PROSPECT CAP CORP PSEC 6.375 03.01.25
NOTE 6.375% 3/0 · US DOMESTIC · CUSIP 74348TAT9
95
institutional holders
+11 vs Q4 2023
24.5m
shares reported held*
$84.2mreported value*
15 new
14 added
12 reduced
5 sold out
net bought ≈ $6.5m (+4.2m 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 ≈ $3.44.
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 72 |
| Q4 2022 | 71 |
| Q1 2023 | 70 |
| Q2 2023 | 76 |
| Q3 2023 | 79 |
| Q4 2023 | 84 |
| Q1 2024 | 95 |
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 |
| Q2 2023 | 18 | 13 |
| Q3 2023 | 19 | 13 |
| Q4 2023 | 20 | 16 |
| Q1 2024 | 29 | 17 |
Biggest buyers
| Catalyst Capital Advisors LLC | New | +4.1m |
| MORGAN STANLEY | Added | +1.3m |
| Radcliffe Capital Management, L.P. | Added | +503.0k |
| SCHOLTZ & COMPANY, LLC | New | +480.0k |
| PIPER SANDLER & CO. | New | +335.0k |
| ROYAL BANK OF CANADA | Added | +264.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +211.0k |
| Cetera Investment Advisers | Added | +180.0k |
| LPL Financial LLC | Added | +60.0k |
| BARCLAYS PLC | New | +50.0k |
Biggest sellers
| AEGON USA Investment Management, LLC | Reduced | -650.0k |
| CITIGROUP INC | Reduced | -212.0k |
| Cetera Advisor Networks LLC | Sold out | -110.0k |
| Cetera Advisors LLC | Sold out | -70.0k |
| Windsor Capital Management, LLC | Reduced | -45.0k |
| Clark Capital Management Group, Inc. | Sold out | -40.0k |
| OPINICUS CAPITAL, INC. | Reduced | -25.0k |
| Cambridge Investment Research Advisors, Inc. | Reduced | -20.0k |
| LANARK FINANCIAL, INC. | Reduced | -18.0k |
| Triton Financial Group Inc | Sold out | -15.0k |
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| Radcliffe Capital Management, L.P. 2.43% of their portfolio | 12.7m $12.6m | Added +503.0k |
| NorthCoast Asset Management LLC 0.14% of their portfolio | 10.8m $10.8m | Reduced -10.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 10.7m $10.6m | Added +211.0k |
| Windsor Capital Management, LLC 1.47% of their portfolio | 4.7m $4.7m | Reduced -45.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 4.5m $4.5m | Unchanged |
| Catalyst Capital Advisors LLC 0.11% of their portfolio | 4.1m $4.5m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 3.5m $3.5m | Unchanged |
| SSI INVESTMENT MANAGEMENT LLC 0.26% of their portfolio | 3.4m $3.4m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 3.4m $3.3m | Added +1.3m |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.41% of their portfolio | 3.3m $3.2m | Unchanged |
| Amundi 0.00% of their portfolio | 2.8m $2.8m | Unchanged |
| Lombard Odier Asset Management (Europe) Ltd 0.18% of their portfolio | 2.8m $2.8m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.7m $2.7m | Added +264.0k |
| Calamos Advisors LLC 0.00% of their portfolio | 813.0k $806.9k | Unchanged |
| Sculati Wealth Management, LLC 0.34% of their portfolio | 779.0k $779.6k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 688.0k $683.0k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 630.0k $629.8k | Added +26.0k |
| Carnegie Investment Counsel 0.02% of their portfolio | 580.0k $580.5k | Reduced -14.0k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 508.0k $506.8k | Unchanged |
| SCHOLTZ & COMPANY, LLC 0.21% of their portfolio | 480.0k $478.2k | New |
| Clearstead Advisors, LLC 0.02% of their portfolio | 350.0k $352.6k | Unchanged |
| AEGON USA Investment Management, LLC 0.23% of their portfolio | 350.0k $347.4k | Reduced -650.0k |
| PIPER SANDLER & CO. 0.23% of their portfolio | 335.0k $332.5k | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 320.0k $317.6k | Added +50.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 308.0k $306.0k | Reduced -20.0k |
| CITIGROUP INC 0.00% of their portfolio | 300.0k $300.2k | Reduced -212.0k |
| AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP 0.22% of their portfolio | 295.0k $292.7k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 277.0k $274.9k | Added +1.0k |
| Cetera Investment Advisers 0.00% of their portfolio | 230.0k $228.3k | Added +180.0k |
| OPINICUS CAPITAL, INC. 0.19% of their portfolio | 210.0k $210.2k | Reduced -25.0k |
| LPL Financial LLC 0.00% of their portfolio | 195.0k $195.2k | Added +60.0k |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 193.0k $191.6k | Unchanged |
| Sigma Planning Corp 0.01% of their portfolio | 181.0k $179.6k | Added +6.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 176.7k $176.7k | Added +36.1k |
| Wealthstar Advisors, LLC 0.06% of their portfolio | 164.0k $162.8k | Unchanged |
| Aveo Capital Partners, LLC 0.01% of their portfolio | 122.0k $121.2k | Unchanged |
| FIRST HAWAIIAN BANK 0.00% of their portfolio | 119.0k $118.1k | Unchanged |
| GRAHAM CAPITAL WEALTH MANAGEMENT, LLC 0.19% of their portfolio | 110.0k $109.2k | Added +10.0k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 100.0k $99.3k | Unchanged |
| PHILLIPS FINANCIAL MANAGEMENT, LLC 0.01% of their portfolio | 100.0k $99.3k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 96.0k $95.3k | Unchanged |
| Goodman Financial Corp 0.02% of their portfolio | 86.0k $85.9k | Unchanged |
| Integrated Advisors Network LLC 0.00% of their portfolio | 83.0k $82.8k | Unchanged |
| HOHIMER WEALTH MANAGEMENT, LLC 0.02% of their portfolio | 75.0k $74.4k | Unchanged |
| REGIONS FINANCIAL CORP 0.00% of their portfolio | 65.0k $64.5k | Unchanged |
| MWA Asset Management 0.04% of their portfolio | 53.0k $52.6k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 50.0k $50.0k | New |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 50.0k $49.6k | Unchanged |
| Divergent Wealth Advisors 0.01% of their portfolio | 49.0k $48.6k | Unchanged |
| Wealthspire Retirement, LLC 0.00% of their portfolio | 49.0k $49.0k | New |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 45.0k $45.0k | Unchanged |
| U.S. Capital Wealth Advisors, LLC 0.00% of their portfolio | 40.0k $39.7k | Unchanged |
| TOWNSQUARE CAPITAL LLC 0.00% of their portfolio | 37.0k $37.0k | Added +17.0k |
| Lineweaver Wealth Advisors, LLC 0.01% of their portfolio | 35.0k $34.7k | Unchanged |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 35.0k $34.7k | Unchanged |
| SUTTON PLACE INVESTORS LLC 0.02% of their portfolio | 35.0k $35.2k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 32.0k $31.8k | Unchanged |
| Realta Investment Advisors 0.01% of their portfolio | 30.0k $29.8k | Unchanged |
| Commonwealth Retirement Investments LLC 0.01% of their portfolio | 30.0k $30.0k | Unchanged |
| Executive Wealth Management, LLC 0.00% of their portfolio | 27.0k $27.0k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 25.0k $25.0k | Unchanged |
| Sunbelt Securities, Inc. 0.00% of their portfolio | 25.0k $24.8k | Unchanged |
| OmniStar Financial Group, Inc. 0.02% of their portfolio | 25.0k $24.8k | Unchanged |
| NFSG Corp 0.01% of their portfolio | 25.0k $25.0k | New |
| CoreCap Advisors, LLC 0.00% of their portfolio | 25.0k $25.0k | Unchanged |
| Goldstein Advisors, LLC 0.00% of their portfolio | 25.0k $25.0k | Reduced -6.0k |
| DIMENSION CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 22.5k $22.3k | Reduced -7.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 22.0k $21.8k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 20.0k $19.9k | New |
| Mesirow Financial Investment Management, Inc. 0.00% of their portfolio | 20.0k $19.9k | New |
| Wealthspire Advisors, LLC 0.00% of their portfolio | 20.0k $20.1k | Unchanged |
| Bright Futures Wealth Management, LLC. 0.01% of their portfolio | 20.0k $19.9k | First filing |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 19.0k $18.0k | Reduced -18.0k |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.01% of their portfolio | 19.0k $19.0k | New |
| Patriot Financial Group Insurance Agency, LLC 0.00% of their portfolio | 17.0k $17.0k | Unchanged |
| AXXCESS WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 16.0k $15.9k | Unchanged |
| WEDBUSH SECURITIES INC 0.06% of their portfolio | 15.0k $1.5m | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 15.0k $14.9k | Unchanged |
| INTEGRAL INVESTMENT ADVISORS, INC. 0.01% of their portfolio | 15.0k $15.0k | Unchanged |
| Transcendent Capital Group LLC 0.00% of their portfolio | 15.0k $14.9k | New |
| World Investment Advisors 0.00% of their portfolio | 14.0k $13.9k | Unchanged |
| Venture Visionary Partners LLC 0.00% of their portfolio | 14.0k $14.0k | Unchanged |
| Private Advisor Group, LLC 0.00% of their portfolio | 13.0k $13.0k | Unchanged |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 10.0k $9.9k | Unchanged |
| MCDONALD PARTNERS LLC 0.00% of their portfolio | 10.0k $9.9k | New |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 10.0k $9.9k | Unchanged |
| WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 0.00% of their portfolio | 10.0k $10.1k | New |
| RDA Financial Network 0.00% of their portfolio | 10.0k $10.0k | Unchanged |
| Praetorian Wealth Management, Inc. 0.00% of their portfolio | 10.0k $9.9k | Unchanged |
| CGN Advisors LLC 0.00% of their portfolio | 10.0k $10.0k | New |
| LAFFER TENGLER INVESTMENTS, INC. 0.71% of their portfolio | 2.7k $2.8m | Reduced -114 |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio | 150 $14.9k | Reduced -14.8k |
| Activest Wealth Management 0.01% of their portfolio | 25 $24.9k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 23 $22.8k | Added +13 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |