TriplePoint Venture Growth BDC
TPVG
47 hedge funds and large institutions have $128M invested in TriplePoint Venture Growth BDC in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 11 reducing their positions, and 5 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
12% more capital invested
Capital invested by funds: $114M → $128M (+$14M)
9% more funds holding
Funds holding: 43 → 47 (+4)
25.2% less ownership
Funds ownership: 83.82% → 58.62% (-25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$4.77M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.47M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.12M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.09M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$1.48M |
| 2 |
BHMP
Bardin Hill Management Partners
New York
|
-$1.46M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.34M |
| 4 |
Neuberger Berman Group
New York
|
-$1.32M |
| 5 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$706K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCA
51
Catalyst Capital Advisors
Huntington,
New York
| – | -$187K | -13,309 | Closed |
|
52
Acadian Asset Management
Boston,
Massachusetts
| – | -$122K | -8,628 | Closed |
|
TPVG Hedge Fund Activity: Q2 2015 in Review
47 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q2 2015, worth a combined $128M — up 12% from $114M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TPVG positions and 5 closed out — a net gain of 4 holders — while 24 added to existing stakes and 11 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $4.77M. The largest seller was Amundi Asset Management US, cutting an estimated $1.48M.
- 47 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q2 2015, up from 43 in Q1 2015.
- Funds reported $128M of TriplePoint Venture Growth BDC stock for Q2 2015, up 12% quarter-over-quarter.
- 9 funds opened new TriplePoint Venture Growth BDC positions in Q2 2015 and 5 closed out, a net change of +4 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q2 2015 was ClearBridge Investments, an estimated $4.77M added.
- The largest TriplePoint Venture Growth BDC seller in Q2 2015 was Amundi Asset Management US, an estimated $1.48M sold.
Based on aggregated 13F filings for Q2 2015.