TriplePoint Venture Growth BDC
TPVG
49 hedge funds and large institutions have $93.5M invested in TriplePoint Venture Growth BDC in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 4 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
0% more funds holding
Funds holding: 49 → 49 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3.55% less ownership
Funds ownership: 57.53% → 53.98% (-3.5%)
5% less capital invested
Capital invested by funds: $98.5M → $93.5M (-$5.02M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$2.21M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$970K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$765K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$524K |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$6.44M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.58M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$1.58M |
| 4 |
Two Sigma Investments
New York
|
-$408K |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$391K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$205K | -19,506 | Closed |
|
|
TC
52
TFS Capital
West Chester,
Pennsylvania
| – | -$177K | -16,824 | Closed |
|
|
CG
53
Caprock Group
Boise,
Idaho
| – | -$165K | -15,712 | Closed |
|
TPVG Hedge Fund Activity: Q2 2016 in Review
49 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q2 2016, worth a combined $93.5M — down 5.1% from $98.5M a quarter earlier.
Fund positioning in TPVG was balanced in Q2 2016: 4 funds opened new positions, 4 closed out, 23 added to existing stakes and 12 trimmed.
The largest buyer was Ares Management, opening a new position worth an estimated $2.21M. The largest seller was Philadelphia Financial Management of San Francisco, cutting an estimated $6.44M.
- 49 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $93.5M of TriplePoint Venture Growth BDC stock for Q2 2016, down 5.1% quarter-over-quarter.
- 4 funds opened new TriplePoint Venture Growth BDC positions in Q2 2016 and 4 closed out, a net change of 0 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q2 2016 was Ares Management, an estimated $2.21M added.
- The largest TriplePoint Venture Growth BDC seller in Q2 2016 was Philadelphia Financial Management of San Francisco, an estimated $6.44M sold.
Based on aggregated 13F filings for Q2 2016.