Hercules Capital
HTGC
148 hedge funds and large institutions have $430M invested in Hercules Capital in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 67 increasing their positions, 39 reducing their positions, and 13 closing their positions.
97% more capital inflows, than outflows
Capital inflows: $45.4M | Capital outflows: $23M
72% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 39
66% more call options, than puts
Call options by funds: $509K | Put options by funds: $307K
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
1.25% more ownership
Funds ownership: 41.16% → 42.41% (+1.3%)
1% more funds holding
Funds holding: 147 → 148 (+1)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$5M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$4.03M |
| 3 |
Two Sigma Investments
New York
|
+$3.28M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$3M |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$3.94M |
| 2 |
Brinker Capital
Berwyn,
Pennsylvania
|
-$2.96M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.71M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.71M |
| 5 |
WFI
West Family Investments
Carlsbad,
California
|
-$1.63M |
HTGC Hedge Fund Activity: Q3 2016 in Review
148 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q3 2016, worth a combined $430M — up 14% from $377M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HTGC positions and 13 closed out — a net gain of 6 holders — while 67 added to existing stakes and 39 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $5M. The largest seller was NWQ Investment Management Company, exiting entirely with an estimated $3.94M sold.
- 148 institutional investors held Hercules Capital (HTGC) as of Q3 2016, up from 147 in Q2 2016.
- Funds reported $430M of Hercules Capital stock for Q3 2016, up 14% quarter-over-quarter.
- 19 funds opened new Hercules Capital positions in Q3 2016 and 13 closed out, a net change of +6 holders.
- The largest Hercules Capital buyer in Q3 2016 was Muzinich & Co, an estimated $5M added.
- The largest Hercules Capital seller in Q3 2016 was NWQ Investment Management Company, an estimated $3.94M sold.
Based on aggregated 13F filings for Q3 2016.