We are live on ! Find out more
HTGC icon

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
HF
26
HRT Financial
New York
$10.2M +$4.96M +280,198 +101%
JP Morgan Chase
27
JP Morgan Chase
New York
$9.62M -$2.74M -154,457 -23%
CSS
28
Cubist Systematic Strategies
Connecticut
$8.18M +$1.96M +110,653 +33%
AI
29
Atom Investors
Texas
$7.1M +$5.87M +331,585 +583%
CIM
30
Confluence Investment Management
Missouri
$7.02M +$20.4K +1,149 +0.3%
Goldman Sachs
31
Goldman Sachs
New York
$7M +$6.15M +347,224 +972%
AAM
32
Advisors Asset Management
Colorado
$7M -$543K -30,664 -7%
BTCPP
33
Border to Coast Pensions Partnership
United Kingdom
$6.86M +$443K +25,000 +7%
Neuberger Berman Group
34
Neuberger Berman Group
New York
$6.39M +$4.07M +229,921 +192%
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$6.27M +$1.05M +59,546 +21%
DA
36
Denali Advisors
California
$6.1M -$127K -7,192 -2%
Ameriprise
37
Ameriprise
Minnesota
$5.98M -$48.9K -2,762 -0.8%
DADC
38
D.A. Davidson & Co
Montana
$5.4M +$170K +9,585 +3%
STB
39
S&T Bank
Pennsylvania
$5.27M -$323K -18,229 -6%
Commonwealth Equity Services
40
Commonwealth Equity Services
Massachusetts
$5.25M +$226K +12,745 +5%
LBWM
41
Left Brain Wealth Management
Illinois
$5.19M +$91.7K +5,174 +2%
PNC Financial Services Group
42
PNC Financial Services Group
Pennsylvania
$4.91M -$94K -5,306 -2%
JF
43
Jump Financial
Illinois
$4.82M +$4.34M +244,796 +1,308%
TC
44
TwinBeech Capital
New York
$4.8M +$2.68M +151,391 +136%
EGM
45
Engineers Gate Manager
New York
$4.4M +$2.29M +129,227 +116%
Connor, Clark & Lunn Investment Management (CC&L)
46
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.99M -$2.68M -151,307 -41%
TC
47
Truvestments Capital
Florida
$3.86M -$3.19K -180 -0.1%
NW
48
Naviter Wealth
Arkansas
$3.72M +$341K +19,237 +10%
William Blair & Company
49
William Blair & Company
Illinois
$3.71M +$56.8K +3,205 +2%
BNP Paribas Financial Markets
50
BNP Paribas Financial Markets
France
$3.69M +$798K +45,027 +29%

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.