BlackRock TCP Capital
TCPC
108 hedge funds and large institutions have $202M invested in BlackRock TCP Capital in 2020 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 28 increasing their positions, 38 reducing their positions, and 15 closing their positions.
1,641% more call options, than puts
Call options by funds: $766K | Put options by funds: $44K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
14% more capital invested
Capital invested by funds: $178M → $202M (+$24.3M)
10% more funds holding
Funds holding: 98 → 108 (+10)
0.25% less ownership
Funds ownership: 31.32% → 31.07% (-0.25%)
26% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
C
Cliffwater
Marina Del Rey,
California
|
+$2.98M |
| 2 |
Neuberger Berman Group
New York
|
+$2.02M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.61M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.25M |
| 5 |
VanEck Associates
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.83M |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$2.56M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$2.2M |
| 4 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$2M |
| 5 |
MC
Muzinich & Co
New York
|
-$982K |
TCPC Hedge Fund Activity: Q4 2020 in Review
108 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q4 2020, worth a combined $202M — up 14% from $178M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TCPC positions and 15 closed out — a net gain of 10 holders — while 28 added to existing stakes and 38 trimmed.
The largest buyer was Cliffwater, adding an estimated $2.98M. The largest seller was Acadian Asset Management, cutting an estimated $4.83M.
- 108 institutional investors held BlackRock TCP Capital (TCPC) as of Q4 2020, up from 98 in Q3 2020.
- Funds reported $202M of BlackRock TCP Capital stock for Q4 2020, up 14% quarter-over-quarter.
- 25 funds opened new BlackRock TCP Capital positions in Q4 2020 and 15 closed out, a net change of +10 holders.
- The largest BlackRock TCP Capital buyer in Q4 2020 was Cliffwater, an estimated $2.98M added.
- The largest BlackRock TCP Capital seller in Q4 2020 was Acadian Asset Management, an estimated $4.83M sold.
Based on aggregated 13F filings for Q4 2020.