Prospect Capital
PSEC
210 hedge funds and large institutions have $380M invested in Prospect Capital in 2017 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 72 increasing their positions, 74 reducing their positions, and 29 closing their positions.
0.4% more ownership
Funds ownership: 15.31% → 15.71% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 29
3% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 74
1% less funds holding
Funds holding: 213 → 210 (-3)
15% less capital invested
Capital invested by funds: $448M → $380M (-$67.3M)
63% less call options, than puts
Call options by funds: $18.7M | Put options by funds: $51.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$7.78M |
| 2 |
Morgan Stanley
New York
|
+$5.75M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.41M |
| 4 |
PMLI
Penn Mutual Life Insurance
Horsham,
Pennsylvania
|
+$4.45M |
| 5 |
AM
Ares Management
Los Angeles,
California
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$8.59M |
| 2 |
MC
Muzinich & Co
New York
|
-$7.89M |
| 3 |
BC
Barnett & Company
Chattanooga,
Tennessee
|
-$3.61M |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$3.07M |
| 5 |
BCM
Beck Capital Management
Austin,
Texas
|
-$2.76M |
PSEC Hedge Fund Activity: Q3 2017 in Review
210 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q3 2017, worth a combined $380M — down 15% from $448M a quarter earlier.
Fund positioning in PSEC was balanced in Q3 2017: 29 funds opened new positions, 29 closed out, 72 added to existing stakes and 74 trimmed.
The largest buyer was UBS Group, adding an estimated $7.78M. The largest seller was Panagora Asset Management, exiting entirely with an estimated $8.59M sold.
- 210 institutional investors held Prospect Capital (PSEC) as of Q3 2017, down from 213 in Q2 2017.
- Funds reported $380M of Prospect Capital stock for Q3 2017, down 15% quarter-over-quarter.
- 29 funds opened new Prospect Capital positions in Q3 2017 and 29 closed out, a net change of 0 holders.
- The largest Prospect Capital buyer in Q3 2017 was UBS Group, an estimated $7.78M added.
- The largest Prospect Capital seller in Q3 2017 was Panagora Asset Management, an estimated $8.59M sold.
Based on aggregated 13F filings for Q3 2017.