Hercules Capital
HTGC
165 hedge funds and large institutions have $469M invested in Hercules Capital in 2017 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 63 increasing their positions, 48 reducing their positions, and 20 closing their positions.
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
31% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 48
4% more funds holding
Funds holding: 158 → 165 (+7)
0.77% less ownership
Funds ownership: 43.52% → 42.75% (-0.77%)
14% less capital invested
Capital invested by funds: $545M → $469M (-$76.6M)
16% less call options, than puts
Call options by funds: $1.14M | Put options by funds: $1.35M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$21.3M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$9.21M |
| 3 |
MC
Muzinich & Co
New York
|
+$4.59M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.02M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.8M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$6.41M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$5.85M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$4.65M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.4M |
HTGC Hedge Fund Activity: Q2 2017 in Review
165 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q2 2017, worth a combined $469M — down 14% from $545M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new HTGC positions and 20 closed out — a net gain of 8 holders — while 63 added to existing stakes and 48 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $21.3M. The largest seller was Wellington Management Group, cutting an estimated $18.8M.
- 165 institutional investors held Hercules Capital (HTGC) as of Q2 2017, up from 158 in Q1 2017.
- Funds reported $469M of Hercules Capital stock for Q2 2017, down 14% quarter-over-quarter.
- 28 funds opened new Hercules Capital positions in Q2 2017 and 20 closed out, a net change of +8 holders.
- The largest Hercules Capital buyer in Q2 2017 was Principal Financial Group, an estimated $21.3M added.
- The largest Hercules Capital seller in Q2 2017 was Wellington Management Group, an estimated $18.8M sold.
Based on aggregated 13F filings for Q2 2017.