Prospect Capital
PSEC
192 hedge funds and large institutions have $267M invested in Prospect Capital in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 62 increasing their positions, 56 reducing their positions, and 30 closing their positions.
27% more capital invested
Capital invested by funds: $211M → $267M (+$56.4M)
21% more call options, than puts
Call options by funds: $7.44M | Put options by funds: $6.13M
11% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 56
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.2% less ownership
Funds ownership: 10.24% → 9.04% (-1.2%)
4% less funds holding
Funds holding: 200 → 192 (-8)
13% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.8M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$1.7M |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$1.06M |
| 4 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
+$1.06M |
| 5 |
LPL Financial
San Diego,
California
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.71M |
| 2 |
Two Sigma Investments
New York
|
-$6.13M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$4.41M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.64M |
| 5 |
Two Sigma Advisers
New York
|
-$1.73M |
PSEC Hedge Fund Activity: Q1 2021 in Review
192 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2021, worth a combined $267M — up 27% from $211M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of PSEC and 26 opened new positions — a net loss of 4 holders — while 56 trimmed existing stakes and 62 added.
The largest buyer was Morgan Stanley, adding an estimated $1.8M. The largest seller was Arrowstreet Capital, cutting an estimated $8.71M.
- 192 institutional investors held Prospect Capital (PSEC) as of Q1 2021, down from 200 in Q4 2020.
- Funds reported $267M of Prospect Capital stock for Q1 2021, up 27% quarter-over-quarter.
- 26 funds opened new Prospect Capital positions in Q1 2021 and 30 closed out, a net change of -4 holders.
- The largest Prospect Capital buyer in Q1 2021 was Morgan Stanley, an estimated $1.8M added.
- The largest Prospect Capital seller in Q1 2021 was Arrowstreet Capital, an estimated $8.71M sold.
Based on aggregated 13F filings for Q1 2021.