Prospect Capital
PSEC
233 hedge funds and large institutions have $226M invested in Prospect Capital in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 93 increasing their positions, 55 reducing their positions, and 37 closing their positions.
116% more capital inflows, than outflows
Capital inflows: $25.4M | Capital outflows: $11.8M
69% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 55
0.49% more ownership
Funds ownership: 7.62% → 8.11% (+0.49%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 250 → 233 (-17)
43% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 37
65% less call options, than puts
Call options by funds: $8.72M | Put options by funds: $24.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$5.04M |
| 2 |
PWS
Paragon Wealth Strategies
Jacksonville,
Florida
|
+$3.78M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.24M |
| 4 |
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$2.05M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SONA Asset Management (US)
New York
|
-$1.11M |
| 2 |
Nissay Asset Management
Tokyo,
Japan
|
-$809K |
| 3 |
BlackRock
New York
|
-$624K |
| 4 |
LPL Financial
San Diego,
California
|
-$613K |
| 5 |
Advisors Asset Management
Monument,
Colorado
|
-$582K |
PSEC Hedge Fund Activity: Q2 2023 in Review
233 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q2 2023, worth a combined $226M — down 3.7% from $235M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PSEC and 21 opened new positions — a net loss of 16 holders — while 55 trimmed existing stakes and 93 added.
The largest buyer was VanEck Associates, adding an estimated $5.04M. The largest seller was SONA Asset Management (US), exiting entirely with an estimated $1.11M sold.
- 233 institutional investors held Prospect Capital (PSEC) as of Q2 2023, down from 250 in Q1 2023.
- Funds reported $226M of Prospect Capital stock for Q2 2023, down 3.7% quarter-over-quarter.
- 21 funds opened new Prospect Capital positions in Q2 2023 and 37 closed out, a net change of -16 holders.
- The largest Prospect Capital buyer in Q2 2023 was VanEck Associates, an estimated $5.04M added.
- The largest Prospect Capital seller in Q2 2023 was SONA Asset Management (US), an estimated $1.11M sold.
Based on aggregated 13F filings for Q2 2023.