Hercules Capital
HTGC
290 hedge funds and large institutions have $536M invested in Hercules Capital in 2023 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 116 increasing their positions, 62 reducing their positions, and 23 closing their positions.
204% more call options, than puts
Call options by funds: $17.3M | Put options by funds: $5.69M
126% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 23
87% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 62
11% more capital invested
Capital invested by funds: $482M → $536M (+$53.6M)
9% more funds holding
Funds holding: 266 → 290 (+24)
1.83% more ownership
Funds ownership: 19.43% → 21.26% (+1.8%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$9.46M |
| 2 |
VanEck Associates
New York
|
+$6.03M |
| 3 |
Goldman Sachs
New York
|
+$3.23M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.13M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$2.06M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$1.99M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.67M |
| 4 |
Two Sigma Investments
New York
|
-$1.56M |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
-$1.39M |
HTGC Hedge Fund Activity: Q4 2023 in Review
290 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q4 2023, worth a combined $536M — up 11% from $482M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new HTGC positions and 23 closed out — a net gain of 29 holders — while 116 added to existing stakes and 62 trimmed.
The largest buyer was Marshall Wace, adding an estimated $9.46M. The largest seller was Miller Howard Investments, cutting an estimated $2.06M.
- 290 institutional investors held Hercules Capital (HTGC) as of Q4 2023, up from 266 in Q3 2023.
- Funds reported $536M of Hercules Capital stock for Q4 2023, up 11% quarter-over-quarter.
- 52 funds opened new Hercules Capital positions in Q4 2023 and 23 closed out, a net change of +29 holders.
- The largest Hercules Capital buyer in Q4 2023 was Marshall Wace, an estimated $9.46M added.
- The largest Hercules Capital seller in Q4 2023 was Miller Howard Investments, an estimated $2.06M sold.
Based on aggregated 13F filings for Q4 2023.