Dark Forest Capital Management’s Hercules Capital HTGC Stock Holding History

Dark Forest Capital Management’s Portfolio HTGC Stock Details HTGC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-27,059	Closed	-$495K	–	1298
2025 Q2	$495K	Sell	27,059 -3,694	-12%	-$65.4K	0.02%	934
2025 Q1	$591K	Buy	30,753 +11,291	+58%	+$228K	0.03%	872
2024 Q4	$391K	Buy	+19,462	New	+$380K	0.06%	548
2024 Q2	–	Sell	-11,709	Closed	-$216K	–	760
2024 Q1	$216K	Buy	+11,709	New	+$208K	0.04%	594
2023 Q4	–	Sell	-76,685	Closed	-$1.26M	–	765
2023 Q3	$1.26M	Buy	76,685 +30,029	+64%	+$492K	0.1%	317
2023 Q2	$691K	Buy	+46,656	New	+$640K	0.06%	484
2022 Q2	–	Sell	-804	Closed	-$14K	–	1094
2022 Q1	$14K	Buy	+804	New	+$14.1K	﹤0.01%	912

Other funds holding HTGC

UBP

Union Bancaire Privee Geneva 1, Switzerland $9.16B AUM 31.4% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

SIS

Sound Income Strategies Ft Lauderdale, Florida $2.24B AUM 8.38% 1-Year Est. Return

Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Dark Forest Capital Management's HTGC Position: Q3 2025 in Review

Dark Forest Capital Management sold out of Hercules Capital (HTGC) in Q3 2025, closing a stake of 27,059 shares — an estimated $495K sold.

Dark Forest Capital Management first reported a position in HTGC in Q1 2022 and held it in 7 quarters. The position peaked at $1.26M in Q3 2023. 344 funds tracked by Wall St. Rank hold HTGC as of Q3 2025.

Dark Forest Capital Management reported no remaining Hercules Capital position as of Q3 2025 after selling out during the quarter.
Dark Forest Capital Management sold 27,059 Hercules Capital shares in Q3 2025, an estimated $495K.
Dark Forest Capital Management first reported a position in Hercules Capital in Q1 2022 and held it in 7 quarters.
Dark Forest Capital Management's Hercules Capital position peaked at $1.26M in Q3 2023.
344 funds tracked by Wall St. Rank held Hercules Capital as of Q3 2025.

Based on Dark Forest Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.