Prospect Capital
PSEC
222 hedge funds and large institutions have $457M invested in Prospect Capital in 2015 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 87 increasing their positions, 59 reducing their positions, and 29 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 59
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
14% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 29
7% more capital invested
Capital invested by funds: $428M → $457M (+$29.1M)
1% more funds holding
Funds holding: 219 → 222 (+3)
60% less call options, than puts
Call options by funds: $3.62M | Put options by funds: $8.97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$11.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$8.98M |
| 3 |
MUSU
Mitsubishi UFJ Securities (USA)
New York
|
+$8.96M |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$8.07M |
| 5 |
SC
Selz Capital
New York
|
+$7.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.06M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$8.66M |
| 3 |
Two Sigma Investments
New York
|
-$7.51M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.24M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$4.15M |
PSEC Hedge Fund Activity: Q1 2015 in Review
222 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2015, worth a combined $457M — up 6.8% from $428M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PSEC positions and 29 closed out — a net gain of 4 holders — while 87 added to existing stakes and 59 trimmed.
The largest buyer was UBS Group, adding an estimated $11.1M. The largest seller was Millennium Management, cutting an estimated $9.06M.
- 222 institutional investors held Prospect Capital (PSEC) as of Q1 2015, up from 219 in Q4 2014.
- Funds reported $457M of Prospect Capital stock for Q1 2015, up 6.8% quarter-over-quarter.
- 33 funds opened new Prospect Capital positions in Q1 2015 and 29 closed out, a net change of +4 holders.
- The largest Prospect Capital buyer in Q1 2015 was UBS Group, an estimated $11.1M added.
- The largest Prospect Capital seller in Q1 2015 was Millennium Management, an estimated $9.06M sold.
Based on aggregated 13F filings for Q1 2015.