Hercules Capital
HTGC
152 hedge funds and large institutions have $475M invested in Hercules Capital in 2014 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 70 increasing their positions, 35 reducing their positions, and 33 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
100% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 35
7% more capital invested
Capital invested by funds: $445M → $475M (+$30M)
3% less funds holding
Funds holding: 157 → 152 (-5)
4.2% less ownership
Funds ownership: 51.11% → 46.91% (-4.2%)
15% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 33
85% less call options, than puts
Call options by funds: $281K | Put options by funds: $1.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$7.59M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$7.27M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$6.93M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.24M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$21.6M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$20.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$14.6M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$14.5M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$10.9M |
HTGC Hedge Fund Activity: Q2 2014 in Review
152 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q2 2014, worth a combined $475M — up 6.8% from $445M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of HTGC and 28 opened new positions — a net loss of 5 holders — while 35 trimmed existing stakes and 70 added.
The largest buyer was AllianceBernstein, adding an estimated $7.59M. The largest seller was BlackRock Fund Advisors, exiting entirely with an estimated $21.6M sold.
- 152 institutional investors held Hercules Capital (HTGC) as of Q2 2014, down from 157 in Q1 2014.
- Funds reported $475M of Hercules Capital stock for Q2 2014, up 6.8% quarter-over-quarter.
- 28 funds opened new Hercules Capital positions in Q2 2014 and 33 closed out, a net change of -5 holders.
- The largest Hercules Capital buyer in Q2 2014 was AllianceBernstein, an estimated $7.59M added.
- The largest Hercules Capital seller in Q2 2014 was BlackRock Fund Advisors, an estimated $21.6M sold.
Based on aggregated 13F filings for Q2 2014.