Prospect Capital
PSEC
200 hedge funds and large institutions have $211M invested in Prospect Capital in 2020 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 55 increasing their positions, 68 reducing their positions, and 17 closing their positions.
82% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 17
7% more capital invested
Capital invested by funds: $197M → $211M (+$14.1M)
6% more funds holding
Funds holding: 189 → 200 (+11)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.15% less ownership
Funds ownership: 10.39% → 10.24% (-0.15%)
19% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 68
63% less call options, than puts
Call options by funds: $1.89M | Put options by funds: $5.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.71M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.84M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.82M |
| 4 |
VanEck Associates
New York
|
+$1.45M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$3.09M |
| 2 |
MC
Muzinich & Co
New York
|
-$2.35M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$2.35M |
| 4 |
Two Sigma Advisers
New York
|
-$2.25M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.02M |
PSEC Hedge Fund Activity: Q4 2020 in Review
200 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2020, worth a combined $211M — up 7.2% from $197M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PSEC positions and 17 closed out — a net gain of 14 holders — while 55 added to existing stakes and 68 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.71M. The largest seller was LSV Asset Management, cutting an estimated $3.09M.
- 200 institutional investors held Prospect Capital (PSEC) as of Q4 2020, up from 189 in Q3 2020.
- Funds reported $211M of Prospect Capital stock for Q4 2020, up 7.2% quarter-over-quarter.
- 31 funds opened new Prospect Capital positions in Q4 2020 and 17 closed out, a net change of +14 holders.
- The largest Prospect Capital buyer in Q4 2020 was Morgan Stanley, an estimated $2.71M added.
- The largest Prospect Capital seller in Q4 2020 was LSV Asset Management, an estimated $3.09M sold.
Based on aggregated 13F filings for Q4 2020.