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Prospect Capital

221 hedge funds and large institutions have $347M invested in Prospect Capital in 2017 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 53 increasing their positions, 86 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

34% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 35

5% more funds holding

Funds holding: 210221 (+11)

1.4% less ownership

Funds ownership: 15.71%14.31% (-1.4%)

9% less capital invested

Capital invested by funds: $380M → $347M (-$32.8M)

38% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 86

58% less call options, than puts

Call options by funds: $22.1M | Put options by funds: $52.5M

Holders
221
Holders Change
+11
Holders Change %
+5.24%
% of All Funds
5.01%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
47
Increased
53
Reduced
86
Closed
35
Calls
$22.1M
Puts
$52.5M
Net Calls
-$30.3M
Net Calls Change
+$2.04M
Name Holding Trade Value Shares
Change
Change in
Stake
GFPC
101
Global Financial Private Capital
Florida
$279K +$463 +71 +0.2%
HCM
102
Highlander Capital Management
New Jersey
$263K
DADC
103
D.A. Davidson & Co
Montana
$252K -$97.6K -14,963 -29%
RIA
104
Regal Investment Advisors
Michigan
$241K +$117K +17,906 +100%
GXMC
105
Global X Management Company
New York
$238K +$57.9K +8,878 +34%
Wolverine Trading
106
Wolverine Trading
Illinois
$235K -$32.4K -4,967 -12%
PNC Financial Services Group
107
PNC Financial Services Group
Pennsylvania
$235K -$13K -1,992 -5%
AIA
108
Allegis Investment Advisors
Idaho
$229K -$21K -3,221 -9%
JP Morgan Chase
109
JP Morgan Chase
New York
$228K +$75.2K +11,526 +52%
Lido Advisors
110
Lido Advisors
California
$222K
AI
111
Atria Investments
North Carolina
$221K +$83.7K +12,843 +64%
OC
112
Oppenheimer & Co
New York
$220K -$148K -22,650 -41%
IH
113
IFC Holdings
Florida
$215K -$16.2K -2,488 -7%
AWA
114
Arete Wealth Advisors
Illinois
$214K -$26.1K -4,000 -11%
M&T Bank
115
M&T Bank
New York
$202K
PCMC
116
Paragon Capital Management (Colorado)
Colorado
$201K -$183 -28 -0.1%
BRWA
117
B. Riley Wealth Advisors
Florida
$199K -$80.3K -12,307 -30%
CIAS
118
Capital Investment Advisory Services
North Carolina
$187K -$114K -17,500 -39%
RhumbLine Advisers
119
RhumbLine Advisers
Massachusetts
$182K +$443 +68 +0.3%
Janney Montgomery Scott
120
Janney Montgomery Scott
Pennsylvania
$171K -$407K -62,380 -71%
QT
121
Quantbot Technologies
New York
$169K -$125K -19,098 -43%
UWM
122
USAdvisors Wealth Management
Minnesota
$164K +$158K +24,300 New
D.E. Shaw & Co
123
D.E. Shaw & Co
New York
$162K -$3.61M -553,076 -96%
Squarepoint
124
Squarepoint
New York
$161K +$156K +23,869 New
TH
125
Timber Hill
Connecticut
$161K +$156K +23,915 New

PSEC Hedge Fund Activity: Q4 2017 in Review

221 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2017, worth a combined $347M — down 8.6% from $380M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new PSEC positions and 35 closed out — a net gain of 12 holders — while 53 added to existing stakes and 86 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $10.5M. The largest seller was Bank of Montreal, cutting an estimated $24.1M.

  • 221 institutional investors held Prospect Capital (PSEC) as of Q4 2017, up from 210 in Q3 2017.
  • Funds reported $347M of Prospect Capital stock for Q4 2017, down 8.6% quarter-over-quarter.
  • 47 funds opened new Prospect Capital positions in Q4 2017 and 35 closed out, a net change of +12 holders.
  • The largest Prospect Capital buyer in Q4 2017 was Two Sigma Investments, an estimated $10.5M added.
  • The largest Prospect Capital seller in Q4 2017 was Bank of Montreal, an estimated $24.1M sold.

Based on aggregated 13F filings for Q4 2017.