BlackRock TCP Capital
TCPC
124 hedge funds and large institutions have $168M invested in BlackRock TCP Capital in 2022 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 38 increasing their positions, 31 reducing their positions, and 13 closing their positions.
525% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $166K
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
23% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 31
9% more funds holding
Funds holding: 114 → 124 (+10)
0.42% more ownership
Funds ownership: 26.25% → 26.66% (+0.42%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less capital invested
Capital invested by funds: $190M → $168M (-$21.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$8.68M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.74M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$2.35M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$6.72M |
| 2 |
Morgan Stanley
New York
|
-$2.54M |
| 3 |
Two Sigma Investments
New York
|
-$1.18M |
| 4 |
BZWA
Blue Zone Wealth Advisors
Los Angeles,
California
|
-$1.09M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.08M |
TCPC Hedge Fund Activity: Q3 2022 in Review
124 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q3 2022, worth a combined $168M — down 11% from $190M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TCPC positions and 13 closed out — a net gain of 12 holders — while 38 added to existing stakes and 31 trimmed.
The largest buyer was Millennium Management, adding an estimated $8.68M. The largest seller was Advisors Capital Management, exiting entirely with an estimated $6.72M sold.
- 124 institutional investors held BlackRock TCP Capital (TCPC) as of Q3 2022, up from 114 in Q2 2022.
- Funds reported $168M of BlackRock TCP Capital stock for Q3 2022, down 11% quarter-over-quarter.
- 25 funds opened new BlackRock TCP Capital positions in Q3 2022 and 13 closed out, a net change of +12 holders.
- The largest BlackRock TCP Capital buyer in Q3 2022 was Millennium Management, an estimated $8.68M added.
- The largest BlackRock TCP Capital seller in Q3 2022 was Advisors Capital Management, an estimated $6.72M sold.
Based on aggregated 13F filings for Q3 2022.