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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
FHA
176
Flagship Harbor Advisors
Massachusetts
$27K -$2.45K -347 -9%
CPIG
177
Chicago Partners Investment Group
Illinois
$26K +$6.05K +856 +29%
BA
178
Ballew Advisors
Mississippi
$25K
AF
179
Advisornet Financial
Minnesota
$22K +$516 +73 +3%
PGWM
180
Parisi Gray Wealth Management
New Jersey
$18K
TC
181
Truvestments Capital
Florida
$17K +$16.6K +2,345 New
FHA
182
First Horizon Advisors
Tennessee
$15K
GCM
183
Gables Capital Management
Florida
$15K
SFM
184
Signet Financial Management
New Jersey
$15K
SWM
185
Selective Wealth Management
Virginia
$15K +$14.1K +2,000 New
RFA
186
Reilly Financial Advisors
California
$13K
WAP
187
Wealthcare Advisory Partners
Pennsylvania
$13K
Northwestern Mutual Wealth Management
188
Northwestern Mutual Wealth Management
Wisconsin
$12K -$16.4K -2,321 -58%
PWAG
189
Polaris Wealth Advisory Group
California
$12K +$11.7K +1,650 New
SBL
190
Sargent Bickham Lagudis
Colorado
$11K
BC
191
Barnett & Company
Tennessee
$10K -$9.58K -1,355 -51%
KTC
192
Kistler-Tiffany Companies
Pennsylvania
$10K
GP
193
Girard Partners
Pennsylvania
$10K +$10.6K +1,500 New
MWM
194
MinichMacGregor Wealth Management
New York
$8K
VIA
195
Vantage Investment Advisors
Pennsylvania
$8K +$205 +29 +3%
BNP Paribas Financial Markets
196
BNP Paribas Financial Markets
France
$7.75K -$1.68K -237 -18%
EWM
197
Edge Wealth Management
New York
$7K
SWM
198
SeaCrest Wealth Management
New York
$7K
SCM
199
Southport Capital Management
Tennessee
$7K +$7.07K +1,000 New
1IA
200
1834 Investment Advisors
Wisconsin
$6K

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.