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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
SFA
201
Semmax Financial Advisors
North Carolina
$9K +$10K +1,480 New
BC
202
Barnett & Company
Tennessee
$8K
KTC
203
Kistler-Tiffany Companies
Pennsylvania
$8K
DWM
204
Doyle Wealth Management
Florida
$8K +$8.12K +1,202 New
CIAS
205
Capital Investment Advisory Services
North Carolina
$8K +$8.88K +1,315 New
BNP Paribas Financial Markets
206
BNP Paribas Financial Markets
France
$6.68K
WAP
207
Wealthcare Advisory Partners
Pennsylvania
$6K -$5.07K -750 -43%
EWM
208
Edge Wealth Management
New York
$6K
NFG
209
Next Financial Group
Texas
$6K +$6.75K +1,000 New
Fidelity Investments
210
Fidelity Investments
Massachusetts
$6K +$6.78K +1,003 +50,150%
LC
211
Lindbrook Capital
California
$6K +$6.94K +1,027 New
Northwestern Mutual Wealth Management
212
Northwestern Mutual Wealth Management
Wisconsin
$5K -$5.92K -876 -52%
1IA
213
1834 Investment Advisors
Wisconsin
$5K
AF
214
Allworth Financial
California
$5K
Fifth Third Bancorp
215
Fifth Third Bancorp
Ohio
$5K
CAC
216
Certified Advisory Corp
Florida
$4K
PFC
217
Phocas Financial Corp
California
$4K +$4.81K +712 New
QT
218
Quantbot Technologies
New York
$3K -$253K -37,400 -98%
HNB
219
Huntington National Bank
Ohio
$3K
PFGIA
220
Patriot Financial Group Insurance Agency
Massachusetts
$3K
TCOV
221
Trust Company of Vermont
Vermont
$3K
WAS
222
Winch Advisory Services
Wisconsin
$3K
FGC
223
Financial Gravity Companies
Texas
$3K +$2.69K +399 New
ER
224
Enlightenment Research
Florida
$3K +$2.7K +400 New
PA
225
Parallel Advisors
California
$3K +$3.45K +511 New

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.