BlackRock TCP Capital
TCPC
141 hedge funds and large institutions have $181M invested in BlackRock TCP Capital in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 42 increasing their positions, 38 reducing their positions, and 27 closing their positions.
81% more call options, than puts
Call options by funds: $862K | Put options by funds: $477K
11% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 38
1% more capital invested
Capital invested by funds: $179M → $181M (+$2.14M)
0.43% less ownership
Funds ownership: 20.05% → 19.62% (-0.43%)
4% less funds holding
Funds holding: 147 → 141 (-6)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
+$4.18M |
| 2 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
+$3.15M |
| 3 |
VanEck Associates
New York
|
+$3.02M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.45M |
| 5 |
CM
Cercano Management
Bellevue,
Washington
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$5.4M |
| 2 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$3.76M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$2.16M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$1.58M |
| 5 |
OC
Oppenheimer & Co
New York
|
-$1.53M |
TCPC Hedge Fund Activity: Q2 2024 in Review
141 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q2 2024, worth a combined $181M — up 1.2% from $179M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TCPC and 24 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 42 added.
The largest buyer was Two Sigma Advisers, adding an estimated $4.18M. The largest seller was Ares Management, cutting an estimated $5.4M.
- 141 institutional investors held BlackRock TCP Capital (TCPC) as of Q2 2024, down from 147 in Q1 2024.
- Funds reported $181M of BlackRock TCP Capital stock for Q2 2024, up 1.2% quarter-over-quarter.
- 24 funds opened new BlackRock TCP Capital positions in Q2 2024 and 27 closed out, a net change of -3 holders.
- The largest BlackRock TCP Capital buyer in Q2 2024 was Two Sigma Advisers, an estimated $4.18M added.
- The largest BlackRock TCP Capital seller in Q2 2024 was Ares Management, an estimated $5.4M sold.
Based on aggregated 13F filings for Q2 2024.