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Prospect Capital

232 hedge funds and large institutions have $238M invested in Prospect Capital in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 85 increasing their positions, 78 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more call options, than puts

Call options by funds: $14.7M | Put options by funds: $12.3M

9% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 78

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.67% less ownership

Funds ownership: 9.63%8.96% (-0.67%)

5% less funds holding

Funds holding: 244232 (-12)

9% less capital invested

Capital invested by funds: $261M → $238M (-$23.6M)

23% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 39

Holders
232
Holders Change
-12
Holders Change %
-4.92%
% of All Funds
3.34%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
30
Increased
85
Reduced
78
Closed
39
Calls
$14.7M
Puts
$12.3M
Net Calls
+$2.43M
Net Calls Change
+$45.5M
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
101
PNC Financial Services Group
Pennsylvania
$191K +$2.98K +518 +2%
IA
102
IFG Advisory
Georgia
$183K -$17.3K -3,000 -8%
N
103
Natixis
France
$182K +$63 +11 +0%
CB
104
Cadence Bank
Mississippi
$174K +$5.59K +971 +3%
SWA
105
Strategies Wealth Advisors
Michigan
$169K +$10.9K +1,902 +7%
Goldman Sachs
106
Goldman Sachs
New York
$163K -$193K -33,553 -53%
SS
107
Sunbelt Securities
Texas
$163K +$524 +91 +0.3%
FI
108
FWG Investments
Kentucky
$162K -$5.81K -1,009 -3%
Envestnet Asset Management
109
Envestnet Asset Management
Illinois
$162K +$93.1K +16,181 +124%
AFP
110
Ausdal Financial Partners
Iowa
$160K -$1.06K -185 -0.6%
OC
111
Oppenheimer & Co
New York
$160K +$2.3K +400 +1%
MWM
112
Modern Wealth Management
Kansas
$158K +$6.01K +1,045 +4%
DCM
113
Dudley Capital Management
Virginia
$156K
CF
114
Copperwynd Financial
Arizona
$147K +$153K +26,657 New
TCM
115
Triumph Capital Management
Colorado
$145K -$322K -55,937 -68%
IFG
116
Independent Financial Group
California
$144K +$12.6K +2,196 +9%
SMA
117
Sage Mountain Advisors
Georgia
$143K +$149K +25,948 New
EGA
118
Eagle Global Advisors
Texas
$143K
D.E. Shaw & Co
119
D.E. Shaw & Co
New York
$141K -$570K -98,967 -80%
ET
120
Entropy Technologies
New York
$138K +$144K +25,000 New
VCWA
121
Vanguard Capital Wealth Advisors
Colorado
$137K -$73.7K -12,798 -34%
HCM
122
Highlander Capital Management
New Jersey
$136K
Comerica Bank
123
Comerica Bank
Texas
$132K +$86.3K +15,000 +167%
RIA
124
Regal Investment Advisors
Michigan
$130K +$1.44K +250 +1%
Janney Montgomery Scott
125
Janney Montgomery Scott
Pennsylvania
$130K +$46K +8,000 +51%

PSEC Hedge Fund Activity: Q1 2024 in Review

232 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2024, worth a combined $238M — down 9% from $261M a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of PSEC and 30 opened new positions — a net loss of 9 holders — while 78 trimmed existing stakes and 85 added.

The largest buyer was VanEck Associates, adding an estimated $4.14M. The largest seller was Morgan Stanley, cutting an estimated $8.27M.

  • 232 institutional investors held Prospect Capital (PSEC) as of Q1 2024, down from 244 in Q4 2023.
  • Funds reported $238M of Prospect Capital stock for Q1 2024, down 9% quarter-over-quarter.
  • 30 funds opened new Prospect Capital positions in Q1 2024 and 39 closed out, a net change of -9 holders.
  • The largest Prospect Capital buyer in Q1 2024 was VanEck Associates, an estimated $4.14M added.
  • The largest Prospect Capital seller in Q1 2024 was Morgan Stanley, an estimated $8.27M sold.

Based on aggregated 13F filings for Q1 2024.