Hercules Capital
HTGC
266 hedge funds and large institutions have $482M invested in Hercules Capital in 2023 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 95 increasing their positions, 68 reducing their positions, and 18 closing their positions.
100% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 18
73% more call options, than puts
Call options by funds: $22M | Put options by funds: $12.7M
40% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 68
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
15% more capital invested
Capital invested by funds: $418M → $482M (+$63.8M)
7% more funds holding
Funds holding: 249 → 266 (+17)
0.41% less ownership
Funds ownership: 19.84% → 19.43% (-0.41%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$16.7M |
| 2 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$2.16M |
| 3 |
GL
Graypoint LLC
Albany,
New York
|
+$2.06M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.01M |
| 5 |
VanEck Associates
New York
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$5.54M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.21M |
| 3 |
BlackRock
New York
|
-$2.48M |
| 4 |
BTCPP
Border to Coast Pensions Partnership
Leeds,
United Kingdom
|
-$2.46M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$1.78M |
HTGC Hedge Fund Activity: Q3 2023 in Review
266 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q3 2023, worth a combined $482M — up 15% from $418M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new HTGC positions and 18 closed out — a net gain of 18 holders — while 95 added to existing stakes and 68 trimmed.
The largest buyer was Marshall Wace, adding an estimated $16.7M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), exiting entirely with an estimated $5.54M sold.
- 266 institutional investors held Hercules Capital (HTGC) as of Q3 2023, up from 249 in Q2 2023.
- Funds reported $482M of Hercules Capital stock for Q3 2023, up 15% quarter-over-quarter.
- 36 funds opened new Hercules Capital positions in Q3 2023 and 18 closed out, a net change of +18 holders.
- The largest Hercules Capital buyer in Q3 2023 was Marshall Wace, an estimated $16.7M added.
- The largest Hercules Capital seller in Q3 2023 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $5.54M sold.
Based on aggregated 13F filings for Q3 2023.