We are live on ! Find out more
TCPC icon

BlackRock TCP Capital
TCPC

106 hedge funds and large institutions have $430M invested in BlackRock TCP Capital in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 42 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

2.24% less ownership

Funds ownership: 53.62% → 51.39% (-2.2%)

5% less funds holding

Funds holding: 111 → 106 (-5)

11% less capital invested

Capital invested by funds: $482M → $430M (-$51.8M)

26% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 19

31% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 42

46% less call options, than puts

Call options by funds: $142K | Put options by funds: $262K

Holders
106
Holders Change
-5
Holders Change %
-4.5%
% of All Funds
2.43%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.09%
New
14
Increased
29
Reduced
42
Closed
19
Calls
$142K
Puts
$262K
Net Calls
-$120K
Net Calls Change
-$117K

Top Buyers

Rank Fund Capital Flow
1
AM
Ares Management
California
+$8.62M
2
MWNA
Marshall Wace North America
New York
+$3.99M
3
Bank of America
Bank of America
North Carolina
+$3.69M
4
GCP
GSA Capital Partners
United Kingdom
+$897K
5
BI
Bramshill Investments
Florida
+$816K

Top Sellers

Rank Fund Capital Flow
1
MC
Muzinich & Co
New York
-$9.63M
2
Wells Fargo
Wells Fargo
California
-$5.58M
3
Millennium Management
Millennium Management
New York
-$3.33M
4
VNIM
Vaughan Nelson Investment Management
Texas
-$3.2M
5
UBS Group
UBS Group
Switzerland
-$3.15M
Name Holding Trade Value Shares
Change 		Change in
Stake
MWNA
26
Marshall Wace North America
New York
$3.86M +$3.99M +271,422 New
Two Sigma Advisers
27
Two Sigma Advisers
New York
$3.69M -$409K -27,800 -10%
Natixis Advisors
28
Natixis Advisors
Massachusetts
$3.69M -$13.6K -926 -0.4%
Invesco
29
Invesco
Georgia
$3.49M -$408K -27,779 -10%
Two Sigma Investments
30
Two Sigma Investments
New York
$3.46M +$310K +21,091 +9%
D.E. Shaw & Co
31
D.E. Shaw & Co
New York
$3.05M +$89.4K +6,083 +3%
Legal & General Group
32
Legal & General Group
United Kingdom
$3.04M +$469K +31,884 +18%
MCM
33
McKinley Capital Management
Alaska
$2.62M +$347K +23,611 +15%
DADC
34
D.A. Davidson & Co
Montana
$2.59M -$99.6K -6,781 -4%
FWIA
35
Fort Washington Investment Advisors
Ohio
$2.01M +$497K +33,820 +32%
PAWC
36
P.A.W. Capital
Connecticut
$1.78M +$514K +35,000 +39%
RJA
37
Raymond James & Associates
Florida
$1.64M +$295K +20,097 +21%
Stifel Financial
38
Stifel Financial
Missouri
$1.62M -$266K -18,074 -14%
RJFSA
39
Raymond James Financial Services Advisors
Florida
$1.36M +$157K +10,716 +13%
TFCM
40
Taylor Frigon Capital Management
Arizona
$1.32M +$10.8K +737 +0.8%
RVPG
41
Relative Value Partners Group
$1.3M +$375K +25,512 +39%
GCP
42
GSA Capital Partners
United Kingdom
$1.28M +$897K +61,056 +210%
CIBC Private Wealth Group
43
CIBC Private Wealth Group
Georgia
$1.25M -$293K -19,948 -18%
MCM
44
Monument Capital Management
Virginia
$1.17M +$38K +2,583 +3%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$1.13M -$165K -11,200 -12%
LC
46
Lubar & Co
Wisconsin
$1.09M – – –
CBB
47
Citizens Business Bank
California
$953K – – –
CCM
48
Covington Capital Management
California
$899K +$7.35K +500 +0.8%
SCM
49
Shelton Capital Management
Colorado
$889K – – –
Bank of Montreal
50
Bank of Montreal
Ontario, Canada
$873K -$450K -30,600 -33%
1
2
3 4 5

TCPC Hedge Fund Activity: Q1 2018 in Review

106 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q1 2018, worth a combined $430M — down 11% from $482M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of TCPC and 14 opened new positions — a net loss of 5 holders — while 42 trimmed existing stakes and 29 added.

The largest buyer was Ares Management, adding an estimated $8.62M. The largest seller was Muzinich & Co, cutting an estimated $9.63M.

  • 106 institutional investors held BlackRock TCP Capital (TCPC) as of Q1 2018, down from 111 in Q4 2017.
  • Funds reported $430M of BlackRock TCP Capital stock for Q1 2018, down 11% quarter-over-quarter.
  • 14 funds opened new BlackRock TCP Capital positions in Q1 2018 and 19 closed out, a net change of -5 holders.
  • The largest BlackRock TCP Capital buyer in Q1 2018 was Ares Management, an estimated $8.62M added.
  • The largest BlackRock TCP Capital seller in Q1 2018 was Muzinich & Co, an estimated $9.63M sold.

Based on aggregated 13F filings for Q1 2018.