BlackRock TCP Capital
TCPC
112 hedge funds and large institutions have $245M invested in BlackRock TCP Capital in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 31 increasing their positions, 41 reducing their positions, and 16 closing their positions.
496% more call options, than puts
Call options by funds: $1.76M | Put options by funds: $295K
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
21% more capital invested
Capital invested by funds: $202M → $245M (+$43.1M)
4% more funds holding
Funds holding: 108 → 112 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.45% less ownership
Funds ownership: 31.07% → 30.62% (-0.45%)
24% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.88M |
| 2 |
BZWA
Blue Zone Wealth Advisors
Los Angeles,
California
|
+$2.62M |
| 3 |
VanEck Associates
New York
|
+$2.04M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
+$1.63M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.19M |
| 2 |
Neuberger Berman Group
New York
|
-$1.96M |
| 3 |
Rockefeller Capital Management
New York
|
-$1.52M |
| 4 |
MC
Muzinich & Co
New York
|
-$876K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$846K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$92K | -8,190 | Closed |
|
127
US Bancorp
Minneapolis,
Minnesota
| – | -$15K | -1,315 | Closed |
|
TCPC Hedge Fund Activity: Q1 2021 in Review
112 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q1 2021, worth a combined $245M — up 21% from $202M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TCPC positions and 16 closed out — a net gain of 4 holders — while 31 added to existing stakes and 41 trimmed.
The largest buyer was Invesco, adding an estimated $2.88M. The largest seller was Acadian Asset Management, cutting an estimated $8.19M.
- 112 institutional investors held BlackRock TCP Capital (TCPC) as of Q1 2021, up from 108 in Q4 2020.
- Funds reported $245M of BlackRock TCP Capital stock for Q1 2021, up 21% quarter-over-quarter.
- 20 funds opened new BlackRock TCP Capital positions in Q1 2021 and 16 closed out, a net change of +4 holders.
- The largest BlackRock TCP Capital buyer in Q1 2021 was Invesco, an estimated $2.88M added.
- The largest BlackRock TCP Capital seller in Q1 2021 was Acadian Asset Management, an estimated $8.19M sold.
Based on aggregated 13F filings for Q1 2021.