Prospect Capital
PSEC
217 hedge funds and large institutions have $302M invested in Prospect Capital in 2016 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 62 increasing their positions, 77 reducing their positions, and 23 closing their positions.
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
5% more funds holding
Funds holding: 206 → 217 (+11)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
13% less capital invested
Capital invested by funds: $346M → $302M (-$43.8M)
19% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 77
79% less call options, than puts
Call options by funds: $8.94M | Put options by funds: $41.7M
Top Buyers
| 1 |
Barclays
London,
United Kingdom
|
+$6.65M |
| 2 |
AL
Airain Ltd
St. Peter Port,
Guernsey
|
+$1.86M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$1.78M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.72M |
| 5 |
PP
PDT Partners
New York
|
+$1.35M |
Top Sellers
PSEC Hedge Fund Activity: Q1 2016 in Review
217 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2016, worth a combined $302M — down 13% from $346M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PSEC positions and 23 closed out — a net gain of 13 holders — while 62 added to existing stakes and 77 trimmed.
The largest buyer was Barclays, opening a new position worth an estimated $6.65M. The largest seller was Deutsche Bank, cutting an estimated $6.52M.
- 217 institutional investors held Prospect Capital (PSEC) as of Q1 2016, up from 206 in Q4 2015.
- Funds reported $302M of Prospect Capital stock for Q1 2016, down 13% quarter-over-quarter.
- 36 funds opened new Prospect Capital positions in Q1 2016 and 23 closed out, a net change of +13 holders.
- The largest Prospect Capital buyer in Q1 2016 was Barclays, an estimated $6.65M added.
- The largest Prospect Capital seller in Q1 2016 was Deutsche Bank, an estimated $6.52M sold.
Based on aggregated 13F filings for Q1 2016.