TriplePoint Venture Growth BDC
TPVG
52 hedge funds and large institutions have $90.1M invested in TriplePoint Venture Growth BDC in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 24 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
5% more capital invested
Capital invested by funds: $85.5M → $90.1M (+$4.62M)
0% more funds holding
Funds holding: 52 → 52 (0)
1.73% less ownership
Funds ownership: 49.69% → 47.96% (-1.7%)
19% less call options, than puts
Call options by funds: $200K | Put options by funds: $246K
46% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.7M |
| 2 |
SCM
Shelton Capital Management
Denver,
Colorado
|
+$1.3M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$478K |
| 4 |
NFA
Nuveen Fund Advisors
Chicago,
Illinois
|
+$377K |
| 5 |
WFI
West Family Investments
Carlsbad,
California
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.46M |
| 2 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
-$1.48M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.09M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
-$895K |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$840K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
51
Advisor Group
Phoenix,
Arizona
| $1K | – | – | – |
|
|
52
Ameriprise
Minneapolis,
Minnesota
| – | -$2.46M | -232,602 | Closed |
|
53
JP Morgan Chase
New York
| – | -$389K | -36,733 | Closed |
|
|
YMRC
54
Yorktown Management & Research Company
Forest,
Virginia
| – | -$371K | -35,000 | Closed |
|
|
GCP
55
GSA Capital Partners
London,
United Kingdom
| – | -$116K | -10,900 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$57K | -5,370 | Closed |
|
57
Barclays
London,
United Kingdom
| – | -$7.98K | -684 | -94% |
|
|
IWMPD
58
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$5K | -500 | Closed |
|
TPVG Hedge Fund Activity: Q4 2016 in Review
52 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q4 2016, worth a combined $90.1M — up 5.4% from $85.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TPVG positions and 6 closed out — a net gain of 1 holder — while 13 added to existing stakes and 24 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.7M. The largest seller was Ameriprise, exiting entirely with an estimated $2.46M sold.
- 52 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $90.1M of TriplePoint Venture Growth BDC stock for Q4 2016, up 5.4% quarter-over-quarter.
- 7 funds opened new TriplePoint Venture Growth BDC positions in Q4 2016 and 6 closed out, a net change of +1 holder.
- The largest TriplePoint Venture Growth BDC buyer in Q4 2016 was Wells Fargo, an estimated $1.7M added.
- The largest TriplePoint Venture Growth BDC seller in Q4 2016 was Ameriprise, an estimated $2.46M sold.
Based on aggregated 13F filings for Q4 2016.