Hercules Capital
HTGC
138 hedge funds and large institutions have $379M invested in Hercules Capital in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 56 increasing their positions, 48 reducing their positions, and 31 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 48
5.47% less ownership
Funds ownership: 46.91% → 41.44% (-5.5%)
9% less funds holding
Funds holding: 152 → 138 (-14)
20% less capital invested
Capital invested by funds: $475M → $379M (-$95.6M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
45% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 31
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$4.82M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$2.33M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$2.16M |
| 4 |
ZDA
Zweig-DiMenna Associates
New York
|
+$1.47M |
| 5 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$8.03M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$7.18M |
| 3 |
Morgan Stanley
New York
|
-$5.59M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.09M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$4.28M |
HTGC Hedge Fund Activity: Q3 2014 in Review
138 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q3 2014, worth a combined $379M — down 20% from $475M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of HTGC and 17 opened new positions — a net loss of 14 holders — while 48 trimmed existing stakes and 56 added.
The largest buyer was Edge Asset Management, adding an estimated $4.82M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $8.03M sold.
- 138 institutional investors held Hercules Capital (HTGC) as of Q3 2014, down from 152 in Q2 2014.
- Funds reported $379M of Hercules Capital stock for Q3 2014, down 20% quarter-over-quarter.
- 17 funds opened new Hercules Capital positions in Q3 2014 and 31 closed out, a net change of -14 holders.
- The largest Hercules Capital buyer in Q3 2014 was Edge Asset Management, an estimated $4.82M added.
- The largest Hercules Capital seller in Q3 2014 was Driehaus Capital Management, an estimated $8.03M sold.
Based on aggregated 13F filings for Q3 2014.