PROSPECT CAP CORP PSEC 6.375 03.01.25
NOTE 6.375% 3/0 · US DOMESTIC · CUSIP 74348TAT9
70
institutional holders
-1 vs Q4 2022
3.4m
shares reported held*
$61.4mreported value*
10 new
11 added
9 reduced
10 sold out
net sold ≈ $16.3m (-16.6m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $18.15.
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 72 |
| Q4 2022 | 71 |
| Q1 2023 | 70 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 17 | 16 |
| Q1 2023 | 21 | 19 |
Biggest buyers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +3.6m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +3.5m |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC | Added | +1.0m |
| Radcliffe Capital Management, L.P. | Added | +1.0m |
| Calamos Advisors LLC | New | +808.0k |
| CITIGROUP INC | New | +732.0k |
| COMMONWEALTH EQUITY SERVICES, LLC | Added | +130.0k |
| MORGAN STANLEY | Added | +78.0k |
| WELLS FARGO & COMPANY/MN | Added | +58.0k |
| Johnson Financial Group, Inc. | New | +50.0k |
Biggest sellers
| NorthCoast Asset Management LLC | Sold out | -11.5m |
| Ameritas Investment Partners, Inc. | Sold out | -3.5m |
| ZAZOVE ASSOCIATES LLC | Reduced | -3.5m |
| BNP PARIBAS FINANCIAL MARKETS | Sold out | -2.4m |
| Lombard Odier Asset Management (Europe) Ltd | Reduced | -2.0m |
| Thrivent Financial for Lutherans | Sold out | -1.8m |
| Amundi | Reduced | -1.0m |
| SSI INVESTMENT MANAGEMENT LLC | Reduced | -940.0k |
| AQR Arbitrage LLC | Sold out | -896.0k |
| Windsor Capital Management, LLC | Reduced | -70.0k |
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| Radcliffe Capital Management, L.P. 0.74% of their portfolio | 12.2m $11.9m | Added +1.0m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 10.5m $10.2m | Added +3.5m |
| Windsor Capital Management, LLC 1.68% of their portfolio | 5.0m $4.9m | Reduced -70.0k |
| SSI INVESTMENT MANAGEMENT LLC 0.32% of their portfolio | 4.7m $4.5m | Reduced -940.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 4.0m $3.9m | Added +3.6m |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.46% of their portfolio | 3.3m $3.2m | Added +1.0m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.5m $2.6m | Reduced -32.0k |
| ZAZOVE ASSOCIATES LLC 0.21% of their portfolio | 2.4m $2.3m | Reduced -3.5m |
| Amundi 0.00% of their portfolio | 2.0m $1.9m | Reduced -1.0m |
| AEGON USA Investment Management, LLC 0.56% of their portfolio | 2.0m $2.0m | Unchanged |
| Lombard Odier Asset Management (Europe) Ltd 0.10% of their portfolio | 2.0m $2.0m | Reduced -2.0m |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $1.2m | Added +78.0k |
| Skaana Management L.P. 0.58% of their portfolio | 1.0m $976.1k | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 808.0k $796.7k | New |
| Sculati Wealth Management, LLC 0.41% of their portfolio | 779.0k $766.2k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 732.0k $714.5k | New |
| Carnegie Investment Counsel 0.03% of their portfolio | 666.0k $650.1k | Added +5.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 598.0k $583.0k | Added +130.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 467.0k $462.6k | Added +58.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 316.0k $308.0k | Unchanged |
| AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP 0.27% of their portfolio | 295.0k $287.9k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 288.0k $281.0k | Reduced -8.0k |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 193.0k $188.4k | Unchanged |
| Wealthstar Advisors, LLC 0.08% of their portfolio | 186.0k $181.5k | Unchanged |
| Sigma Planning Corp 0.01% of their portfolio | 175.0k $170.8k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 137.6k $137.6k | Reduced -2.9k |
| Aveo Capital Partners, LLC 0.02% of their portfolio | 122.0k $119.1k | Unchanged |
| FIRST HAWAIIAN BANK 0.00% of their portfolio | 119.0k $116.2k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 100.0k $97.6k | Added +5.0k |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 90.0k $87.8k | Unchanged |
| Goodman Financial Corp 0.02% of their portfolio | 86.0k $83.9k | Unchanged |
| Integrated Advisors Network LLC 0.00% of their portfolio | 83.0k $81.5k | Added +30.0k |
| LPL Financial LLC 0.00% of their portfolio | 75.0k $73.8k | Unchanged |
| HOHIMER WEALTH MANAGEMENT, LLC 0.02% of their portfolio | 75.0k $73.2k | Unchanged |
| Cetera Advisors LLC 0.00% of their portfolio | 70.0k $68.3k | Unchanged |
| REGIONS FINANCIAL CORP 0.00% of their portfolio | 65.0k $63.0k | Unchanged |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 50.0k $48.8k | Unchanged |
| Johnson Financial Group, Inc. 0.00% of their portfolio | 50.0k $48.8k | New |
| Sowell Financial Services LLC 0.00% of their portfolio | 50.0k $49.0k | New |
| Cetera Investment Advisers 0.00% of their portfolio | 50.0k $48.8k | Unchanged |
| Divergent Wealth Advisors 0.01% of their portfolio | 49.0k $47.8k | Unchanged |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 45.0k $44.3k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 40.0k $39.0k | New |
| U.S. Capital Wealth Advisors, LLC 0.00% of their portfolio | 40.0k $39.0k | New |
| Lineweaver Wealth Advisors, LLC 0.01% of their portfolio | 35.0k $34.2k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 32.0k $31.2k | Unchanged |
| DIMENSION CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 30.0k $29.3k | Unchanged |
| Commonwealth Retirement Investments LLC 0.02% of their portfolio | 30.0k $29.5k | Unchanged |
| Executive Wealth Management, LLC 0.00% of their portfolio | 27.0k $26.4k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 25.0k $24.4k | Unchanged |
| Sunbelt Securities, Inc. 0.00% of their portfolio | 25.0k $24.3k | Unchanged |
| OmniStar Financial Group, Inc. 0.03% of their portfolio | 25.0k $24.4k | Unchanged |
| Activest Wealth Management 0.02% of their portfolio | 25.0k $24.4k | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 24.0k $23.4k | Reduced -5.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 22.0k $21.5k | Added +15.0k |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 20.0k $19.5k | Unchanged |
| Wealthspire Advisors, LLC 0.00% of their portfolio | 20.0k $19.8k | Unchanged |
| Patriot Financial Group Insurance Agency, LLC 0.00% of their portfolio | 17.0k $16.6k | Unchanged |
| Focus Partners Advisor Solutions, LLC 0.00% of their portfolio | 17.0k $16.7k | New |
| WEDBUSH SECURITIES INC 0.07% of their portfolio | 15.0k $1.5m | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 15.0k $15.0k | Unchanged |
| Triton Financial Group Inc 0.01% of their portfolio | 15.0k $14.8k | Unchanged |
| INTEGRAL INVESTMENT ADVISORS, INC. 0.01% of their portfolio | 15.0k $14.6k | Unchanged |
| Venture Visionary Partners LLC 0.00% of their portfolio | 14.0k $13.8k | New |
| Private Advisor Group, LLC 0.00% of their portfolio | 13.0k $12.8k | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 10.0k $9.8k | New |
| Praetorian Wealth Management, Inc. 0.00% of their portfolio | 10.0k $9.8k | Unchanged |
| LAFFER TENGLER INVESTMENTS, INC. 0.30% of their portfolio | 1.1k $1.1m | Unchanged |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio | 149 $14.6k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |