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Prospect Capital

206 hedge funds and large institutions have $346M invested in Prospect Capital in 2015 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 86 increasing their positions, 57 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 57

5% less capital invested

Capital invested by funds: $364M → $346M (-$18.1M)

6% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 31

1% less funds holding

Funds holding: 209206 (-3)

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

73% less call options, than puts

Call options by funds: $3.34M | Put options by funds: $12.4M

Holders
206
Holders Change
-3
Holders Change %
-1.44%
% of All Funds
5.4%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.1%
New
29
Increased
86
Reduced
57
Closed
31
Calls
$3.34M
Puts
$12.4M
Net Calls
-$9.04M
Net Calls Change
-$2.89M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
1
Bank of Montreal
Ontario, Canada
$28.1M +$16.7M +2,305,257 +134%
Morgan Stanley
2
Morgan Stanley
New York
$23.5M +$1.16M +159,198 +5%
UBS Group
3
UBS Group
Switzerland
$16.4M -$17M -2,338,709 -50%
MC
4
Muzinich & Co
New York
$15.3M +$1.49M +204,682 +10%
AAM
5
Advisors Asset Management
Colorado
$12.9M -$1.95M -268,924 -13%
Deutsche Bank
6
Deutsche Bank
Germany
$11.9M -$8.92M -1,228,637 -42%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$11.6M +$1.94M +267,599 +19%
JMPWA
8
JP Morgan Private Wealth Advisors
California
$11M +$310K +42,684 +3%
BG
9
BlackRock Group
United Kingdom
$11M -$715K -98,493 -6%
Two Sigma Investments
10
Two Sigma Investments
New York
$10.2M +$8.5M +1,171,759 +401%
TNBTD
11
Trustmark National Bank Trust Department
Mississippi
$7.4M
AFG
12
American Financial Group
Ohio
$6.98M
VanEck Associates
13
VanEck Associates
New York
$6.8M +$615K +84,727 +10%
Invesco
14
Invesco
Georgia
$6.75M -$583K -80,372 -8%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$6.29M -$386K -53,127 -6%
LSV Asset Management
16
LSV Asset Management
Illinois
$5.84M +$1.13M +155,256 +23%
CS
17
Credit Suisse
Switzerland
$5.71M +$9.48K +1,306 +0.2%
MP
18
Mangrove Partners
Connecticut
$5.26M
PAM
19
PVG Asset Management
Colorado
$5.11M -$4.39M -605,381 -45%
LPL Financial
20
LPL Financial
California
$4.77M +$2.27M +312,363 +88%
MGAM
21
McGowan Group Asset Management
Texas
$4.6M +$213K +29,313 +5%
USAA
22
United Services Automobile Association
Texas
$4.57M
SCM
23
Summit Capital Management
Washington
$4.32M +$265K +36,482 +6%
Legal & General Group
24
Legal & General Group
United Kingdom
$3.87M +$609K +83,928 +18%
BC
25
Barnett & Company
Tennessee
$3.87M -$180K -24,851 -4%

PSEC Hedge Fund Activity: Q4 2015 in Review

206 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q4 2015, worth a combined $346M — down 5% from $364M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of PSEC and 29 opened new positions — a net loss of 2 holders — while 57 trimmed existing stakes and 86 added.

The largest buyer was Bank of Montreal, adding an estimated $16.7M. The largest seller was UBS Group, cutting an estimated $17M.

  • 206 institutional investors held Prospect Capital (PSEC) as of Q4 2015, down from 209 in Q3 2015.
  • Funds reported $346M of Prospect Capital stock for Q4 2015, down 5% quarter-over-quarter.
  • 29 funds opened new Prospect Capital positions in Q4 2015 and 31 closed out, a net change of -2 holders.
  • The largest Prospect Capital buyer in Q4 2015 was Bank of Montreal, an estimated $16.7M added.
  • The largest Prospect Capital seller in Q4 2015 was UBS Group, an estimated $17M sold.

Based on aggregated 13F filings for Q4 2015.