BlackRock TCP Capital
TCPC
126 hedge funds and large institutions have $197M invested in BlackRock TCP Capital in 2022 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 46 increasing their positions, 32 reducing their positions, and 22 closing their positions.
1,728% more call options, than puts
Call options by funds: $713K | Put options by funds: $39K
44% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 32
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
17% more capital invested
Capital invested by funds: $168M → $197M (+$28.4M)
2% more funds holding
Funds holding: 124 → 126 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.34% less ownership
Funds ownership: 26.66% → 26.32% (-0.34%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.22M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.81M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.23M |
| 4 |
HF
HRT Financial
New York
|
+$906K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$777K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$8.91M |
| 2 |
Morgan Stanley
New York
|
-$2.48M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.07M |
| 4 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
-$656K |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$520K |
TCPC Hedge Fund Activity: Q4 2022 in Review
126 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q4 2022, worth a combined $197M — up 17% from $168M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TCPC positions and 22 closed out — a net gain of 5 holders — while 46 added to existing stakes and 32 trimmed.
The largest buyer was Millennium Management, adding an estimated $4.22M. The largest seller was Invesco, exiting entirely with an estimated $8.91M sold.
- 126 institutional investors held BlackRock TCP Capital (TCPC) as of Q4 2022, up from 124 in Q3 2022.
- Funds reported $197M of BlackRock TCP Capital stock for Q4 2022, up 17% quarter-over-quarter.
- 27 funds opened new BlackRock TCP Capital positions in Q4 2022 and 22 closed out, a net change of +5 holders.
- The largest BlackRock TCP Capital buyer in Q4 2022 was Millennium Management, an estimated $4.22M added.
- The largest BlackRock TCP Capital seller in Q4 2022 was Invesco, an estimated $8.91M sold.
Based on aggregated 13F filings for Q4 2022.