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Prospect Capital

224 hedge funds and large institutions have $381M invested in Prospect Capital in 2018 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 70 increasing their positions, 69 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 20

29% more capital invested

Capital invested by funds: $294M → $381M (+$86.1M)

4% more funds holding

Funds holding: 216224 (+8)

2.15% more ownership

Funds ownership: 12.1%14.24% (+2.1%)

1% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 69

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

86% less call options, than puts

Call options by funds: $3.57M | Put options by funds: $24.9M

Holders
224
Holders Change
+8
Holders Change %
+3.7%
% of All Funds
5.12%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
29
Increased
70
Reduced
69
Closed
20
Calls
$3.57M
Puts
$24.9M
Net Calls
-$21.3M
Net Calls Change
-$2.89M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
126
Envestnet Asset Management
Illinois
$167K -$12.7K -1,801 -7%
RCA
127
Rowland Carmichael Advisors
Arizona
$166K
Janney Montgomery Scott
128
Janney Montgomery Scott
Pennsylvania
$156K -$17.4K -2,457 -10%
TU
129
TDAM USA
Ontario, Canada
$156K
VF
130
Virtu Financial
New York
$155K -$399K -56,434 -73%
William Blair & Company
131
William Blair & Company
Illinois
$147K +$49.5K +7,000 +54%
SWP
132
Stratos Wealth Partners
Ohio
$143K -$6.08K -859 -4%
PCIA
133
Prime Capital Investment Advisors
Kansas
$142K -$24K -3,390 -15%
RMCM
134
Reynders McVeigh Capital Management
Massachusetts
$137K +$132K +18,700 New
FRM
135
Fox Run Management
Connecticut
$133K -$82.3K -11,637 -39%
SW
136
SVB Wealth
Massachusetts
$132K -$70.7K -10,000 -36%
Sumitomo Mitsui Trust Group
137
Sumitomo Mitsui Trust Group
Japan
$125K -$12.7K -1,792 -10%
WB
138
WesBanco Bank
West Virginia
$117K
FDCDDQ
139
Federation des caisses Desjardins du Quebec
Quebec, Canada
$116K
CIBC Asset Management
140
CIBC Asset Management
Ontario, Canada
$114K
BCAM
141
Boston Common Asset Management
Massachusetts
$110K
HighTower Advisors
142
HighTower Advisors
Illinois
$108K +$28.3K +4,000 +37%
HF
143
HRT Financial
New York
$106K +$103K +14,590 New
RhumbLine Advisers
144
RhumbLine Advisers
Massachusetts
$103K +$99.6K +14,078 New
CIA
145
Capital Investment Advisors
Georgia
$102K
AFNAS
146
American Financial Network Advisory Services
California
$101K +$96.7K +13,670 New
MIS
147
Morningstar Investment Services
Illinois
$100K
HSBC Holdings
148
HSBC Holdings
United Kingdom
$97K +$332 +47 +0.4%
FNBOMD
149
First National Bank of Mount Dora
Florida
$95K
LNC
150
Lincoln National Corp
Pennsylvania
$93K +$11.3K +1,598 +14%

PSEC Hedge Fund Activity: Q3 2018 in Review

224 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q3 2018, worth a combined $381M — up 29% from $294M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new PSEC positions and 20 closed out — a net gain of 9 holders — while 70 added to existing stakes and 69 trimmed.

The largest buyer was Credit Suisse, opening a new position worth an estimated $19.5M. The largest seller was Muzinich & Co, cutting an estimated $7.76M.

  • 224 institutional investors held Prospect Capital (PSEC) as of Q3 2018, up from 216 in Q2 2018.
  • Funds reported $381M of Prospect Capital stock for Q3 2018, up 29% quarter-over-quarter.
  • 29 funds opened new Prospect Capital positions in Q3 2018 and 20 closed out, a net change of +9 holders.
  • The largest Prospect Capital buyer in Q3 2018 was Credit Suisse, an estimated $19.5M added.
  • The largest Prospect Capital seller in Q3 2018 was Muzinich & Co, an estimated $7.76M sold.

Based on aggregated 13F filings for Q3 2018.