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Prospect Capital

221 hedge funds and large institutions have $347M invested in Prospect Capital in 2017 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 53 increasing their positions, 86 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

34% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 35

5% more funds holding

Funds holding: 210221 (+11)

1.4% less ownership

Funds ownership: 15.71%14.31% (-1.4%)

9% less capital invested

Capital invested by funds: $380M → $347M (-$32.8M)

38% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 86

58% less call options, than puts

Call options by funds: $22.1M | Put options by funds: $52.5M

Holders
221
Holders Change
+11
Holders Change %
+5.24%
% of All Funds
5.01%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
47
Increased
53
Reduced
86
Closed
35
Calls
$22.1M
Puts
$52.5M
Net Calls
-$30.3M
Net Calls Change
+$2.04M
Name Holding Trade Value Shares
Change
Change in
Stake
RCA
126
Rowland Carmichael Advisors
Arizona
$153K
ACI
127
Alpha Cubed Investments
California
$153K +$148K +22,766 New
TU
128
TDAM USA
Ontario, Canada
$152K +$147K +22,500 New
GP
129
GLG Partners
United Kingdom
$152K +$147K +22,600 New
FGC
130
Financial Gravity Companies
Texas
$150K +$152K +23,247 New
Sumitomo Mitsui Trust Group
131
Sumitomo Mitsui Trust Group
Japan
$149K +$1.84K +282 +1%
FDCDDQ
132
Federation des caisses Desjardins du Quebec
Quebec, Canada
$144K
EFS
133
Essex Financial Services
Connecticut
$142K -$161K -24,690 -54%
KI
134
Koch Industries
Kansas
$141K -$474K -72,670 -78%
Citigroup
135
Citigroup
New York
$141K -$17.8K -2,727 -12%
HFS
136
HL Financial Services
Kentucky
$140K -$1.06M -161,996 -89%
PCIA
137
Prime Capital Investment Advisors
Kansas
$130K +$126K +19,340 New
ICA
138
Infrastructure Capital Advisors
New York
$127K -$6.52K -1,000 -5%
VC
139
Vicus Capital
Pennsylvania
$123K +$45.6K +7,000 +63%
ACP
140
Aviance Capital Partners
Florida
$115K -$56.6K -8,685 -34%
WB
141
WesBanco Bank
West Virginia
$107K +$104K +15,917 New
Prudential Financial
142
Prudential Financial
New Jersey
$104K
Manulife (Manufacturers Life Insurance)
143
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$102K -$76.4K -11,711 -44%
BCAM
144
Boston Common Asset Management
Massachusetts
$101K
CIA
145
Capital Investment Advisors
Georgia
$101K
KA
146
Kovack Advisors
Florida
$101K +$97.5K +14,955 New
CIBC Asset Management
147
CIBC Asset Management
Ontario, Canada
$95K
BTS
148
BB&T Securities
Virginia
$94K -$13.7K -2,100 -13%
BAM
149
Belpointe Asset Management
Nevada
$94K +$91K +13,963 New
SRC
150
Shufro Rose & Co
New York
$92K -$1.04M -159,698 -92%

PSEC Hedge Fund Activity: Q4 2017 in Review

221 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2017, worth a combined $347M — down 8.6% from $380M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new PSEC positions and 35 closed out — a net gain of 12 holders — while 53 added to existing stakes and 86 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $10.5M. The largest seller was Bank of Montreal, cutting an estimated $24.1M.

  • 221 institutional investors held Prospect Capital (PSEC) as of Q4 2017, up from 210 in Q3 2017.
  • Funds reported $347M of Prospect Capital stock for Q4 2017, down 8.6% quarter-over-quarter.
  • 47 funds opened new Prospect Capital positions in Q4 2017 and 35 closed out, a net change of +12 holders.
  • The largest Prospect Capital buyer in Q4 2017 was Two Sigma Investments, an estimated $10.5M added.
  • The largest Prospect Capital seller in Q4 2017 was Bank of Montreal, an estimated $24.1M sold.

Based on aggregated 13F filings for Q4 2017.