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Prospect Capital

221 hedge funds and large institutions have $350M invested in Prospect Capital in 2019 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 77 increasing their positions, 64 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 24

20% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 64

14% more capital invested

Capital invested by funds: $306M → $350M (+$43.5M)

7% more funds holding

Funds holding: 207221 (+14)

2.14% more ownership

Funds ownership: 12.66%14.8% (+2.1%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

89% less call options, than puts

Call options by funds: $1.95M | Put options by funds: $17M

Holders
221
Holders Change
+14
Holders Change %
+6.76%
% of All Funds
4.35%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.06%
New
39
Increased
77
Reduced
64
Closed
24
Calls
$1.95M
Puts
$17M
Net Calls
-$15.1M
Net Calls Change
+$1.3M
Name Holding Trade Value Shares
Change
Change in
Stake
AWM
126
AE Wealth Management
Kansas
$150K +$80.5K +12,364 +113%
CBA
127
Coastal Bridge Advisors
Connecticut
$145K -$65.4K -10,036 -31%
FIM
128
Freedom Investment Management
Connecticut
$137K +$18.7K +2,873 +16%
PWP
129
Principle Wealth Partners
Connecticut
$135K -$14.6K -2,234 -10%
HCM
130
Highlander Capital Management
New Jersey
$126K -$28.5K -4,375 -18%
TRCT
131
Tower Research Capital (TRC)
New York
$126K +$105K +16,113 +453%
Jane Street
132
Jane Street
New York
$126K +$128K +19,631 New
Janney Montgomery Scott
133
Janney Montgomery Scott
Pennsylvania
$123K -$27.3K -4,187 -18%
TVAMP
134
Tennessee Valley Asset Management Partners
Tennessee
$117K -$53.1K -8,153 -31%
Envestnet Asset Management
135
Envestnet Asset Management
Illinois
$117K -$26.4K -4,059 -18%
WB
136
WesBanco Bank
West Virginia
$116K
SI
137
Stephens Inc
Arkansas
$109K -$14.9K -2,289 -12%
RIA
138
Regal Investment Advisors
Michigan
$107K -$25.9K -3,975 -19%
CS
139
Credit Suisse
Switzerland
$106K +$24.6K +3,774 +30%
KLCM
140
KG&L Capital Management
Louisiana
$105K +$17.2K +2,647 +19%
IWM
141
IHT Wealth Management
Illinois
$104K -$4.56K -700 -4%
DA
142
Detalus Advisors
Missouri
$103K +$104K +15,962 New
VF
143
Virtu Financial
New York
$102K -$858K -131,767 -89%
FDCDDQ
144
Federation des caisses Desjardins du Quebec
Quebec, Canada
$102K
MSAM
145
Moloney Securities Asset Management
Missouri
$101K -$14.6K -2,240 -12%
TC
146
TownSquare Capital
Utah
$101K
CIBC Asset Management
147
CIBC Asset Management
Ontario, Canada
$100K +$319 +49 +0.3%
LWP
148
Legacy Wealth Planning
Nevada
$95K +$95.8K +14,700 New
GM
149
GeoWealth Management
Illinois
$94K +$95.1K +14,600 New
RhumbLine Advisers
150
RhumbLine Advisers
Massachusetts
$92K +$235 +36 +0.3%

PSEC Hedge Fund Activity: Q4 2019 in Review

221 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2019, worth a combined $350M — up 14% from $306M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new PSEC positions and 24 closed out — a net gain of 15 holders — while 77 added to existing stakes and 64 trimmed.

The largest buyer was Independent Advisor Alliance, adding an estimated $10.7M. The largest seller was Allianz Asset Management, cutting an estimated $5.26M.

  • 221 institutional investors held Prospect Capital (PSEC) as of Q4 2019, up from 207 in Q3 2019.
  • Funds reported $350M of Prospect Capital stock for Q4 2019, up 14% quarter-over-quarter.
  • 39 funds opened new Prospect Capital positions in Q4 2019 and 24 closed out, a net change of +15 holders.
  • The largest Prospect Capital buyer in Q4 2019 was Independent Advisor Alliance, an estimated $10.7M added.
  • The largest Prospect Capital seller in Q4 2019 was Allianz Asset Management, an estimated $5.26M sold.

Based on aggregated 13F filings for Q4 2019.