Prospect Capital
PSEC
206 hedge funds and large institutions have $177M invested in Prospect Capital in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 78 reducing their positions, and 38 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3.42% less ownership
Funds ownership: 14.8% → 11.38% (-3.4%)
7% less funds holding
Funds holding: 221 → 206 (-15)
24% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 38
24% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 78
49% less capital invested
Capital invested by funds: $350M → $177M (-$173M)
55% less call options, than puts
Call options by funds: $2.54M | Put options by funds: $5.59M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$14.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.31M |
| 3 |
VanEck Associates
New York
|
+$1.72M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.54M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$850K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$20.5M |
| 2 |
Man Group
London,
United Kingdom
|
-$12.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$9.94M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$9.7M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$8.86M |
PSEC Hedge Fund Activity: Q1 2020 in Review
206 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2020, worth a combined $177M — down 49% from $350M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of PSEC and 29 opened new positions — a net loss of 9 holders — while 78 trimmed existing stakes and 59 added.
The largest buyer was Sumitomo Mitsui Trust Group, opening a new position worth an estimated $14.5M. The largest seller was Arrowstreet Capital, cutting an estimated $20.5M.
- 206 institutional investors held Prospect Capital (PSEC) as of Q1 2020, down from 221 in Q4 2019.
- Funds reported $177M of Prospect Capital stock for Q1 2020, down 49% quarter-over-quarter.
- 29 funds opened new Prospect Capital positions in Q1 2020 and 38 closed out, a net change of -9 holders.
- The largest Prospect Capital buyer in Q1 2020 was Sumitomo Mitsui Trust Group, an estimated $14.5M added.
- The largest Prospect Capital seller in Q1 2020 was Arrowstreet Capital, an estimated $20.5M sold.
Based on aggregated 13F filings for Q1 2020.