BlackRock TCP Capital
TCPC
116 hedge funds and large institutions have $150M invested in BlackRock TCP Capital in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 47 increasing their positions, 25 reducing their positions, and 13 closing their positions.
352% more call options, than puts
Call options by funds: $989K | Put options by funds: $219K
88% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 25
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
5% more funds holding
Funds holding: 110 → 116 (+6)
3% more capital invested
Capital invested by funds: $146M → $150M (+$4.22M)
1% less ownership
Funds ownership: 23.11% → 22.11% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$1.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.69M |
| 3 |
Two Sigma Advisers
New York
|
+$1.59M |
| 4 |
IP
Ignite Planners
San Clemente,
California
|
+$993K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$848K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Barings
Charlotte,
North Carolina
|
-$14M |
| 2 |
PFMU
Privium Fund Management (UK)
London,
United Kingdom
|
-$1.25M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.24M |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$1.04M |
| 5 |
Millennium Management
New York
|
-$862K |
TCPC Hedge Fund Activity: Q3 2023 in Review
116 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q3 2023, worth a combined $150M — up 2.9% from $146M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TCPC positions and 13 closed out — a net gain of 6 holders — while 47 added to existing stakes and 25 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $1.8M. The largest seller was Barings, cutting an estimated $14M.
- 116 institutional investors held BlackRock TCP Capital (TCPC) as of Q3 2023, up from 110 in Q2 2023.
- Funds reported $150M of BlackRock TCP Capital stock for Q3 2023, up 2.9% quarter-over-quarter.
- 19 funds opened new BlackRock TCP Capital positions in Q3 2023 and 13 closed out, a net change of +6 holders.
- The largest BlackRock TCP Capital buyer in Q3 2023 was Two Sigma Investments, an estimated $1.8M added.
- The largest BlackRock TCP Capital seller in Q3 2023 was Barings, an estimated $14M sold.
Based on aggregated 13F filings for Q3 2023.