BlackRock TCP Capital
TCPC
104 hedge funds and large institutions have $496M invested in BlackRock TCP Capital in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
55.34% more ownership
Funds ownership: 0% → 55.34% (+55%)
8% more funds holding
Funds holding: 96 → 104 (+8)
8% more capital invested
Capital invested by funds: $460M → $496M (+$35.5M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$9.95M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$6.24M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.41M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$5.57M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$3.3M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.68M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.44M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.36M |
TCPC Hedge Fund Activity: Q4 2016 in Review
104 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q4 2016, worth a combined $496M — up 7.7% from $460M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TCPC positions and 8 closed out — a net gain of 9 holders — while 36 added to existing stakes and 37 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $9.95M. The largest seller was ClearBridge Investments, cutting an estimated $5.57M.
- 104 institutional investors held BlackRock TCP Capital (TCPC) as of Q4 2016, up from 96 in Q3 2016.
- Funds reported $496M of BlackRock TCP Capital stock for Q4 2016, up 7.7% quarter-over-quarter.
- 17 funds opened new BlackRock TCP Capital positions in Q4 2016 and 8 closed out, a net change of +9 holders.
- The largest BlackRock TCP Capital buyer in Q4 2016 was Muzinich & Co, an estimated $9.95M added.
- The largest BlackRock TCP Capital seller in Q4 2016 was ClearBridge Investments, an estimated $5.57M sold.
Based on aggregated 13F filings for Q4 2016.