Prospect Capital
PSEC
216 hedge funds and large institutions have $294M invested in Prospect Capital in 2018 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 58 increasing their positions, 70 reducing their positions, and 27 closing their positions.
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.81% less ownership
Funds ownership: 12.91% → 12.1% (-0.81%)
1% less funds holding
Funds holding: 218 → 216 (-2)
4% less capital invested
Capital invested by funds: $306M → $294M (-$11.4M)
17% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 70
71% less call options, than puts
Call options by funds: $7.69M | Put options by funds: $26.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.81M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.15M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.13M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.71M |
| 5 |
NAM
Nissay Asset Management
Tokyo,
Japan
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$8.84M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.9M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$3.95M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$3.86M |
| 5 |
PMLI
Penn Mutual Life Insurance
Horsham,
Pennsylvania
|
-$2.48M |
PSEC Hedge Fund Activity: Q2 2018 in Review
216 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q2 2018, worth a combined $294M — down 3.7% from $306M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PSEC positions and 27 closed out — a net gain of 1 holder — while 58 added to existing stakes and 70 trimmed.
The largest buyer was Millennium Management, adding an estimated $5.81M. The largest seller was Muzinich & Co, cutting an estimated $8.84M.
- 216 institutional investors held Prospect Capital (PSEC) as of Q2 2018, down from 218 in Q1 2018.
- Funds reported $294M of Prospect Capital stock for Q2 2018, down 3.7% quarter-over-quarter.
- 28 funds opened new Prospect Capital positions in Q2 2018 and 27 closed out, a net change of +1 holder.
- The largest Prospect Capital buyer in Q2 2018 was Millennium Management, an estimated $5.81M added.
- The largest Prospect Capital seller in Q2 2018 was Muzinich & Co, an estimated $8.84M sold.
Based on aggregated 13F filings for Q2 2018.