Hercules Capital
HTGC
174 hedge funds and large institutions have $460M invested in Hercules Capital in 2018 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 60 increasing their positions, 49 reducing their positions, and 15 closing their positions.
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
22% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 49
16% more capital invested
Capital invested by funds: $397M → $460M (+$62.6M)
8% more funds holding
Funds holding: 161 → 174 (+13)
0.47% more ownership
Funds ownership: 38.55% → 39.02% (+0.47%)
7% less call options, than puts
Call options by funds: $1.76M | Put options by funds: $1.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$14.5M |
| 2 |
STB
S&T Bank
Indiana,
Pennsylvania
|
+$8.38M |
| 3 |
JP Morgan Chase
New York
|
+$7.93M |
| 4 |
Two Sigma Investments
New York
|
+$5.92M |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$10.8M |
| 2 |
MC
Muzinich & Co
New York
|
-$6.88M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$2.64M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$1.8M |
| 5 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$1.71M |
HTGC Hedge Fund Activity: Q2 2018 in Review
174 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q2 2018, worth a combined $460M — up 16% from $397M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new HTGC positions and 15 closed out — a net gain of 13 holders — while 60 added to existing stakes and 49 trimmed.
The largest buyer was Granite Investment Partners, opening a new position worth an estimated $14.5M. The largest seller was Wells Fargo, cutting an estimated $10.8M.
- 174 institutional investors held Hercules Capital (HTGC) as of Q2 2018, up from 161 in Q1 2018.
- Funds reported $460M of Hercules Capital stock for Q2 2018, up 16% quarter-over-quarter.
- 28 funds opened new Hercules Capital positions in Q2 2018 and 15 closed out, a net change of +13 holders.
- The largest Hercules Capital buyer in Q2 2018 was Granite Investment Partners, an estimated $14.5M added.
- The largest Hercules Capital seller in Q2 2018 was Wells Fargo, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2018.