BlackRock TCP Capital
TCPC
98 hedge funds and large institutions have $313M invested in BlackRock TCP Capital in 2015 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 35 reducing their positions, and 12 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
4% more funds holding
Funds holding: 94 → 98 (+4)
0% less capital invested
Capital invested by funds: $313M → $313M (-$461K)
16% less call options, than puts
Call options by funds: $191K | Put options by funds: $227K
20% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$4.01M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.56M |
| 3 |
WFI
West Family Investments
Carlsbad,
California
|
+$1.82M |
| 4 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
+$1.31M |
| 5 |
Two Sigma Investments
New York
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11.2M |
| 2 |
ClearBridge Investments
New York
|
-$2.54M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.31M |
| 4 |
GCM
Grisanti Capital Management
New York
|
-$1.3M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$563K | -38,391 | Closed |
|
|
TI
102
Trexquant Investment
Stamford,
Connecticut
| – | -$385K | -28,400 | Closed |
|
103
D.E. Shaw & Co
New York
| – | -$178K | -13,102 | Closed |
|
|
PP
104
PDT Partners
New York
| – | -$167K | -12,320 | Closed |
|
105
Barclays
London,
United Kingdom
| – | -$26K | -2,000 | Closed |
|
|
AF
106
Allworth Financial
Folsom,
California
| – | -$8K | -606 | Closed |
|
|
PFO
107
Pathstone Family Office
Englewood,
New Jersey
| – | -$8K | -572 | Closed |
|
|
FMII
108
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$3K | -250 | Closed |
|
|
SSB
109
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -109 | Closed |
|
TCPC Hedge Fund Activity: Q4 2015 in Review
98 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q4 2015, worth a combined $313M — down 0.15% from $313M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TCPC positions and 12 closed out — a net gain of 4 holders — while 28 added to existing stakes and 35 trimmed.
The largest buyer was Vaughan Nelson Investment Management, adding an estimated $4.01M. The largest seller was Wells Fargo, cutting an estimated $11.2M.
- 98 institutional investors held BlackRock TCP Capital (TCPC) as of Q4 2015, up from 94 in Q3 2015.
- Funds reported $313M of BlackRock TCP Capital stock for Q4 2015, down 0.15% quarter-over-quarter.
- 16 funds opened new BlackRock TCP Capital positions in Q4 2015 and 12 closed out, a net change of +4 holders.
- The largest BlackRock TCP Capital buyer in Q4 2015 was Vaughan Nelson Investment Management, an estimated $4.01M added.
- The largest BlackRock TCP Capital seller in Q4 2015 was Wells Fargo, an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2015.