BlackRock TCP Capital
TCPC
104 hedge funds and large institutions have $496M invested in BlackRock TCP Capital in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
55.34% more ownership
Funds ownership: 0% → 55.34% (+55%)
8% more funds holding
Funds holding: 96 → 104 (+8)
8% more capital invested
Capital invested by funds: $460M → $496M (+$35.5M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$9.95M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$6.24M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.41M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$5.57M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$3.3M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.68M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.44M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
101
Global Retirement Partners
San Rafael,
California
| $7K | +$7.25K | +439 | New |
|
102
US Bancorp
Minneapolis,
Minnesota
| $3K | +$2.49K | +151 | New |
|
103
Barclays
London,
United Kingdom
| $1K | -$6.87K | -416 | -89% |
|
|
GCP
104
GSA Capital Partners
London,
United Kingdom
| – | -$1.36M | -83,167 | Closed |
|
105
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$886K | -54,100 | Closed |
|
106
LPL Financial
San Diego,
California
| – | -$186K | -11,356 | Closed |
|
|
GH
107
GAM Holding
Zurich,
Switzerland
| – | -$65K | -3,985 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$48K | -2,952 | Closed |
|
|
TC
109
Trust Company
Manhattan,
Kansas
| – | -$5K | -280 | Closed |
|
|
MFS
110
MSI Financial Services
Springfield,
Massachusetts
| – | -$2K | -100 | Closed |
|
|
PCM
111
Prelude Capital Management
New York
| – | -$2K | -100 | Closed |
|
|
SPIA
112
Steward Partners Investment Advisory
New York
| – | +$479 | +29 | New |
|
TCPC Hedge Fund Activity: Q4 2016 in Review
104 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q4 2016, worth a combined $496M — up 7.7% from $460M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TCPC positions and 8 closed out — a net gain of 9 holders — while 36 added to existing stakes and 37 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $9.95M. The largest seller was ClearBridge Investments, cutting an estimated $5.57M.
- 104 institutional investors held BlackRock TCP Capital (TCPC) as of Q4 2016, up from 96 in Q3 2016.
- Funds reported $496M of BlackRock TCP Capital stock for Q4 2016, up 7.7% quarter-over-quarter.
- 17 funds opened new BlackRock TCP Capital positions in Q4 2016 and 8 closed out, a net change of +9 holders.
- The largest BlackRock TCP Capital buyer in Q4 2016 was Muzinich & Co, an estimated $9.95M added.
- The largest BlackRock TCP Capital seller in Q4 2016 was ClearBridge Investments, an estimated $5.57M sold.
Based on aggregated 13F filings for Q4 2016.