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Prospect Capital

217 hedge funds and large institutions have $302M invested in Prospect Capital in 2016 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 62 increasing their positions, 77 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 23

5% more funds holding

Funds holding: 206217 (+11)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

13% less capital invested

Capital invested by funds: $346M → $302M (-$43.8M)

19% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 77

79% less call options, than puts

Call options by funds: $8.94M | Put options by funds: $41.7M

Holders
217
Holders Change
+11
Holders Change %
+5.34%
% of All Funds
5.78%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
36
Increased
62
Reduced
77
Closed
23
Calls
$8.94M
Puts
$41.7M
Net Calls
-$32.8M
Net Calls Change
-$23.8M
Name Holding Trade Value Shares
Change
Change in
Stake
CAM
176
Concorde Asset Management
Michigan
$75K -$3.37K -507 -5%
William Blair & Company
177
William Blair & Company
Illinois
$75K +$69.4K +10,450 New
NG
178
NatWest Group
United Kingdom
$74K
AIP
179
Ameritas Investment Partners
Nebraska
$68K
Fifth Third Bancorp
180
Fifth Third Bancorp
Ohio
$67K +$41.2K +6,200 +207%
AWM
181
AllSquare Wealth Management
New York
$51K
KTC
182
Kistler-Tiffany Companies
Pennsylvania
$50K
PG
183
PEAK6 Group
Illinois
$50K +$45.7K +6,884 New
ST
184
Smithfield Trust
Pennsylvania
$45K
TRCT
185
Tower Research Capital (TRC)
New York
$40K +$28.8K +4,331 +359%
JFA
186
JNBA Financial Advisors
Minnesota
$40K +$36.5K +5,500 New
NFG
187
Next Financial Group
Texas
$37K -$5.32K -801 -13%
MWM
188
MinichMacGregor Wealth Management
New York
$34K +$11.7K +1,754 +59%
WRM
189
Westport Resources Management
Connecticut
$33K
DOA
190
D'Orazio & Associates
Virginia
$33K +$5.15K +775 +20%
CPIG
191
Chicago Partners Investment Group
Illinois
$28K
TFA
192
Transamerica Financial Advisors
Florida
$22K
GXMC
193
Global X Management Company
New York
$18K
GT
194
Glenmede Trust
Pennsylvania
$16K
PMFA
195
Plante Moran Financial Advisors
Michigan
$15K -$1.66K -250 -11%
PSC
196
Prentiss Smith & Co
Vermont
$13K -$12K -1,800 -50%
Northwestern Mutual Wealth Management
197
Northwestern Mutual Wealth Management
Wisconsin
$13K +$7.89K +1,187 +206%
RFA
198
Reilly Financial Advisors
California
$13K +$11.6K +1,750 New
MI
199
Markston International
New York
$12K
IIM
200
Ipswich Investment Management
Massachusetts
$12K +$11.3K +1,700 New

PSEC Hedge Fund Activity: Q1 2016 in Review

217 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2016, worth a combined $302M — down 13% from $346M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new PSEC positions and 23 closed out — a net gain of 13 holders — while 62 added to existing stakes and 77 trimmed.

The largest buyer was Barclays, opening a new position worth an estimated $6.65M. The largest seller was Deutsche Bank, cutting an estimated $6.52M.

  • 217 institutional investors held Prospect Capital (PSEC) as of Q1 2016, up from 206 in Q4 2015.
  • Funds reported $302M of Prospect Capital stock for Q1 2016, down 13% quarter-over-quarter.
  • 36 funds opened new Prospect Capital positions in Q1 2016 and 23 closed out, a net change of +13 holders.
  • The largest Prospect Capital buyer in Q1 2016 was Barclays, an estimated $6.65M added.
  • The largest Prospect Capital seller in Q1 2016 was Deutsche Bank, an estimated $6.52M sold.

Based on aggregated 13F filings for Q1 2016.