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Hercules Capital

171 hedge funds and large institutions have $391M invested in Hercules Capital in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 69 increasing their positions, 48 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 48

1.65% less ownership

Funds ownership: 38.17%36.52% (-1.6%)

6% less funds holding

Funds holding: 181171 (-10)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

19% less capital invested

Capital invested by funds: $481M → $391M (-$90.8M)

24% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 37

83% less call options, than puts

Call options by funds: $122K | Put options by funds: $705K

Holders
171
Holders Change
-10
Holders Change %
-5.52%
% of All Funds
3.81%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
28
Increased
69
Reduced
48
Closed
37
Calls
$122K
Puts
$705K
Net Calls
-$583K
Net Calls Change
+$51K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$30.6M -$999K -81,912 -3%
SAMH
2
Shanda Asset Management Holdings
British Virgin Islands
$23.2M +$5.75M +471,571 +29%
UBS Group
3
UBS Group
Switzerland
$21.2M -$4.44M -364,370 -16%
AM
4
Ares Management
California
$19.1M +$2.36M +193,150 +13%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$19.1M -$1.12M -91,624 -5%
JP Morgan Chase
6
JP Morgan Chase
New York
$17.7M +$8.71M +714,601 +80%
MC
7
Muzinich & Co
New York
$15M +$253K +20,764 +2%
SIS
8
Sound Income Strategies
Florida
$12.9M +$634K +52,021 +5%
GIP
9
Granite Investment Partners
California
$12.5M -$1.22M -100,276 -8%
Wells Fargo
10
Wells Fargo
California
$11.5M -$790K -64,789 -6%
ACM
11
Advisors Capital Management
New Jersey
$9.68M +$8.45K +693 +0.1%
CIM
12
Confluence Investment Management
Missouri
$9.14M +$9.11K +747 +0.1%
Morgan Stanley
13
Morgan Stanley
New York
$9.12M +$513K +42,055 +5%
Stifel Financial
14
Stifel Financial
Missouri
$8.27M +$399K +32,741 +5%
VanEck Associates
15
VanEck Associates
New York
$8.15M +$151K +12,368 +2%
MPAM
16
Monarch Partners Asset Management
Massachusetts
$8.1M +$5.29M +434,050 +145%
STB
17
S&T Bank
Pennsylvania
$6.89M -$729K -59,801 -9%
GC
18
Guggenheim Capital
Illinois
$5.94M -$1.27M -104,392 -16%
NC
19
Northpointe Capital
Michigan
$5.33M -$3.96M -324,545 -40%
BlackRock
20
BlackRock
New York
$4.83M -$280K -23,000 -5%
LSV Asset Management
21
LSV Asset Management
Illinois
$4.82M -$68.3K -5,600 -1%
Legal & General Group
22
Legal & General Group
United Kingdom
$4.81M +$1.13M +92,461 +27%
Loomis, Sayles & Company
23
Loomis, Sayles & Company
Massachusetts
$4.69M -$17.1K -1,405 -0.3%
Nomura Holdings
24
Nomura Holdings
Japan
$4.61M +$391K +32,032 +8%
MCM
25
McKinley Capital Management
Alaska
$4.5M +$1.16M +94,889 +30%

HTGC Hedge Fund Activity: Q4 2018 in Review

171 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q4 2018, worth a combined $391M — down 19% from $481M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of HTGC and 28 opened new positions — a net loss of 9 holders — while 48 trimmed existing stakes and 69 added.

The largest buyer was JP Morgan Chase, adding an estimated $8.71M. The largest seller was Principal Financial Group, exiting entirely with an estimated $30.8M sold.

  • 171 institutional investors held Hercules Capital (HTGC) as of Q4 2018, down from 181 in Q3 2018.
  • Funds reported $391M of Hercules Capital stock for Q4 2018, down 19% quarter-over-quarter.
  • 28 funds opened new Hercules Capital positions in Q4 2018 and 37 closed out, a net change of -9 holders.
  • The largest Hercules Capital buyer in Q4 2018 was JP Morgan Chase, an estimated $8.71M added.
  • The largest Hercules Capital seller in Q4 2018 was Principal Financial Group, an estimated $30.8M sold.

Based on aggregated 13F filings for Q4 2018.