Hercules Capital
HTGC
157 hedge funds and large institutions have $445M invested in Hercules Capital in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 70 increasing their positions, 36 reducing their positions, and 15 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 36
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
5% more funds holding
Funds holding: 149 → 157 (+8)
0.31% more ownership
Funds ownership: 50.8% → 51.11% (+0.31%)
14% less capital invested
Capital invested by funds: $514M → $445M (-$69.7M)
67% less call options, than puts
Call options by funds: $266K | Put options by funds: $795K
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$5.38M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$2.87M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.74M |
| 4 |
Morgan Stanley
New York
|
+$2.61M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$15.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.97M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.53M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.68M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.21M |
HTGC Hedge Fund Activity: Q1 2014 in Review
157 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q1 2014, worth a combined $445M — down 14% from $514M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new HTGC positions and 15 closed out — a net gain of 10 holders — while 70 added to existing stakes and 36 trimmed.
The largest buyer was Edge Asset Management, adding an estimated $5.38M. The largest seller was ING Group, exiting entirely with an estimated $15.9M sold.
- 157 institutional investors held Hercules Capital (HTGC) as of Q1 2014, up from 149 in Q4 2013.
- Funds reported $445M of Hercules Capital stock for Q1 2014, down 14% quarter-over-quarter.
- 25 funds opened new Hercules Capital positions in Q1 2014 and 15 closed out, a net change of +10 holders.
- The largest Hercules Capital buyer in Q1 2014 was Edge Asset Management, an estimated $5.38M added.
- The largest Hercules Capital seller in Q1 2014 was ING Group, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2014.