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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
WAP
201
Wealthcare Advisory Partners
Pennsylvania
$6K
RG
202
Retirement Group
California
$6K +$6.42K +986 New
EI
203
Ellevest Inc
New York
$5K
Fifth Third Bancorp
204
Fifth Third Bancorp
Ohio
$5K
CAC
205
Certified Advisory Corp
Florida
$4K
HNB
206
Huntington National Bank
Ohio
$3K
PA
207
Parallel Advisors
California
$3K
PFGIA
208
Patriot Financial Group Insurance Agency
Massachusetts
$3K
PNC Financial Services Group
209
PNC Financial Services Group
Pennsylvania
$3K
TCOV
210
Trust Company of Vermont
Vermont
$3K
WAS
211
Winch Advisory Services
Wisconsin
$3K +$85 +13 +3%
Northwestern Mutual Wealth Management
212
Northwestern Mutual Wealth Management
Wisconsin
$2K -$25.7K -3,945 -94%
SQA
213
Simon Quick Advisors
New Jersey
$2K +$59 +9 +3%
ACM
214
Allred Capital Management
Texas
$1.61K +$1.63K +250 New
NSB
215
Norway Savings Bank
Maine
$1K
OPS
216
Orion Portfolio Solutions
Nebraska
$1K +$1.41K +217 New
TPCW
217
TD Private Client Wealth
New York
$6 +$7 +1 New
Skandinaviska Enskilda Banken (SEB)
218
Skandinaviska Enskilda Banken (SEB)
Sweden
-$1.93M -292,800 Closed
GH
219
GAM Holding
Switzerland
-$544K -82,546 Closed
TI
220
Trexquant Investment
Connecticut
-$430K -65,220 Closed
Aberdeen Group
221
Aberdeen Group
United Kingdom
-$396K -60,000 Closed
PI
222
PEAK6 Investments
Illinois
-$312K -47,844 Closed
TSS
223
Two Sigma Securities
New York
-$165K -25,011 Closed
TU
224
TDAM USA
Ontario, Canada
-$148K -22,500 Closed
MAFM
225
Mid Atlantic Financial Management
Pennsylvania
-$119K -18,000 Closed

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.