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Prospect Capital

239 hedge funds and large institutions have $301M invested in Prospect Capital in 2018 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 57 increasing their positions, 76 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 31

7% more funds holding

Funds holding: 224239 (+15)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

1.19% less ownership

Funds ownership: 14.24%13.05% (-1.2%)

21% less capital invested

Capital invested by funds: $381M → $301M (-$79.2M)

25% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 76

80% less call options, than puts

Call options by funds: $7.79M | Put options by funds: $39.6M

Holders
239
Holders Change
+15
Holders Change %
+6.7%
% of All Funds
5.33%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
52
Increased
57
Reduced
76
Closed
31
Calls
$7.79M
Puts
$39.6M
Net Calls
-$31.8M
Net Calls Change
-$10.5M
Name Holding Trade Value Shares
Change
Change in
Stake
CWA
176
Clarus Wealth Advisors
Arizona
$45K -$1.85K -274 -4%
AIC
177
Ameritas Investment Company
Nebraska
$45K +$48.1K +7,119 New
ADL
178
Asset Dedication LLC
California
$41K +$43.9K +6,500 New
WEC
179
Winslow Evans & Crocker
Massachusetts
$40K
ST
180
Smithfield Trust
Pennsylvania
$39K
AWM
181
AllSquare Wealth Management
New York
$38K
SF
182
Synovus Financial
Georgia
$35K +$88 +13 +0.2%
AWMS
183
Advocacy Wealth Management Services
Georgia
$32K
SMFS
184
Squar Milner Financial Services
California
$32K
WB
185
Webster Bank
Connecticut
$30K
APA
186
American Portfolios Advisors
New York
$27.8K
RCAG
187
Rehmann Capital Advisory Group
Michigan
$27.1K +$770 +114 +3%
NIT
188
NumerixS Investment Technologies
British Columbia, Canada
$27K +$28.4K +4,200 New
EI
189
Ellevest Inc
New York
$27K +$28.7K +4,245 New
JCM
190
Jacobi Capital Management
Pennsylvania
$25K
PNC Financial Services Group
191
PNC Financial Services Group
Pennsylvania
$24K -$54K -8,000 -68%
FHA
192
Flagship Harbor Advisors
Massachusetts
$21K -$1.57K -233 -6%
AF
193
Advisornet Financial
Minnesota
$19K +$547 +81 +3%
FCMT
194
Founders Capital Management (Texas)
Texas
$19K +$20.3K +3,000 New
EWM
195
Executive Wealth Management
Michigan
$17K +$18.2K +2,700 New
PGWM
196
Parisi Gray Wealth Management
New Jersey
$16K
FHA
197
First Horizon Advisors
Tennessee
$13K
GCM
198
Gables Capital Management
Florida
$13K
IIM
199
Ipswich Investment Management
Massachusetts
$11K +$11.5K +1,700 New
SBL
200
Sargent Bickham Lagudis
Colorado
$9K

PSEC Hedge Fund Activity: Q4 2018 in Review

239 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2018, worth a combined $301M — down 21% from $381M a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new PSEC positions and 31 closed out — a net gain of 21 holders — while 57 added to existing stakes and 76 trimmed.

The largest buyer was UBS Group, adding an estimated $26.1M. The largest seller was Credit Suisse, cutting an estimated $17.6M.

  • 239 institutional investors held Prospect Capital (PSEC) as of Q4 2018, up from 224 in Q3 2018.
  • Funds reported $301M of Prospect Capital stock for Q4 2018, down 21% quarter-over-quarter.
  • 52 funds opened new Prospect Capital positions in Q4 2018 and 31 closed out, a net change of +21 holders.
  • The largest Prospect Capital buyer in Q4 2018 was UBS Group, an estimated $26.1M added.
  • The largest Prospect Capital seller in Q4 2018 was Credit Suisse, an estimated $17.6M sold.

Based on aggregated 13F filings for Q4 2018.