TriplePoint Venture Growth BDC
TPVG
40 hedge funds and large institutions have $110M invested in TriplePoint Venture Growth BDC in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
11% more funds holding
Funds holding: 36 → 40 (+4)
0.76% more ownership
Funds ownership: 76.99% → 77.75% (+0.76%)
11% less capital invested
Capital invested by funds: $124M → $110M (-$13.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$732K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$632K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$610K |
| 4 |
SC
Scholtz & Company
Stamford,
Connecticut
|
+$413K |
| 5 |
ClearBridge Investments
New York
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.19M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$649K |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$197K |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$195K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$160K |
TPVG Hedge Fund Activity: Q3 2014 in Review
40 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q3 2014, worth a combined $110M — down 11% from $124M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TPVG positions and 1 closed out — a net gain of 4 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $732K. The largest seller was Millennium Management, cutting an estimated $1.19M.
- 40 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q3 2014, up from 36 in Q2 2014.
- Funds reported $110M of TriplePoint Venture Growth BDC stock for Q3 2014, down 11% quarter-over-quarter.
- 5 funds opened new TriplePoint Venture Growth BDC positions in Q3 2014 and 1 closed out, a net change of +4 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q3 2014 was Neuberger Berman Group, an estimated $732K added.
- The largest TriplePoint Venture Growth BDC seller in Q3 2014 was Millennium Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q3 2014.