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Prospect Capital

221 hedge funds and large institutions have $347M invested in Prospect Capital in 2017 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 53 increasing their positions, 86 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

34% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 35

5% more funds holding

Funds holding: 210221 (+11)

1.4% less ownership

Funds ownership: 15.71%14.31% (-1.4%)

9% less capital invested

Capital invested by funds: $380M → $347M (-$32.8M)

38% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 86

58% less call options, than puts

Call options by funds: $22.1M | Put options by funds: $52.5M

Holders
221
Holders Change
+11
Holders Change %
+5.24%
% of All Funds
5.01%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
47
Increased
53
Reduced
86
Closed
35
Calls
$22.1M
Puts
$52.5M
Net Calls
-$30.3M
Net Calls Change
+$2.04M
Name Holding Trade Value Shares
Change
Change in
Stake
LCM
176
Liberty Capital Management
Michigan
$33K
WB
177
Webster Bank
Connecticut
$32K
APA
178
American Portfolios Advisors
New York
$29.7K +$28.7K +4,400 New
RFA
179
Reilly Financial Advisors
California
$26K -$18.9K -2,900 -43%
AF
180
Advisornet Financial
Minnesota
$18K +$17.8K +2,735 New
PGWM
181
Parisi Gray Wealth Management
New Jersey
$17K +$15.7K +2,400 New
CA
182
Calton & Associates
Florida
$17K +$16.3K +2,500 New
JCM
183
Jacobi Capital Management
Pennsylvania
$16K
IBOK
184
Independence Bank of Kentucky
Kentucky
$13K +$12.2K +1,875 New
WAP
185
Wealthcare Advisory Partners
Pennsylvania
$12K -$23K -3,530 -67%
GRP
186
Global Retirement Partners
California
$10K -$13.2K -2,024 -58%
SBL
187
Sargent Bickham Lagudis
Colorado
$10K -$6.52K -1,000 -40%
FHA
188
First Horizon Advisors
Tennessee
$10K +$3.26K +500 +50%
LYV
189
Live Your Vision
Pennsylvania
$9K +$306 +47 +4%
1IA
190
1834 Investment Advisors
Wisconsin
$9K +$9.06K +1,389 New
NC
191
NewSquare Capital
Pennsylvania
$8K
PG
192
Patten Group
Tennessee
$8K +$7.83K +1,200 New
MWM
193
MinichMacGregor Wealth Management
New York
$7K -$25K -3,829 -77%
VIA
194
Vantage Investment Advisors
Pennsylvania
$7K +$176 +27 +3%
AssetMark Inc
195
AssetMark Inc
California
$7K +$6.52K +1,000 New
BCM
196
Brasada Capital Management
Texas
$7K +$6.52K +1,000 New
CIBC Private Wealth Group
197
CIBC Private Wealth Group
Georgia
$7K +$6.52K +1,000 New
SWM
198
SeaCrest Wealth Management
New York
$7K +$6.52K +1,000 New
CAC
199
Certified Advisory Corp
Florida
$7K +$6.81K +1,045 New
GT
200
Glenmede Trust
Pennsylvania
$6K -$98 -15 -2%

PSEC Hedge Fund Activity: Q4 2017 in Review

221 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2017, worth a combined $347M — down 8.6% from $380M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new PSEC positions and 35 closed out — a net gain of 12 holders — while 53 added to existing stakes and 86 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $10.5M. The largest seller was Bank of Montreal, cutting an estimated $24.1M.

  • 221 institutional investors held Prospect Capital (PSEC) as of Q4 2017, up from 210 in Q3 2017.
  • Funds reported $347M of Prospect Capital stock for Q4 2017, down 8.6% quarter-over-quarter.
  • 47 funds opened new Prospect Capital positions in Q4 2017 and 35 closed out, a net change of +12 holders.
  • The largest Prospect Capital buyer in Q4 2017 was Two Sigma Investments, an estimated $10.5M added.
  • The largest Prospect Capital seller in Q4 2017 was Bank of Montreal, an estimated $24.1M sold.

Based on aggregated 13F filings for Q4 2017.