BlackRock TCP Capital
TCPC
94 hedge funds and large institutions have $313M invested in BlackRock TCP Capital in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
26% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 27
11% more funds holding
Funds holding: 85 → 94 (+9)
10% less capital invested
Capital invested by funds: $349M → $313M (-$35.7M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.96M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.51M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2.78M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$1.23M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$909K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$4.36M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$3.17M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.99M |
| 4 |
ClearBridge Investments
New York
|
-$1.76M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$728K |
TCPC Hedge Fund Activity: Q3 2015 in Review
94 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q3 2015, worth a combined $313M — down 10% from $349M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TCPC positions and 6 closed out — a net gain of 9 holders — while 34 added to existing stakes and 27 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.96M. The largest seller was Amundi Asset Management US, cutting an estimated $4.36M.
- 94 institutional investors held BlackRock TCP Capital (TCPC) as of Q3 2015, up from 85 in Q2 2015.
- Funds reported $313M of BlackRock TCP Capital stock for Q3 2015, down 10% quarter-over-quarter.
- 15 funds opened new BlackRock TCP Capital positions in Q3 2015 and 6 closed out, a net change of +9 holders.
- The largest BlackRock TCP Capital buyer in Q3 2015 was Wells Fargo, an estimated $3.96M added.
- The largest BlackRock TCP Capital seller in Q3 2015 was Amundi Asset Management US, an estimated $4.36M sold.
Based on aggregated 13F filings for Q3 2015.