Hercules Capital
HTGC
133 hedge funds and large institutions have $508M invested in Hercules Capital in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 42 reducing their positions, and 10 closing their positions.
76% more call options, than puts
Call options by funds: $920K | Put options by funds: $522K
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
21% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 42
9% more capital invested
Capital invested by funds: $468M → $508M (+$40.4M)
4% more funds holding
Funds holding: 128 → 133 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.2% less ownership
Funds ownership: 54.49% → 53.28% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$7.91M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.22M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$4.12M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.53M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$7.52M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$7.3M |
| 3 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$5.76M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.71M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$5.26M |
HTGC Hedge Fund Activity: Q3 2013 in Review
133 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q3 2013, worth a combined $508M — up 8.6% from $468M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new HTGC positions and 10 closed out — a net gain of 7 holders — while 51 added to existing stakes and 42 trimmed.
The largest buyer was Robeco Institutional Asset Management, opening a new position worth an estimated $7.91M. The largest seller was Mason Street Advisors, exiting entirely with an estimated $7.52M sold.
- 133 institutional investors held Hercules Capital (HTGC) as of Q3 2013, up from 128 in Q2 2013.
- Funds reported $508M of Hercules Capital stock for Q3 2013, up 8.6% quarter-over-quarter.
- 17 funds opened new Hercules Capital positions in Q3 2013 and 10 closed out, a net change of +7 holders.
- The largest Hercules Capital buyer in Q3 2013 was Robeco Institutional Asset Management, an estimated $7.91M added.
- The largest Hercules Capital seller in Q3 2013 was Mason Street Advisors, an estimated $7.52M sold.
Based on aggregated 13F filings for Q3 2013.