Prospect Capital
PSEC
191 hedge funds and large institutions have $207M invested in Prospect Capital in 2020 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 62 increasing their positions, 58 reducing their positions, and 40 closing their positions.
17% more capital invested
Capital invested by funds: $177M → $207M (+$29.5M)
7% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 58
0.55% less ownership
Funds ownership: 11.38% → 10.83% (-0.55%)
7% less funds holding
Funds holding: 206 → 191 (-15)
33% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 40
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
48% less call options, than puts
Call options by funds: $4.04M | Put options by funds: $7.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$5.38M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.79M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.45M |
| 4 |
Legal & General Group
London,
United Kingdom
|
+$1.87M |
| 5 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.61M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$2.37M |
| 3 |
MC
Muzinich & Co
New York
|
-$2.32M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$2.32M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$2.19M |
PSEC Hedge Fund Activity: Q2 2020 in Review
191 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q2 2020, worth a combined $207M — up 17% from $177M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of PSEC and 27 opened new positions — a net loss of 13 holders — while 58 trimmed existing stakes and 62 added.
The largest buyer was LSV Asset Management, adding an estimated $5.38M. The largest seller was Bank of Montreal, cutting an estimated $9.61M.
- 191 institutional investors held Prospect Capital (PSEC) as of Q2 2020, down from 206 in Q1 2020.
- Funds reported $207M of Prospect Capital stock for Q2 2020, up 17% quarter-over-quarter.
- 27 funds opened new Prospect Capital positions in Q2 2020 and 40 closed out, a net change of -13 holders.
- The largest Prospect Capital buyer in Q2 2020 was LSV Asset Management, an estimated $5.38M added.
- The largest Prospect Capital seller in Q2 2020 was Bank of Montreal, an estimated $9.61M sold.
Based on aggregated 13F filings for Q2 2020.