Prospect Capital
PSEC
250 hedge funds and large institutions have $229M invested in Prospect Capital in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 87 increasing their positions, 61 reducing their positions, and 30 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
43% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 61
27% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 30
2% more funds holding
Funds holding: 246 → 250 (+4)
0.18% less ownership
Funds ownership: 7.8% → 7.62% (-0.18%)
4% less capital invested
Capital invested by funds: $239M → $229M (-$9.96M)
10% less call options, than puts
Call options by funds: $9.88M | Put options by funds: $11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$2.58M |
| 2 |
XF
XML Financial
Bethesda,
Maryland
|
+$2.56M |
| 3 |
LPL Financial
San Diego,
California
|
+$944K |
| 4 |
Legal & General Group
London,
United Kingdom
|
+$733K |
| 5 |
Millennium Management
New York
|
+$582K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.11M |
| 2 |
Two Sigma Advisers
New York
|
-$2.79M |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$2.3M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.03M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$966K |
PSEC Hedge Fund Activity: Q1 2023 in Review
250 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2023, worth a combined $229M — down 4.2% from $239M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PSEC positions and 30 closed out — a net gain of 8 holders — while 87 added to existing stakes and 61 trimmed.
The largest buyer was VanEck Associates, adding an estimated $2.58M. The largest seller was BlackRock, cutting an estimated $3.11M.
- 250 institutional investors held Prospect Capital (PSEC) as of Q1 2023, up from 246 in Q4 2022.
- Funds reported $229M of Prospect Capital stock for Q1 2023, down 4.2% quarter-over-quarter.
- 38 funds opened new Prospect Capital positions in Q1 2023 and 30 closed out, a net change of +8 holders.
- The largest Prospect Capital buyer in Q1 2023 was VanEck Associates, an estimated $2.58M added.
- The largest Prospect Capital seller in Q1 2023 was BlackRock, an estimated $3.11M sold.
Based on aggregated 13F filings for Q1 2023.