TriplePoint Venture Growth BDC
TPVG
52 hedge funds and large institutions have $85.5M invested in TriplePoint Venture Growth BDC in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
6% more funds holding
Funds holding: 49 → 52 (+3)
4.29% less ownership
Funds ownership: 53.98% → 49.69% (-4.3%)
9% less capital invested
Capital invested by funds: $93.5M → $85.5M (-$7.97M)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $331K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$3.71M |
| 2 |
PAM
PVG Asset Management
Golden,
Colorado
|
+$1.5M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.12M |
| 4 |
Two Sigma Investments
New York
|
+$1.05M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$8.89M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$2.22M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.81M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.71M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMP
51
Financial Management Professionals
Austin,
Texas
| $1K | – | – | – |
|
|
AG
52
Advisor Group
Phoenix,
Arizona
| $1K | +$649 | +58 | New |
|
|
PFMOSF
53
Philadelphia Financial Management of San Francisco
San Francisco,
California
| – | -$8.89M | -839,564 | Closed |
|
|
AAMU
54
Amundi Asset Management US
Boston,
Massachusetts
| – | -$2.22M | -209,367 | Closed |
|
|
WRM
55
Westport Resources Management
Westport,
Connecticut
| – | -$57K | -5,380 | Closed |
|
56
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$32K | -3,027 | Closed |
|
TPVG Hedge Fund Activity: Q3 2016 in Review
52 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q3 2016, worth a combined $85.5M — down 8.5% from $93.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TPVG positions and 4 closed out — a net gain of 3 holders — while 18 added to existing stakes and 20 trimmed.
The largest buyer was Ares Management, adding an estimated $3.71M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $8.89M sold.
- 52 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q3 2016, up from 49 in Q2 2016.
- Funds reported $85.5M of TriplePoint Venture Growth BDC stock for Q3 2016, down 8.5% quarter-over-quarter.
- 7 funds opened new TriplePoint Venture Growth BDC positions in Q3 2016 and 4 closed out, a net change of +3 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q3 2016 was Ares Management, an estimated $3.71M added.
- The largest TriplePoint Venture Growth BDC seller in Q3 2016 was Philadelphia Financial Management of San Francisco, an estimated $8.89M sold.
Based on aggregated 13F filings for Q3 2016.