We are live on ! Find out more
TCPC icon

BlackRock TCP Capital
TCPC

92 hedge funds and large institutions have $364M invested in BlackRock TCP Capital in 2014 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 33 increasing their positions, 19 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 19

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

42% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 19

29% more capital invested

Capital invested by funds: $282M → $364M (+$82.6M)

7% more funds holding

Funds holding: 86 → 92 (+6)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $374K

Holders
92
Holders Change
+6
Holders Change %
+6.98%
% of All Funds
2.45%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
27
Increased
33
Reduced
19
Closed
19
Calls
–
Puts
$374K
Net Calls
-$374K
Net Calls Change
+$2.35M

Top Buyers

1
ClearBridge Investments
ClearBridge Investments
New York
+$24.9M
2
Wells Fargo
Wells Fargo
California
+$13.9M
3
VNIM
Vaughan Nelson Investment Management
Texas
+$7.73M
4
AAM
Advisors Asset Management
Colorado
+$4.51M
5
AllianceBernstein
AllianceBernstein
Tennessee
+$3.49M

Top Sellers

1
K
Kemper
Illinois
-$9.11M
2
Goldman Sachs
Goldman Sachs
New York
-$1.43M
3
Axa
Axa
France
-$1.4M
4
Norges Bank
Norges Bank
Norway
-$785K
5
Millennium Management
Millennium Management
New York
-$741K
Name Holding Trade Value Shares
Change 		Change in
Stake
Wells Fargo
1
Wells Fargo
California
$59.2M +$13.9M +844,551 +31%
VNIM
2
Vaughan Nelson Investment Management
Texas
$41.2M +$7.73M +471,000 +24%
ClearBridge Investments
3
ClearBridge Investments
New York
$41M +$24.9M +1,519,740 +165%
B
4
Barings
North Carolina
$26.9M – – –
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$16.7M +$356K +21,700 +2%
UBS Group
6
UBS Group
Switzerland
$15.3M +$14.9M +910,896 New
Axa
7
Axa
France
$14.2M -$1.4M -85,078 -9%
AAMU
8
Amundi Asset Management US
Massachusetts
$13.1M +$1.69M +103,203 +15%
WCM
9
Wedge Capital Management
North Carolina
$12.2M -$164K -9,975 -1%
CIM
10
Confluence Investment Management
Missouri
$10.7M +$345K +21,054 +3%
YMRC
11
Yorktown Management & Research Company
Virginia
$10.6M – – –
AllianceBernstein
12
AllianceBernstein
Tennessee
$9.14M +$3.49M +212,606 +64%
PI
13
Putnam Investments
Massachusetts
$7.98M – – –
AAM
14
Advisors Asset Management
Colorado
$7.75M +$4.51M +274,681 +147%
MC
15
Muzinich & Co
New York
$6.09M +$5.95M +362,899 New
Invesco
16
Invesco
Georgia
$5.55M +$1.38M +84,339 +34%
GC
17
Guggenheim Capital
Illinois
$4.57M +$2.23M +136,191 +100%
NIMC
18
NWQ Investment Management Company
California
$4.27M +$1.35M +82,556 +48%
Natixis Advisors
19
Natixis Advisors
Massachusetts
$4.13M +$1.14M +69,310 +39%
Neuberger Berman Group
20
Neuberger Berman Group
New York
$3.03M +$1.13M +68,695 +61%
Stifel Financial
21
Stifel Financial
Missouri
$3.02M -$520K -31,701 -15%
BG
22
BlackRock Group
United Kingdom
$3.02M -$431K -26,281 -13%
VanEck Associates
23
VanEck Associates
New York
$2.93M +$1.22M +74,656 +75%
GT
24
Glenmede Trust
Pennsylvania
$2.28M +$111K +6,738 +5%
CCM
25
Covington Capital Management
California
$2.09M +$53.3K +3,250 +3%
1
2 3 4 5

TCPC Hedge Fund Activity: Q4 2014 in Review

92 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q4 2014, worth a combined $364M — up 29% from $282M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new TCPC positions and 19 closed out — a net gain of 8 holders — while 33 added to existing stakes and 19 trimmed.

The largest buyer was ClearBridge Investments, adding an estimated $24.9M. The largest seller was Kemper, exiting entirely with an estimated $9.11M sold.

  • 92 institutional investors held BlackRock TCP Capital (TCPC) as of Q4 2014, up from 86 in Q3 2014.
  • Funds reported $364M of BlackRock TCP Capital stock for Q4 2014, up 29% quarter-over-quarter.
  • 27 funds opened new BlackRock TCP Capital positions in Q4 2014 and 19 closed out, a net change of +8 holders.
  • The largest BlackRock TCP Capital buyer in Q4 2014 was ClearBridge Investments, an estimated $24.9M added.
  • The largest BlackRock TCP Capital seller in Q4 2014 was Kemper, an estimated $9.11M sold.

Based on aggregated 13F filings for Q4 2014.