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Prospect Capital

232 hedge funds and large institutions have $238M invested in Prospect Capital in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 85 increasing their positions, 78 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more call options, than puts

Call options by funds: $14.7M | Put options by funds: $12.3M

9% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 78

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.67% less ownership

Funds ownership: 9.63%8.96% (-0.67%)

5% less funds holding

Funds holding: 244232 (-12)

9% less capital invested

Capital invested by funds: $261M → $238M (-$23.6M)

23% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 39

Holders
232
Holders Change
-12
Holders Change %
-4.92%
% of All Funds
3.34%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
30
Increased
85
Reduced
78
Closed
39
Calls
$14.7M
Puts
$12.3M
Net Calls
+$2.43M
Net Calls Change
+$45.5M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$38M +$4.14M +719,010 +12%
YDMI
2
Y.D. More Investments
Israel
$31.4M -$109K -18,890 -1%
Legal & General Group
3
Legal & General Group
United Kingdom
$18.4M +$757K +131,519 +4%
Invesco
4
Invesco
Georgia
$11.7M +$2M +348,317 +20%
Morgan Stanley
5
Morgan Stanley
New York
$10.8M -$8.27M -1,436,613 -42%
XF
6
XML Financial
Maryland
$9.46M +$2.22M +386,266 +29%
LSV Asset Management
7
LSV Asset Management
Illinois
$8.88M -$2.46M -427,040 -21%
GAA
8
Global Assets Advisory
Florida
$8.14M +$257K +44,689 New
BlackRock
9
BlackRock
New York
$7.57M +$648K +112,528 +9%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$6.32M +$669K +116,211 +11%
LPL Financial
11
LPL Financial
California
$5.96M +$195K +33,875 +3%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$5.77M +$509K +88,357 +9%
RJA
13
Raymond James & Associates
Florida
$3.76M +$550K +95,596 +16%
Osaic Holdings
14
Osaic Holdings
Arizona
$3.26M -$1.05M -183,238 -24%
UBS Group
15
UBS Group
Switzerland
$2.55M +$337K +58,550 +15%
AAM
16
Advisors Asset Management
Colorado
$2.45M -$33.5K -5,825 -1%
MCM
17
McKinley Capital Management
Alaska
$2.25M -$75.3K -13,080 -3%
BAMF
18
BI Asset Management Fondsmaeglerselskab
Denmark
$2.18M +$849K +147,460 +60%
TA
19
Tactive Advisors
Florida
$1.77M +$787K +136,735 +74%
DnB Asset Management
20
DnB Asset Management
Norway
$1.76M +$374K +64,941 +26%
Cetera Investment Advisers
21
Cetera Investment Advisers
Illinois
$1.71M +$1.52M +264,603 +586%
JP Morgan Chase
22
JP Morgan Chase
New York
$1.71M -$1.97M -342,025 -53%
Canada Life
23
Canada Life
Manitoba, Canada
$1.63M +$196K +34,035 +13%
US Bancorp
24
US Bancorp
Minnesota
$1.62M +$9.78K +1,700 +0.6%
Marshall Wace
25
Marshall Wace
United Kingdom
$1.59M -$2.42M -420,117 -59%

PSEC Hedge Fund Activity: Q1 2024 in Review

232 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q1 2024, worth a combined $238M — down 9% from $261M a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of PSEC and 30 opened new positions — a net loss of 9 holders — while 78 trimmed existing stakes and 85 added.

The largest buyer was VanEck Associates, adding an estimated $4.14M. The largest seller was Morgan Stanley, cutting an estimated $8.27M.

  • 232 institutional investors held Prospect Capital (PSEC) as of Q1 2024, down from 244 in Q4 2023.
  • Funds reported $238M of Prospect Capital stock for Q1 2024, down 9% quarter-over-quarter.
  • 30 funds opened new Prospect Capital positions in Q1 2024 and 39 closed out, a net change of -9 holders.
  • The largest Prospect Capital buyer in Q1 2024 was VanEck Associates, an estimated $4.14M added.
  • The largest Prospect Capital seller in Q1 2024 was Morgan Stanley, an estimated $8.27M sold.

Based on aggregated 13F filings for Q1 2024.