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Prospect Capital

239 hedge funds and large institutions have $301M invested in Prospect Capital in 2018 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 57 increasing their positions, 76 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 31

7% more funds holding

Funds holding: 224239 (+15)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

1.19% less ownership

Funds ownership: 14.24%13.05% (-1.2%)

21% less capital invested

Capital invested by funds: $381M → $301M (-$79.2M)

25% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 76

80% less call options, than puts

Call options by funds: $7.79M | Put options by funds: $39.6M

Holders
239
Holders Change
+15
Holders Change %
+6.7%
% of All Funds
5.33%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
52
Increased
57
Reduced
76
Closed
31
Calls
$7.79M
Puts
$39.6M
Net Calls
-$31.8M
Net Calls Change
-$10.5M
Name Holding Trade Value Shares
Change
Change in
Stake
OIA
101
Optimum Investment Advisors
Illinois
$252K
GWM
102
Geneos Wealth Management
Colorado
$250K -$40K -5,920 -13%
PAG
103
Private Advisor Group
New Jersey
$250K +$41.7K +6,180 +18%
IA
104
IFP Advisors
Florida
$249K -$86.8K -12,847 -25%
KBC Group
105
KBC Group
Belgium
$247K +$265K +39,178 New
TG
106
TCW Group
California
$243K +$2.7K +400 +1%
GCP
107
GSA Capital Partners
United Kingdom
$229K -$791K -117,133 -76%
DADC
108
D.A. Davidson & Co
Montana
$229K +$30.2K +4,470 +14%
TA
109
TCG Advisors
Texas
$227K +$243K +36,013 New
AAS
110
Avantax Advisory Services
Texas
$220K +$234K +34,621 New
Citigroup
111
Citigroup
New York
$218K -$1.75M -259,073 -88%
RBFC
112
Roman Butler Fullerton & Co
Missouri
$216K +$218K +32,287 New
Lido Advisors
113
Lido Advisors
California
$210K
EFS
114
Essex Financial Services
Connecticut
$205K +$36.1K +5,349 +20%
Envestnet Asset Management
115
Envestnet Asset Management
Illinois
$205K +$66K +9,769 +43%
TH
116
Timber Hill
Connecticut
$203K +$675 +100 +0.3%
AI
117
Atria Investments
North Carolina
$199K +$14.4K +2,136 +7%
BCM
118
BlueCrest Capital Management
Jersey
$196K -$1.19M -176,187 -85%
FFA
119
First Foundation Advisors
California
$191K -$24.8K -3,666 -11%
EGA
120
Eagle Global Advisors
Texas
$190K -$360K -53,340 -64%
OC
121
Oppenheimer & Co
New York
$190K
TSS
122
Two Sigma Securities
New York
$186K +$17.5K +2,585 +10%
AWM
123
Alterna Wealth Management
Texas
$175K +$188K +27,762 New
AIM
124
Advantage Investment Management
Iowa
$174K +$187K +27,616 New
TVAMP
125
Tennessee Valley Asset Management Partners
Tennessee
$171K +$183K +27,056 New

PSEC Hedge Fund Activity: Q4 2018 in Review

239 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2018, worth a combined $301M — down 21% from $381M a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new PSEC positions and 31 closed out — a net gain of 21 holders — while 57 added to existing stakes and 76 trimmed.

The largest buyer was UBS Group, adding an estimated $26.1M. The largest seller was Credit Suisse, cutting an estimated $17.6M.

  • 239 institutional investors held Prospect Capital (PSEC) as of Q4 2018, up from 224 in Q3 2018.
  • Funds reported $301M of Prospect Capital stock for Q4 2018, down 21% quarter-over-quarter.
  • 52 funds opened new Prospect Capital positions in Q4 2018 and 31 closed out, a net change of +21 holders.
  • The largest Prospect Capital buyer in Q4 2018 was UBS Group, an estimated $26.1M added.
  • The largest Prospect Capital seller in Q4 2018 was Credit Suisse, an estimated $17.6M sold.

Based on aggregated 13F filings for Q4 2018.