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Prospect Capital

221 hedge funds and large institutions have $350M invested in Prospect Capital in 2019 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 77 increasing their positions, 64 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 24

20% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 64

14% more capital invested

Capital invested by funds: $306M → $350M (+$43.5M)

7% more funds holding

Funds holding: 207221 (+14)

2.14% more ownership

Funds ownership: 12.66%14.8% (+2.1%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

89% less call options, than puts

Call options by funds: $1.95M | Put options by funds: $17M

Holders
221
Holders Change
+14
Holders Change %
+6.76%
% of All Funds
4.35%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.06%
New
39
Increased
77
Reduced
64
Closed
24
Calls
$1.95M
Puts
$17M
Net Calls
-$15.1M
Net Calls Change
+$1.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Lido Advisors
101
Lido Advisors
California
$245K +$30.4K +4,666 +14%
AG
102
Aperio Group
California
$244K -$55.5K -8,527 -18%
KCM
103
Kathmere Capital Management
Pennsylvania
$234K +$237K +36,339 New
SCA
104
Sage Capital Advisors
South Dakota
$233K +$20.7K +3,184 +10%
AAS
105
Avantax Advisory Services
Texas
$222K +$14.1K +2,171 +7%
DADC
106
D.A. Davidson & Co
Montana
$220K -$17.1K -2,622 -7%
CIBC World Market
107
CIBC World Market
Ontario, Canada
$216K -$106K -16,330 -33%
PFS
108
Prospera Financial Services
Texas
$215K -$632 -97 -0.3%
CAN
109
Cetera Advisor Networks
California
$207K -$200K -30,656 -49%
AI
110
Atria Investments
North Carolina
$196K -$5.39K -828 -3%
RFN
111
RDA Financial Network
Iowa
$187K -$20.6K -3,158 -10%
OFS
112
OneAscent Financial Services
Alabama
$187K +$189K +28,977 New
GWM
113
Geneos Wealth Management
Colorado
$186K -$53.1K -8,145 -22%
TH
114
Timber Hill
Connecticut
$180K -$150K -23,000 -45%
SS
115
Sunbelt Securities
Texas
$173K +$2.16K +332 +1%
WP
116
WealthPLAN Partners
Nebraska
$171K -$17.2K -2,638 -9%
OC
117
Oppenheimer & Co
New York
$171K +$1.25K +192 +0.7%
GCP
118
GSA Capital Partners
United Kingdom
$162K +$68.4K +10,494 +71%
FAAS
119
First Allied Advisory Services
California
$159K -$71.6K -10,988 -31%
RCA
120
Rowland Carmichael Advisors
Arizona
$158K +$11.7K +1,800 +8%
William Blair & Company
121
William Blair & Company
Illinois
$157K -$5.89K -905 -4%
BWM
122
BT Wealth Management
Georgia
$154K +$14.6K +2,240 +10%
BAM
123
Belpointe Asset Management
Nevada
$153K +$2.61K +400 +2%
AFAS
124
Acorn Financial Advisory Services
Virginia
$153K +$155K +23,798 New
SWP
125
Stratos Wealth Partners
Ohio
$152K -$3.37K -517 -2%

PSEC Hedge Fund Activity: Q4 2019 in Review

221 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2019, worth a combined $350M — up 14% from $306M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new PSEC positions and 24 closed out — a net gain of 15 holders — while 77 added to existing stakes and 64 trimmed.

The largest buyer was Independent Advisor Alliance, adding an estimated $10.7M. The largest seller was Allianz Asset Management, cutting an estimated $5.26M.

  • 221 institutional investors held Prospect Capital (PSEC) as of Q4 2019, up from 207 in Q3 2019.
  • Funds reported $350M of Prospect Capital stock for Q4 2019, up 14% quarter-over-quarter.
  • 39 funds opened new Prospect Capital positions in Q4 2019 and 24 closed out, a net change of +15 holders.
  • The largest Prospect Capital buyer in Q4 2019 was Independent Advisor Alliance, an estimated $10.7M added.
  • The largest Prospect Capital seller in Q4 2019 was Allianz Asset Management, an estimated $5.26M sold.

Based on aggregated 13F filings for Q4 2019.