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Hercules Capital

327 hedge funds and large institutions have $938M invested in Hercules Capital in 2025 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 139 increasing their positions, 86 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 86

21% more capital invested

Capital invested by funds: $775M → $938M (+$163M)

3.03% more ownership

Funds ownership: 23.31%26.35% (+3%)

8% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 37

0% more funds holding

Funds holding: 326327 (+1)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

50% less call options, than puts

Call options by funds: $5.7M | Put options by funds: $11.4M

Holders
327
Holders Change
+1
Holders Change %
+0.31%
% of All Funds
4.31%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
40
Increased
139
Reduced
86
Closed
37
Calls
$5.7M
Puts
$11.4M
Net Calls
-$5.74M
Net Calls Change
-$1M
Name Holding Trade Value Shares
Change
Change in
Stake
KFGK
226
Keystone Financial Group (Kentucky)
Kentucky
$223K
Axa
227
Axa
France
$221K
WCM
228
WealthBridge Capital Management
Ohio
$219K
AR
229
Advisory Research
Illinois
$218K -$1.54K -87 -0.7%
Susquehanna International Group
230
Susquehanna International Group
Pennsylvania
$216K -$190K -10,749 -48%
OP
231
ORG Partners
Indiana
$216K
Universal-Beteiligungs- und Servicegesellschaft
232
Universal-Beteiligungs- und Servicegesellschaft
Germany
$211K +$5.28K +298 +3%
PS
233
Principal Securities
Iowa
$200K +$3.13K +177 +2%
DE
234
Diversified Enterprises
Delaware
$189K
PFS
235
Prospera Financial Services
Texas
$184K +$179K +10,078 New
CWM
236
Cedar Wealth Management
California
$178K
IA
237
IFP Advisors
Florida
$168K -$7.23K -408 -4%
LSA
238
Leonteq Securities AG
Switzerland
$137K +$133K +7,500 New
Jones Financial Companies
239
Jones Financial Companies
Missouri
$131K +$40.2K +2,269 +46%
CCM
240
Chilton Capital Management
Texas
$128K
HNB
241
Huntington National Bank
Ohio
$124K
AGWCA
242
Annis Gardner Whiting Capital Advisors
Florida
$123K
GWM
243
Geneos Wealth Management
Colorado
$118K -$102K -5,735 -47%
Mirae Asset Global Investments
244
Mirae Asset Global Investments
South Korea
$110K -$291K -16,405 -73%
AF
245
Allworth Financial
California
$109K +$85.7K +4,837 +426%
Comerica Bank
246
Comerica Bank
Texas
$104K -$26.2K -1,479 -21%
ACM
247
Aquatic Capital Management
Illinois
$99K -$1.52M -85,573 -94%
S
248
SignatureFD
Georgia
$98.9K -$20.3K -1,145 -17%
BC
249
Bayforest Capital
United Kingdom
$96.7K +$93.7K +5,289 New
MCM
250
MAI Capital Management
Ohio
$91.8K -$14K -791 -14%

HTGC Hedge Fund Activity: Q2 2025 in Review

327 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q2 2025, worth a combined $938M — up 21% from $775M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new HTGC positions and 37 closed out — a net gain of 3 holders — while 139 added to existing stakes and 86 trimmed.

The largest buyer was Millennium Management, adding an estimated $44.7M. The largest seller was Citadel Advisors, cutting an estimated $10.6M.

  • 327 institutional investors held Hercules Capital (HTGC) as of Q2 2025, up from 326 in Q1 2025.
  • Funds reported $938M of Hercules Capital stock for Q2 2025, up 21% quarter-over-quarter.
  • 40 funds opened new Hercules Capital positions in Q2 2025 and 37 closed out, a net change of +3 holders.
  • The largest Hercules Capital buyer in Q2 2025 was Millennium Management, an estimated $44.7M added.
  • The largest Hercules Capital seller in Q2 2025 was Citadel Advisors, an estimated $10.6M sold.

Based on aggregated 13F filings for Q2 2025.