BlackRock TCP Capital
TCPC
99 hedge funds and large institutions have $311M invested in BlackRock TCP Capital in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 28 closing their positions.
656% more call options, than puts
Call options by funds: $2.58M | Put options by funds: $341K
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
0% more capital invested
Capital invested by funds: $310M → $311M (+$1.05M)
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
3% less funds holding
Funds holding: 102 → 99 (-3)
11% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$15.3M |
| 2 |
ClearBridge Investments
New York
|
+$4.12M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.57M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.28M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$16.4M |
| 2 |
TA
Teachers Advisors
New York
|
-$10.3M |
| 3 |
State Street
Boston,
Massachusetts
|
-$9.57M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$7.26M |
| 5 |
Millennium Management
New York
|
-$6.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
BlackRock
New York
| – | -$18K | -1,087 | Closed |
|
|
HI
127
Hudock Inc
Williamsport,
Pennsylvania
| – | -$4K | -250 | Closed |
|
TCPC Hedge Fund Activity: Q2 2014 in Review
99 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q2 2014, worth a combined $311M — up 0.34% from $310M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TCPC and 25 opened new positions — a net loss of 3 holders — while 30 trimmed existing stakes and 28 added.
The largest buyer was Wells Fargo, adding an estimated $15.3M. The largest seller was BlackRock Fund Advisors, exiting entirely with an estimated $16.4M sold.
- 99 institutional investors held BlackRock TCP Capital (TCPC) as of Q2 2014, down from 102 in Q1 2014.
- Funds reported $311M of BlackRock TCP Capital stock for Q2 2014, up 0.34% quarter-over-quarter.
- 25 funds opened new BlackRock TCP Capital positions in Q2 2014 and 28 closed out, a net change of -3 holders.
- The largest BlackRock TCP Capital buyer in Q2 2014 was Wells Fargo, an estimated $15.3M added.
- The largest BlackRock TCP Capital seller in Q2 2014 was BlackRock Fund Advisors, an estimated $16.4M sold.
Based on aggregated 13F filings for Q2 2014.