Hercules Capital
HTGC
150 hedge funds and large institutions have $422M invested in Hercules Capital in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 52 reducing their positions, and 32 closing their positions.
1% more call options, than puts
Call options by funds: $927K | Put options by funds: $919K
0% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 52
3.27% less ownership
Funds ownership: 42.75% → 39.48% (-3.3%)
9% less funds holding
Funds holding: 165 → 150 (-15)
10% less capital invested
Capital invested by funds: $469M → $422M (-$46.5M)
34% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 32
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$4.11M |
| 2 |
Two Sigma Investments
New York
|
+$2.94M |
| 3 |
Millennium Management
New York
|
+$2.93M |
| 4 |
Morgan Stanley
New York
|
+$2.21M |
| 5 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$10.3M |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$8.49M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$7.4M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.96M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.5M |
HTGC Hedge Fund Activity: Q3 2017 in Review
150 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q3 2017, worth a combined $422M — down 9.9% from $469M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of HTGC and 21 opened new positions — a net loss of 11 holders — while 52 trimmed existing stakes and 52 added.
The largest buyer was Ares Management, adding an estimated $4.11M. The largest seller was Muzinich & Co, cutting an estimated $10.3M.
- 150 institutional investors held Hercules Capital (HTGC) as of Q3 2017, down from 165 in Q2 2017.
- Funds reported $422M of Hercules Capital stock for Q3 2017, down 9.9% quarter-over-quarter.
- 21 funds opened new Hercules Capital positions in Q3 2017 and 32 closed out, a net change of -11 holders.
- The largest Hercules Capital buyer in Q3 2017 was Ares Management, an estimated $4.11M added.
- The largest Hercules Capital seller in Q3 2017 was Muzinich & Co, an estimated $10.3M sold.
Based on aggregated 13F filings for Q3 2017.