BlackRock TCP Capital
TCPC
111 hedge funds and large institutions have $146M invested in BlackRock TCP Capital in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 44 reducing their positions, and 17 closing their positions.
3% more capital invested
Capital invested by funds: $142M → $146M (+$3.8M)
0.75% less ownership
Funds ownership: 23.91% → 23.15% (-0.75%)
5% less funds holding
Funds holding: 117 → 111 (-6)
18% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 44
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
99% less call options, than puts
Call options by funds: $260K | Put options by funds: $21.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.67M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$873K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$869K |
| 4 |
Two Sigma Investments
New York
|
+$858K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$696K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
C
Cliffwater
Marina Del Rey,
California
|
-$2.08M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.35M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
-$1.05M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$855K |
TCPC Hedge Fund Activity: Q2 2023 in Review
111 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q2 2023, worth a combined $146M — up 2.7% from $142M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TCPC and 13 opened new positions — a net loss of 4 holders — while 44 trimmed existing stakes and 36 added.
The largest buyer was Bank of America, adding an estimated $1.67M. The largest seller was Cliffwater, cutting an estimated $2.08M.
- 111 institutional investors held BlackRock TCP Capital (TCPC) as of Q2 2023, down from 117 in Q1 2023.
- Funds reported $146M of BlackRock TCP Capital stock for Q2 2023, up 2.7% quarter-over-quarter.
- 13 funds opened new BlackRock TCP Capital positions in Q2 2023 and 17 closed out, a net change of -4 holders.
- The largest BlackRock TCP Capital buyer in Q2 2023 was Bank of America, an estimated $1.67M added.
- The largest BlackRock TCP Capital seller in Q2 2023 was Cliffwater, an estimated $2.08M sold.
Based on aggregated 13F filings for Q2 2023.