Hercules Capital
HTGC
149 hedge funds and large institutions have $514M invested in Hercules Capital in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 50 increasing their positions, 51 reducing their positions, and 10 closing their positions.
170% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 10
12% more funds holding
Funds holding: 133 → 149 (+16)
1% more capital invested
Capital invested by funds: $508M → $514M (+$6.3M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 51
2.48% less ownership
Funds ownership: 53.28% → 50.8% (-2.5%)
30% less call options, than puts
Call options by funds: $378K | Put options by funds: $537K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$8.45M |
| 2 |
Morgan Stanley
New York
|
+$6.65M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$4.62M |
| 4 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$4.24M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$16M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$7.49M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$7.22M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$6.07M |
| 5 |
Bank of New York Mellon
New York
|
-$4.97M |
HTGC Hedge Fund Activity: Q4 2013 in Review
149 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q4 2013, worth a combined $514M — up 1.2% from $508M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new HTGC positions and 10 closed out — a net gain of 17 holders — while 50 added to existing stakes and 51 trimmed.
The largest buyer was Laffer Tengler Investments, opening a new position worth an estimated $8.45M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $16M sold.
- 149 institutional investors held Hercules Capital (HTGC) as of Q4 2013, up from 133 in Q3 2013.
- Funds reported $514M of Hercules Capital stock for Q4 2013, up 1.2% quarter-over-quarter.
- 27 funds opened new Hercules Capital positions in Q4 2013 and 10 closed out, a net change of +17 holders.
- The largest Hercules Capital buyer in Q4 2013 was Laffer Tengler Investments, an estimated $8.45M added.
- The largest Hercules Capital seller in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $16M sold.
Based on aggregated 13F filings for Q4 2013.