Firsthand Technology Value Fund, Inc. Common Stock
SVVC
SVVC was delisted on the 25th of October, 2023.
30 hedge funds and large institutions have $9.56M invested in Firsthand Technology Value Fund, Inc. Common Stock in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 6 closing their positions.
6% less funds holding
Funds holding: 32 → 30 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
42% less capital invested
Capital invested by funds: $16.4M → $9.56M (-$6.86M)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$611K |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$372K |
| 3 |
FO
FT Options
Chicago,
Illinois
|
+$161K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$40.4K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$25.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.06M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.89M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$773K |
| 4 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$257K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$160K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| – | -$43K | -5,306 | Closed |
|
27
UBS Group
Zurich,
Switzerland
| – | -$37K | -4,478 | Closed |
|
|
EWM
28
Edge Wealth Management
New York
| – | -$16K | -1,867 | Closed |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$13K | -1,688 | Closed |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -110 | Closed |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| – | +$296 | +41 | New |
|
SVVC Hedge Fund Activity: Q1 2016 in Review
30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Firsthand Technology Value Fund, Inc. Common Stock (SVVC) for Q1 2016, worth a combined $9.56M — down 42% from $16.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SVVC and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Wells Fargo, adding an estimated $611K. The largest seller was Credit Suisse, cutting an estimated $3.06M.
- 30 institutional investors held Firsthand Technology Value Fund, Inc. Common Stock (SVVC) as of Q1 2016, down from 32 in Q4 2015.
- Funds reported $9.56M of Firsthand Technology Value Fund, Inc. Common Stock stock for Q1 2016, down 42% quarter-over-quarter.
- 4 funds opened new Firsthand Technology Value Fund, Inc. Common Stock positions in Q1 2016 and 6 closed out, a net change of -2 holders.
- The largest Firsthand Technology Value Fund, Inc. Common Stock buyer in Q1 2016 was Wells Fargo, an estimated $611K added.
- The largest Firsthand Technology Value Fund, Inc. Common Stock seller in Q1 2016 was Credit Suisse, an estimated $3.06M sold.
Based on aggregated 13F filings for Q1 2016.