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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
FFA
151
First Foundation Advisors
California
$83K
FNBOMD
152
First National Bank of Mount Dora
Florida
$83K
CA
153
Callahan Advisors
Texas
$81K
Simplex Trading
154
Simplex Trading
Illinois
$81K +$82.9K +12,723 New
LA
155
LVW Advisors
New York
$78K +$79K +12,124 New
SRC
156
Shufro Rose & Co
New York
$76K +$5.21K +800 +7%
TA
157
Tiedemann Advisors
New York
$72K
MCA
158
Magnolia Capital Advisors
Mississippi
$71K +$72.1K +11,065 New
WQ
159
Wealth Quarterback
New Jersey
$70.8K +$86.2K +13,239 New
SSA
160
Schonfeld Strategic Advisors
New York
$68K -$302K -46,300 -81%
SFI
161
Susquehanna Fundamental Investments
Pennsylvania
$66K
TLP
162
Trinity Legacy Partners
Texas
$66K
SPIA
163
Steward Partners Investment Advisory
New York
$65K +$1.78K +273 +3%
APA
164
American Portfolios Advisors
New York
$54.6K +$9.57K +1,469 +21%
CFGS
165
Concourse Financial Group Securities
Alabama
$54K +$14.3K +2,189 +36%
ST
166
Smithfield Trust
Pennsylvania
$40K
CFD
167
Creative Financial Designs
Indiana
$39K -$59.4K -9,125 -60%
AWM
168
AllSquare Wealth Management
New York
$39K
RFA
169
Reilly Financial Advisors
California
$39K
SMFS
170
Squar Milner Financial Services
California
$35K +$35.8K +5,500 New
WEC
171
Winslow Evans & Crocker
Massachusetts
$34K
AWMS
172
Advocacy Wealth Management Services
Georgia
$33K
FHA
173
Flagship Harbor Advisors
Massachusetts
$30K -$1.54K -236 -5%
NFG
174
Next Financial Group
Texas
$27K +$12K +1,843 +78%
CHA
175
Carmichael Hill & Associates
Maryland
$26K +$25.8K +3,965 New

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.