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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
RWB
176
RMR Wealth Builders
New Jersey
$26K +$26.5K +4,075 New
JCM
177
Jacobi Capital Management
Pennsylvania
$25K
AF
178
Advisornet Financial
Minnesota
$22K +$586 +90 +3%
Barclays
179
Barclays
United Kingdom
$22K +$9.66K +1,483 +72%
WB
180
Webster Bank
Connecticut
$21K -$9.77K -1,500 -31%
HB
181
Horizon Bancorp
Indiana
$21K +$20.8K +3,200 New
Deutsche Bank
182
Deutsche Bank
Germany
$20K -$3.54M -542,888 -99%
SIS
183
Sound Income Strategies
Florida
$19K -$23.9K -3,670 -56%
FCMT
184
Founders Capital Management (Texas)
Texas
$19K
SWM
185
Selective Wealth Management
Virginia
$19K
FGAM
186
Financial Gravity Asset Management
Texas
$19K +$13.4K +2,052 +996%
TPWA
187
TRUE Private Wealth Advisors
Oregon
$18K +$19K +2,924 New
FHA
188
First Horizon Advisors
Tennessee
$14K
PA
189
PSI Advisors
Florida
$14K +$14.2K +2,175 New
AIC
190
Ameritas Investment Company
Nebraska
$13K +$365 +56 +3%
CWAF
191
Core Wealth Advisors (Florida)
Florida
$11K +$11.1K +1,700 New
RCA
192
Ranch Capital Advisors
Florida
$11K +$11.2K +1,715 New
SFA
193
Semmax Financial Advisors
North Carolina
$10K
SF
194
Synovus Financial
Georgia
$10K
KTC
195
Kistler-Tiffany Companies
Pennsylvania
$9K
RIA
196
Realta Investment Advisors
Delaware
$7K
BNP Paribas Financial Markets
197
BNP Paribas Financial Markets
France
$6.81K
EWM
198
Edge Wealth Management
New York
$6K
GCM
199
Gables Capital Management
Florida
$6K
SCA
200
Stonebridge Capital Advisors
Minnesota
$6K

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.