Prospect Capital
PSEC
209 hedge funds and large institutions have $364M invested in Prospect Capital in 2015 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 62 increasing their positions, 77 reducing their positions, and 26 closing their positions.
27% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 26
2% more funds holding
Funds holding: 204 → 209 (+5)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
11% less capital invested
Capital invested by funds: $409M → $364M (-$44.8M)
19% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 77
65% less call options, than puts
Call options by funds: $3.25M | Put options by funds: $9.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$16.1M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$5.19M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$3.13M |
| 4 |
Morgan Stanley
New York
|
+$2.61M |
| 5 |
BL
BCWM LLC
Overland Park,
Kansas
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$16.2M |
| 2 |
LPL Financial
San Diego,
California
|
-$10.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.73M |
| 4 |
Two Sigma Investments
New York
|
-$7.05M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.48M |
PSEC Hedge Fund Activity: Q3 2015 in Review
209 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q3 2015, worth a combined $364M — down 11% from $409M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PSEC positions and 26 closed out — a net gain of 7 holders — while 62 added to existing stakes and 77 trimmed.
The largest buyer was Scopia Capital Management, adding an estimated $16.1M. The largest seller was UBS Group, cutting an estimated $16.2M.
- 209 institutional investors held Prospect Capital (PSEC) as of Q3 2015, up from 204 in Q2 2015.
- Funds reported $364M of Prospect Capital stock for Q3 2015, down 11% quarter-over-quarter.
- 33 funds opened new Prospect Capital positions in Q3 2015 and 26 closed out, a net change of +7 holders.
- The largest Prospect Capital buyer in Q3 2015 was Scopia Capital Management, an estimated $16.1M added.
- The largest Prospect Capital seller in Q3 2015 was UBS Group, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2015.