Prospect Capital
PSEC
226 hedge funds and large institutions have $201M invested in Prospect Capital in 2024 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 85 increasing their positions, 63 reducing their positions, and 32 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 63
0.65% less ownership
Funds ownership: 9.55% → 8.9% (-0.65%)
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
2% less funds holding
Funds holding: 230 → 226 (-4)
9% less capital invested
Capital invested by funds: $221M → $201M (-$20M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
61% less call options, than puts
Call options by funds: $9.79M | Put options by funds: $25M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$8.97M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$4.02M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.3M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.42M |
| 5 |
TI
TrueMark Investments
Chicago,
Illinois
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YDMI
Y.D. More Investments
Ramat Gan,
Israel
|
-$29.1M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.68M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$1.74M |
| 4 |
Legal & General Group
London,
United Kingdom
|
-$1.5M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$892K |
PSEC Hedge Fund Activity: Q3 2024 in Review
226 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Prospect Capital (PSEC) for Q3 2024, worth a combined $201M — down 9% from $221M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of PSEC and 29 opened new positions — a net loss of 3 holders — while 63 trimmed existing stakes and 85 added.
The largest buyer was VanEck Associates, adding an estimated $8.97M. The largest seller was Y.D. More Investments, exiting entirely with an estimated $29.1M sold.
- 226 institutional investors held Prospect Capital (PSEC) as of Q3 2024, down from 230 in Q2 2024.
- Funds reported $201M of Prospect Capital stock for Q3 2024, down 9% quarter-over-quarter.
- 29 funds opened new Prospect Capital positions in Q3 2024 and 32 closed out, a net change of -3 holders.
- The largest Prospect Capital buyer in Q3 2024 was VanEck Associates, an estimated $8.97M added.
- The largest Prospect Capital seller in Q3 2024 was Y.D. More Investments, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2024.