Hercules Capital
HTGC
171 hedge funds and large institutions have $391M invested in Hercules Capital in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 69 increasing their positions, 48 reducing their positions, and 37 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 48
1.65% less ownership
Funds ownership: 38.17% → 36.52% (-1.6%)
6% less funds holding
Funds holding: 181 → 171 (-10)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
19% less capital invested
Capital invested by funds: $481M → $391M (-$90.8M)
24% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 37
83% less call options, than puts
Call options by funds: $122K | Put options by funds: $705K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$8.71M |
| 2 |
SAMH
Shanda Asset Management Holdings
Tortola,,
British Virgin Islands
|
+$5.75M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$5.29M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
+$2.36M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$30.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.44M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$3.96M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.81M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Group One Trading
Chicago,
Illinois
| – | -$7K | -500 | Closed |
|
|
ML
202
McAdam LLC
Philadelphia,
Pennsylvania
| – | -$7K | -500 | Closed |
|
|
FPFS
203
First Personal Financial Services
Charlotte,
North Carolina
| – | -$5K | -368 | Closed |
|
|
DWM
204
Destination Wealth Management
Walnut Creek,
California
| – | -$1K | -85 | Closed |
|
HTGC Hedge Fund Activity: Q4 2018 in Review
171 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q4 2018, worth a combined $391M — down 19% from $481M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of HTGC and 28 opened new positions — a net loss of 9 holders — while 48 trimmed existing stakes and 69 added.
The largest buyer was JP Morgan Chase, adding an estimated $8.71M. The largest seller was Principal Financial Group, exiting entirely with an estimated $30.8M sold.
- 171 institutional investors held Hercules Capital (HTGC) as of Q4 2018, down from 181 in Q3 2018.
- Funds reported $391M of Hercules Capital stock for Q4 2018, down 19% quarter-over-quarter.
- 28 funds opened new Hercules Capital positions in Q4 2018 and 37 closed out, a net change of -9 holders.
- The largest Hercules Capital buyer in Q4 2018 was JP Morgan Chase, an estimated $8.71M added.
- The largest Hercules Capital seller in Q4 2018 was Principal Financial Group, an estimated $30.8M sold.
Based on aggregated 13F filings for Q4 2018.