BlackRock TCP Capital
TCPC
123 hedge funds and large institutions have $163M invested in BlackRock TCP Capital in 2023 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 47 increasing their positions, 35 reducing their positions, and 13 closing their positions.
164% more call options, than puts
Call options by funds: $1.24M | Put options by funds: $470K
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
34% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 35
8% more capital invested
Capital invested by funds: $150M → $163M (+$12.6M)
6% more funds holding
Funds holding: 116 → 123 (+7)
2.97% more ownership
Funds ownership: 22.11% → 25.08% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$8.36M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$4.27M |
| 3 |
Morgan Stanley
New York
|
+$4.1M |
| 4 |
VanEck Associates
New York
|
+$1.15M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.52M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.37M |
| 3 |
BlackRock
New York
|
-$1.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.3M |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$729K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
126
Virtu Financial
New York
| – | -$515K | -43,852 | Closed |
|
127
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$253K | -22,259 | Closed |
|
128
Northern Trust
Chicago,
Illinois
| – | -$256K | -21,817 | Closed |
|
|
SSA
129
Schonfeld Strategic Advisors
New York
| – | -$238K | -20,300 | Closed |
|
|
CC
130
Centiva Capital
New York
| – | -$198K | -16,828 | Closed |
|
|
VFA
131
Valeo Financial Advisors
Carmel,
Indiana
| – | -$144K | -12,300 | Closed |
|
132
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$137K | -11,675 | Closed |
|
|
TSS
133
Two Sigma Securities
New York
| – | -$120K | -10,191 | Closed |
|
134
Simplex Trading
Chicago,
Illinois
| – | -$29.4K | -2,587 | -99% |
|
|
RFA
135
Register Financial Advisors
Atlanta,
Georgia
| – | -$29.4K | -2,500 | Closed |
|
|
QL
136
Quarry LP
New York
| – | -$18.2K | -1,550 | Closed |
|
TCPC Hedge Fund Activity: Q4 2023 in Review
123 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q4 2023, worth a combined $163M — up 8.4% from $150M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TCPC positions and 13 closed out — a net gain of 7 holders — while 47 added to existing stakes and 35 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $8.36M. The largest seller was Millennium Management, cutting an estimated $6.52M.
- 123 institutional investors held BlackRock TCP Capital (TCPC) as of Q4 2023, up from 116 in Q3 2023.
- Funds reported $163M of BlackRock TCP Capital stock for Q4 2023, up 8.4% quarter-over-quarter.
- 20 funds opened new BlackRock TCP Capital positions in Q4 2023 and 13 closed out, a net change of +7 holders.
- The largest BlackRock TCP Capital buyer in Q4 2023 was Invesco, an estimated $8.36M added.
- The largest BlackRock TCP Capital seller in Q4 2023 was Millennium Management, an estimated $6.52M sold.
Based on aggregated 13F filings for Q4 2023.