BlackRock TCP Capital
TCPC
117 hedge funds and large institutions have $76.9M invested in BlackRock TCP Capital in 2026 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 26 increasing their positions, 30 reducing their positions, and 35 closing their positions.
0.62% more ownership
Funds ownership: 24.56% → 25.18% (+0.62%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 127 → 117 (-10)
13% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 30
23% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 35
33% less capital invested
Capital invested by funds: $114M → $76.9M (-$37.2M)
96% less call options, than puts
Call options by funds: $15K | Put options by funds: $335K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$3.89M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.96M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
+$2.53M |
| 4 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$1.75M |
| 5 |
NCM
Next Capital Management
New York
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$3.92M |
| 2 |
Two Sigma Investments
New York
|
-$2.03M |
| 3 |
BlackRock
New York
|
-$706K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$568K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$539K |
TCPC Hedge Fund Activity: Q1 2026 in Review
117 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in BlackRock TCP Capital (TCPC) for Q1 2026, worth a combined $76.9M — down 33% from $114M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of TCPC and 27 opened new positions — a net loss of 8 holders — while 30 trimmed existing stakes and 26 added.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $3.89M. The largest seller was VanEck Associates, cutting an estimated $3.92M.
- 117 institutional investors held BlackRock TCP Capital (TCPC) as of Q1 2026, down from 127 in Q4 2025.
- Funds reported $76.9M of BlackRock TCP Capital stock for Q1 2026, down 33% quarter-over-quarter.
- 27 funds opened new BlackRock TCP Capital positions in Q1 2026 and 35 closed out, a net change of -8 holders.
- The largest BlackRock TCP Capital buyer in Q1 2026 was Victory Capital Management, an estimated $3.89M added.
- The largest BlackRock TCP Capital seller in Q1 2026 was VanEck Associates, an estimated $3.92M sold.
Based on aggregated 13F filings for Q1 2026.