BlackRock TCP Capital
TCPC
83 hedge funds and large institutions have $367M invested in BlackRock TCP Capital in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 20 reducing their positions, and 18 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 20
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
1% more capital invested
Capital invested by funds: $364M → $367M (+$2.94M)
10% less funds holding
Funds holding: 92 → 83 (-9)
30% less call options, than puts
Call options by funds: $184K | Put options by funds: $262K
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
Top Buyers
| 1 |
Wells Fargo
San Francisco,
California
|
+$12.3M |
| 2 |
Morgan Stanley
New York
|
+$3.27M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.11M |
| 4 |
MC
Muzinich & Co
New York
|
+$1.98M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.48M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Group One Trading
Chicago,
Illinois
| – | -$5.34K | -331 | Closed |
|
TCPC Hedge Fund Activity: Q1 2015 in Review
83 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q1 2015, worth a combined $367M — up 0.81% from $364M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TCPC and 9 opened new positions — a net loss of 9 holders — while 20 trimmed existing stakes and 33 added.
The largest buyer was Wells Fargo, adding an estimated $12.3M. The largest seller was NWQ Investment Management Company, exiting entirely with an estimated $4.27M sold.
- 83 institutional investors held BlackRock TCP Capital (TCPC) as of Q1 2015, down from 92 in Q4 2014.
- Funds reported $367M of BlackRock TCP Capital stock for Q1 2015, up 0.81% quarter-over-quarter.
- 9 funds opened new BlackRock TCP Capital positions in Q1 2015 and 18 closed out, a net change of -9 holders.
- The largest BlackRock TCP Capital buyer in Q1 2015 was Wells Fargo, an estimated $12.3M added.
- The largest BlackRock TCP Capital seller in Q1 2015 was NWQ Investment Management Company, an estimated $4.27M sold.
Based on aggregated 13F filings for Q1 2015.