
-$3.05M
Net Calls Change
+$12M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
76
Credit Suisse
Switzerland
$179K +$151K +25,517 +155%
SFS
77
Sowell Financial Services
Arkansas
$176K +$7.22K +1,222 +3%
Bank of America
78
Bank of America
North Carolina
$172K -$14.9K -2,524 -6%
BCP
79
Berkeley Capital Partners
Georgia
$171K +$238K +40,243 New
CSS
80
Cubist Systematic Strategies
Connecticut
$170K -$614K -103,884 -72%
PP
81
Paloma Partners
Connecticut
$167K -$374K -63,361 -62%
Squarepoint
82
Squarepoint
New York
$166K -$88.2K -14,935 -28%
FIM
83
Freedom Investment Management
Connecticut
$166K +$23.5K +3,971 +19%
Voloridge Investment Management
84
Voloridge Investment Management
Florida
$163K -$14.6K -2,464 -6%
SG Americas Securities
85
SG Americas Securities
New York
$161K -$62.6K -10,600 -22%
AWM
86
AE Wealth Management
Kansas
$159K +$83.8K +14,191 +61%
Balyasny Asset Management
87
Balyasny Asset Management
Illinois
$154K -$923K -156,310 -81%
KCM
88
Kathmere Capital Management
Pennsylvania
$154K
WA
89
Wealthstar Advisors
Texas
$150K -$23.5K -3,977 -10%
AAS
90
Avantax Advisory Services
Texas
$149K +$2.21K +374 +1%
CBA
91
Coastal Bridge Advisors
Connecticut
$149K +$73.8K +12,497 +55%
CCM
92
Corsair Capital Management
New York
$149K +$207K +35,000 New
CAN
93
Cetera Advisor Networks
California
$142K +$6.51K +1,102 +3%
HighTower Advisors
94
HighTower Advisors
Illinois
$141K -$1M -169,893 -84%
Group One Trading
95
Group One Trading
Illinois
$140K -$658K -111,490 -77%
FAAS
96
First Allied Advisory Services
California
$137K +$44.5K +7,535 +30%
CC
97
Cipher Capital
New York
$129K -$421K -71,312 -70%
GWM
98
Geneos Wealth Management
Colorado
$128K -$827 -140 -0.5%
William Blair & Company
99
William Blair & Company
Illinois
$126K +$30.9K +5,240 +21%
CIBC World Market
100
CIBC World Market
Ontario, Canada
$123K -$27.6K -4,681 -14%

PSEC Hedge Fund Activity: Q1 2020 in Review

206 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2020, worth a combined $177M — down 49% from $350M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of PSEC and 29 opened new positions — a net loss of 9 holders — while 78 trimmed existing stakes and 59 added.

The largest buyer was Sumitomo Mitsui Trust Group, opening a new position worth an estimated $14.5M. The largest seller was Arrowstreet Capital, cutting an estimated $20.5M.

  • 206 institutional investors held Prospect Capital (PSEC) as of Q1 2020, down from 221 in Q4 2019.
  • Funds reported $177M of Prospect Capital stock for Q1 2020, down 49% quarter-over-quarter.
  • 29 funds opened new Prospect Capital positions in Q1 2020 and 38 closed out, a net change of -9 holders.
  • The largest Prospect Capital buyer in Q1 2020 was Sumitomo Mitsui Trust Group, an estimated $14.5M added.
  • The largest Prospect Capital seller in Q1 2020 was Arrowstreet Capital, an estimated $20.5M sold.

Based on aggregated 13F filings for Q1 2020.