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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
AF
201
Allworth Financial
California
$6K
Fifth Third Bancorp
202
Fifth Third Bancorp
Ohio
$6K
FGAM
203
Financial Gravity Asset Management
Texas
$6K +$184 +26 +3%
ICM
204
IMS Capital Management
Oregon
$6K +$5.66K +800 New
CAC
205
Certified Advisory Corp
Florida
$4K
HNB
206
Huntington National Bank
Ohio
$4K
TCOV
207
Trust Company of Vermont
Vermont
$4K
WAS
208
Winch Advisory Services
Wisconsin
$4K
TDC
209
Thompson Davis & Co
Virginia
$4K +$1.77K +250 +100%
PFGIA
210
Patriot Financial Group Insurance Agency
Massachusetts
$4K +$3.54K +500 New
Barclays
211
Barclays
United Kingdom
$2K -$9.19K -1,299 -79%
CB
212
Community Bank
New York
$2K
RFM
213
Royal Fund Management
Florida
$2K
TFS
214
TrustCore Financial Services
Tennessee
$2K +$1.84K +260 New
NSB
215
Norway Savings Bank
Maine
$1K
RIA
216
RPG Investment Advisory
California
$1K
WF
217
WealthTrust Fairport
Ohio
$1K +$7 +1 +1%
S
218
SignatureFD
Georgia
$1K +$707 +100 New
CF
219
Centaurus Financial
California
$154 -$673K -95,212 -100%
AM
220
Ares Management
California
-$1.87M -279,288 Closed
PAM
221
PVG Asset Management
Colorado
-$831K -123,891 Closed
PCM
222
Price Capital Management
Louisiana
-$696K -103,705 Closed
AWA
223
Arete Wealth Advisors
Illinois
-$194K -28,980 Closed
Wolverine Trading
224
Wolverine Trading
Illinois
-$184K -26,071 Closed
KA
225
Kovack Advisors
Florida
-$145K -21,608 Closed

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.