Prospect Capital Advisors, LLC

Fundamental concentrated ★Highest signal CIK 1632368
League rank
#126
in Fundamental concentrated · #189 overall
Long book
$179.9M
Q1 2026
Positions
28
Top-10 weight
61%
concentration
Last quarter
+30.7%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

Prospect Capital Advisors, LLC is a concentrated fundamental stock-picker, running a $179.9M US long book across 28 positions.

The portfolio is concentrated: the top 10 names carry 61% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: PJT PARTNERS INC - A, GRAND CANYON EDUCATION INC, OSI SYSTEMS INC, ENOVA INTERNATIONAL INC, SUPER GROUP SGHC LTD.

Over the last 9 quarters its long book ran on average 3.6pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.0%
Q2 2024
+1.7%
Q3 2024
+4.6%
Q4 2024
-5.3%
Q1 2025
+31.0%
Q2 2025
+17.6%
Q3 2025
-3.8%
Q4 2025
-3.8%
Q1 2026
+30.7%

Sector allocation

Financials
28%
Services media
25%
Technology
22%
Consumer staples
8%
Industrials
5%
Consumer discretionary
5%
Other
4%
Healthcare
3%

Long book by quarter

$224.8M
Q1 2024
$237.1M
Q2 2024
$221.1M
Q3 2024
$172.3M
Q4 2024
$146.1M
Q1 2025
$166.0M
Q2 2025
$193.0M
Q3 2025
$193.9M
Q4 2025
$179.9M
Q1 2026

What does Prospect Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
PJT PJT PARTNERS INC - AFinancials98.2K$13.7M7.6%+2.3%
LOPE GRAND CANYON EDUCATION INCServices media80.5K$13.7M7.6%+3.1%
OSIS OSI SYSTEMS INCTechnology49.5K$13.1M7.3%-4.8%
ENVA ENOVA INTERNATIONAL INCFinancials88.8K$12.1M6.7%+5.5%
SGHC SUPER GROUP SGHC LTDServices media1.0M$11.3M6.3%+42.9%
RSI RUSH STREET INTERACTIVE INCServices media482.5K$10.5M5.8%+9.1%
DAVE DAVE INCFinancials52.2K$9.1M5.1%+39.4%
TPB TURNING POINT BRANDS INCConsumer staples104.5K$9.1M5.0%-12.7%
TTMI TTM TECHNOLOGIESTechnology75.8K$7.4M4.1%-39.4%
IMAX IMAX CORPOther172.4K$6.6M3.6%-31.0%
IDCC INTERDIGITAL INCFinancials21.4K$6.5M3.6%-23.8%
BLBD BLUE BIRD CORPIndustrials96.6K$5.5M3.1%-13.7%
MSFT MICROSOFT CORPTechnology14.7K$5.4M3.0%+27.9%
ARLO ARLO TECHNOLOGIES INCServices media365.8K$5.2M2.9%-29.7%
CELH CELSIUS HOLDINGS INCConsumer staples130.6K$4.6M2.6%+4.5%
LSCC LATTICE SEMICONDUCTOR CORPTechnology49.6K$4.6M2.6%-20.6%
INMD INMODE LTDHealthcare313.4K$4.3M2.4%+50.6%
GPGI GPGI INCFinancials240.3K$4.1M2.3%-23.1%
FSS FEDERAL SIGNAL CORPIndustrials30.2K$3.3M1.8%Held
POOL POOL CORPConsumer discretionary15.6K$3.1M1.8%Held
DIOD DIODES INCTechnology41.8K$2.9M1.6%New
WSO WATSCO INCConsumer discretionary7.8K$2.8M1.6%Held
OPLN OPENLANE INCConsumer discretionary83.6K$2.4M1.4%New
NXST NEXSTAR MEDIA GROUP INCCommunications7.5K$1.4M0.8%Held
FIVN FIVE9 INCTechnology89.3K$1.4M0.8%Held
BLND BLEND LABS INC-ATechnology731.5K$1.2M0.7%-59.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HR/ARESTATEMENTMay 29, 202655$179.9M canonicalSEC ↗
Q1 202613F-HRMay 15, 202656$179.9M SEC ↗
Q4 202513F-HRFeb 17, 202653$193.9M canonicalSEC ↗
Q3 202513F-HRNov 14, 202554$193.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 202550$166.0M canonicalSEC ↗
Q1 202513F-HRMay 15, 202528$146.1M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202551$172.3M canonicalSEC ↗
Q3 202413F-HRNov 14, 202447$221.1M canonicalSEC ↗
Q2 202413F-HRAug 14, 202450$237.1M canonicalSEC ↗
Q1 202413F-HRMay 15, 202438$224.8M canonicalSEC ↗

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