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Prospect Capital

213 hedge funds and large institutions have $448M invested in Prospect Capital in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 80 increasing their positions, 63 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 63

0.59% less ownership

Funds ownership: 15.9%15.31% (-0.59%)

2% less funds holding

Funds holding: 218213 (-5)

11% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 28

13% less capital invested

Capital invested by funds: $517M → $448M (-$69.1M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

90% less call options, than puts

Call options by funds: $5.03M | Put options by funds: $52.3M

Holders
213
Holders Change
-5
Holders Change %
-2.29%
% of All Funds
5.31%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
25
Increased
80
Reduced
63
Closed
28
Calls
$5.03M
Puts
$52.3M
Net Calls
-$47.3M
Net Calls Change
-$2.02M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
126
Citigroup
New York
$240K -$1.13M -131,530 -82%
SFA
127
Sequoia Financial Advisors
Ohio
$237K -$46.3K -5,396 -16%
Manulife (Manufacturers Life Insurance)
128
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$235K +$29.5K +3,437 +13%
PCMC
129
Paragon Capital Management (Colorado)
Colorado
$234K +$88K +10,267 +55%
HAG
130
HighPoint Advisor Group
Illinois
$222K
RhumbLine Advisers
131
RhumbLine Advisers
Massachusetts
$218K +$600 +70 +0.3%
Verition Fund Management
132
Verition Fund Management
Connecticut
$207K +$101K +11,803 +86%
TCM
133
Trent Capital Management
North Carolina
$185K +$195K +22,765 New
RCA
134
Rowland Carmichael Advisors
Arizona
$184K
JP Morgan Chase
135
JP Morgan Chase
New York
$181K +$19.6K +2,282 +11%
HighTower Advisors
136
HighTower Advisors
Illinois
$174K +$6.49K +757 +4%
FDCDDQ
137
Federation des caisses Desjardins du Quebec
Quebec, Canada
$173K
RJT
138
Raymond James Trust
Florida
$163K
B
139
BancorpSouth
Mississippi
$162K -$42.9K -5,000 -20%
ICA
140
Infrastructure Capital Advisors
New York
$161K
Sumitomo Mitsui Trust Group
141
Sumitomo Mitsui Trust Group
Japan
$160K +$12.9K +1,507 +8%
CIA
142
Capital Investment Advisors
Georgia
$154K -$15.4K -1,800 -9%
ASN
143
Advisory Services Network
Georgia
$144K +$900 +105 +0.6%
SSG
144
Summit Securities Group
New York
$142K +$150K +17,500 New
NL
145
NWAM LLC
Washington
$137K +$23.2K +2,700 +19%
RIA
146
Regal Investment Advisors
Michigan
$137K +$23.3K +2,720 +19%
CIM
147
Contravisory Investment Management
Massachusetts
$128K
GXMC
148
Global X Management Company
New York
$126K
Prudential Financial
149
Prudential Financial
New Jersey
$126K
Wolverine Trading
150
Wolverine Trading
Illinois
$123K +$130K +15,196 New

PSEC Hedge Fund Activity: Q2 2017 in Review

213 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q2 2017, worth a combined $448M — down 13% from $517M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of PSEC and 25 opened new positions — a net loss of 3 holders — while 63 trimmed existing stakes and 80 added.

The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $8.13M. The largest seller was Muzinich & Co, cutting an estimated $14.5M.

  • 213 institutional investors held Prospect Capital (PSEC) as of Q2 2017, down from 218 in Q1 2017.
  • Funds reported $448M of Prospect Capital stock for Q2 2017, down 13% quarter-over-quarter.
  • 25 funds opened new Prospect Capital positions in Q2 2017 and 28 closed out, a net change of -3 holders.
  • The largest Prospect Capital buyer in Q2 2017 was Arrowstreet Capital, an estimated $8.13M added.
  • The largest Prospect Capital seller in Q2 2017 was Muzinich & Co, an estimated $14.5M sold.

Based on aggregated 13F filings for Q2 2017.