Prospect Capital Advisors 13F annual report

Prospect Capital Advisors is an investment fund managing more than $264 billion ran by Keith Williams. There are currently 30 companies in Mr. Williams’s portfolio. The largest investments include PJT Partners Inc and Five9 Inc, together worth $39.4 billion.

$264 billion Assets Under Management (AUM)

As of 7th August 2023, Prospect Capital Advisors’s top holding is 297,080 shares of PJT Partners Inc currently worth over $20.7 billion and making up 7.8% of the portfolio value. Relative to the number of outstanding shares of PJT Partners Inc, Prospect Capital Advisors owns more than approximately 0.1% of the company. In addition, the fund holds 226,540 shares of Five9 Inc worth $18.7 billion, whose value fell 11.1% in the past six months. The third-largest holding is Inmode Ltd worth $18.3 billion and the next is Grand Canyon Ed Inc worth $17.7 billion, with 171,523 shares owned.

Currently, Prospect Capital Advisors's portfolio is worth at least $264 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Prospect Capital Advisors

The Prospect Capital Advisors office and employees reside in Sausalito, California. According to the last 13-F report filed with the SEC, Keith Williams serves as the Chief Compliance Officer at Prospect Capital Advisors.

Recent trades

In the most recent 13F filing, Prospect Capital Advisors revealed that it had opened a new position in Cars.com and bought 308,050 shares worth $6.11 billion. This means they effectively own approximately 0.1% of the company. Cars.com makes up 15.5% of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in PJT Partners Inc by buying 62,700 additional shares. This makes their stake in PJT Partners Inc total 297,080 shares worth $20.7 billion. PJT Partners Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Prospect Capital Advisors is getting rid of from its portfolio. Prospect Capital Advisors closed its position in VanEck ETF Trust on 14th August 2023. It sold the previously owned 5,130 shares for $1.42 billion. Keith Williams also disclosed a decreased stake in Grand Canyon Ed Inc by approximately 0.1%. This leaves the value of the investment at $17.7 billion and 171,523 shares.

One of the smaller hedge funds

The two most similar investment funds to Prospect Capital Advisors are Retireful and Ribbit Capital Gp Ii. They manage $264 billion and $265 billion respectively.

Keith Williams investment strategy

Prospect Capital Advisors’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Technology — making up 32.3% of the total portfolio value. The fund focuses on investments in the United States as 66.7% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 17% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $93.4 billion.

The complete list of Prospect Capital Advisors trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
PJT Partners Inc	26.75% 297,080	$20,688,651,000	7.83%
Five9 Inc	1.07% 226,540	$18,678,223,000	7.07%
Inmode Ltd	19.91% 491,100	$18,342,585,000	6.94%
Grand Canyon Ed Inc	3.16% 171,523	$17,702,889,000	6.70%
Silicon Motion Technology Corp	14.70% 240,350	$17,271,551,000	6.54%
Pool Corporation	0.11% 41,245	$15,452,027,000	5.85%
Federal Signal Corp.	0.10% 208,000	$13,318,240,000	5.04%
Vivid Seats Inc	3,440.95% 1,643,000	$13,012,560,000	4.92%
OSI Systems, Inc.	19.19% 102,680	$12,098,784,000	4.58%
American Tower Corp.	10.26% 61,885	$12,001,977,000	4.54%
Encore Cap Group Inc	52.29% 179,700	$8,737,014,000	3.31%
Watsco Inc.	25.97% 20,540	$7,835,394,000	2.97%
ZoomInfo Technologies Inc.	57.41% 282,400	$7,170,136,000	2.71%
Nexstar Media Group Inc	25.13% 41,075	$6,841,041,000	2.59%
Funko Inc	33.44% 616,150	$6,666,743,000	2.52%
Willscot Mobil Mini Hldng Co	105.85% 128,350	$6,133,847,000	2.32%
Microsoft Corporation	45.37% 17,970	$6,119,504,000	2.32%
Cars.com	Opened 308,050	$6,105,551,000	2.31%
Crocs Inc	Opened 51,340	$5,772,670,000	2.18%
Arlo Technologies Inc	Opened 513,450	$5,601,740,000	2.12%
Cinemark Holdings Inc	1.60% 307,800	$5,078,700,000	1.92%
Caesars Entertainment Inc Ne	5.42% 99,470	$5,069,986,000	1.92%
The Beauty Health Company	1,050.88% 590,400	$4,941,648,000	1.87%
Sprout Social, Inc.	12.51% 100,000	$4,616,000,000	1.75%
Academy Sports & Outdoors In	Opened 77,000	$4,161,850,000	1.58%
Onto Innovation Inc.	31.28% 29,775	$3,467,894,000	1.31%
Dave & Busters Entmt Inc	60.15% 74,550	$3,321,948,000	1.26%
Kura Sushi USA, Inc.	53.78% 30,805	$2,863,325,000	1.08%
Boot Barn Holdings Inc	31.41% 30,790	$2,607,605,000	0.99%
Super Micro Computer Inc	80.25% 10,260	$2,557,305,000	0.97%
VanEck ETF Trust	Closed 5,130	$1,421,677,000
Everi Holdings Inc	Closed 61,400	$1,053,010,000
Inspired Entmt Inc	Closed 76,875	$983,231,000
Cutera Inc	Closed 30,700	$725,134,000
Ecarx Holdings Inc	Closed 45,000	$262,800,000
No transactions found
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