Prospect Capital
PSEC
232 hedge funds and large institutions have $238M invested in Prospect Capital in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 85 increasing their positions, 78 reducing their positions, and 39 closing their positions.
20% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $12.3M
9% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 78
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.67% less ownership
Funds ownership: 9.63% → 8.96% (-0.67%)
5% less funds holding
Funds holding: 244 → 232 (-12)
9% less capital invested
Capital invested by funds: $261M → $238M (-$23.6M)
23% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$4.14M |
| 2 |
XF
XML Financial
Bethesda,
Maryland
|
+$2.22M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.52M |
| 5 |
BAMF
BI Asset Management Fondsmaeglerselskab
Kobenhavn,
Denmark
|
+$849K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.27M |
| 2 |
Two Sigma Investments
New York
|
-$3.06M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$2.46M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$2.42M |
| 5 |
Millennium Management
New York
|
-$1.97M |
PSEC Hedge Fund Activity: Q1 2024 in Review
232 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2024, worth a combined $238M — down 9% from $261M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of PSEC and 30 opened new positions — a net loss of 9 holders — while 78 trimmed existing stakes and 85 added.
The largest buyer was VanEck Associates, adding an estimated $4.14M. The largest seller was Morgan Stanley, cutting an estimated $8.27M.
- 232 institutional investors held Prospect Capital (PSEC) as of Q1 2024, down from 244 in Q4 2023.
- Funds reported $238M of Prospect Capital stock for Q1 2024, down 9% quarter-over-quarter.
- 30 funds opened new Prospect Capital positions in Q1 2024 and 39 closed out, a net change of -9 holders.
- The largest Prospect Capital buyer in Q1 2024 was VanEck Associates, an estimated $4.14M added.
- The largest Prospect Capital seller in Q1 2024 was Morgan Stanley, an estimated $8.27M sold.
Based on aggregated 13F filings for Q1 2024.