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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
CWIG
201
Chung Wu Investment Group
Texas
$277K
Nomura Asset Management
202
Nomura Asset Management
Japan
$275K -$2.8K -158 -1%
AFO
203
Allie Family Office
Florida
$274K
SS
204
Sunbelt Securities
Texas
$272K -$177 -10 -0.1%
ACM
205
Anfield Capital Management
California
$270K
PA
206
Parallel Advisors
California
$269K -$514 -29 -0.2%
WS
207
Wedbush Securities
California
$269K +$16.3K +921 +7%
UCFA
208
United Capital Financial Advisors
Texas
$268K +$260K +14,679 New
SFC
209
Strategic Financial Concepts
Texas
$259K
SCA
210
Snowden Capital Advisors
New York
$256K -$5.31K -300 -2%
CW
211
CreativeOne Wealth
Kansas
$255K -$35 -2 -0%
FDCDDQ
212
Federation des caisses Desjardins du Quebec
Quebec, Canada
$252K
MWM
213
Modern Wealth Management
Kansas
$251K -$14.5K -821 -6%
AAS
214
Avantax Advisory Services
Texas
$246K +$6.27K +354 +3%
Allspring Global Investments
215
Allspring Global Investments
North Carolina
$239K
PA
216
Prossimo Advisors
California
$239K -$77.4K -4,370 -25%
SWP
217
Stratos Wealth Partners
Ohio
$236K +$2.13K +120 +0.9%
KFA
218
Kelleher Financial Advisors
New York
$235K +$248 +14 +0.1%
BCM
219
Brookstone Capital Management
Illinois
$235K -$250K -14,095 -52%
FFP
220
FourThought Financial Partners
Florida
$235K -$32.8K -1,854 -13%
FB
221
Fulton Bank
Pennsylvania
$234K
Focus Partners Wealth
222
Focus Partners Wealth
Massachusetts
$234K -$52.1K -2,940 -19%
Wolverine Trading
223
Wolverine Trading
Illinois
$231K -$526K -29,676 -70%
SI
224
Stephens Inc
Arkansas
$228K
BFA
225
Beaumont Financial Advisors
Massachusetts
$224K +$5.23K +295 +2%

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.