Hercules Capital
HTGC
140 hedge funds and large institutions have $361M invested in Hercules Capital in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 47 reducing their positions, and 19 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 47
1.1% more ownership
Funds ownership: 40.32% → 41.42% (+1.1%)
7% less call options, than puts
Call options by funds: $707K | Put options by funds: $760K
3% less funds holding
Funds holding: 144 → 140 (-4)
9% less capital invested
Capital invested by funds: $397M → $361M (-$36M)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$12.9M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$4.76M |
| 3 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$4.23M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.11M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$10.5M |
| 2 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$3.94M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.63M |
| 4 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$2.44M |
| 5 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$2.43M |
HTGC Hedge Fund Activity: Q1 2015 in Review
140 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q1 2015, worth a combined $361M — down 9.1% from $397M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HTGC and 17 opened new positions — a net loss of 2 holders — while 47 trimmed existing stakes and 54 added.
The largest buyer was Edge Asset Management, adding an estimated $12.9M. The largest seller was Principal Financial Group, exiting entirely with an estimated $10.5M sold.
- 140 institutional investors held Hercules Capital (HTGC) as of Q1 2015, down from 144 in Q4 2014.
- Funds reported $361M of Hercules Capital stock for Q1 2015, down 9.1% quarter-over-quarter.
- 17 funds opened new Hercules Capital positions in Q1 2015 and 19 closed out, a net change of -2 holders.
- The largest Hercules Capital buyer in Q1 2015 was Edge Asset Management, an estimated $12.9M added.
- The largest Hercules Capital seller in Q1 2015 was Principal Financial Group, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2015.