TriplePoint Venture Growth BDC
TPVG
51 hedge funds and large institutions have $81.6M invested in TriplePoint Venture Growth BDC in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
2% more funds holding
Funds holding: 50 → 51 (+1)
2.62% less ownership
Funds ownership: 40.94% → 38.32% (-2.6%)
10% less capital invested
Capital invested by funds: $91.2M → $81.6M (-$9.55M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.6M |
| 2 |
DM
Delphi Management
Brookline,
Massachusetts
|
+$765K |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$593K |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$559K |
| 5 |
SCM
Shelton Capital Management
Denver,
Colorado
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.72M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.64M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.55M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.15M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$645K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| $1K | -$341 | -25 | -33% |
|
|
AL
52
AJO LP
Philadelphia,
Pennsylvania
| – | -$2.55M | -183,096 | Closed |
|
53
Alyeska Investment Group
Chicago,
Illinois
| – | -$589K | -42,258 | Closed |
|
54
LPL Financial
San Diego,
California
| – | -$384K | -27,894 | Closed |
|
55
Goldman Sachs
New York
| – | -$278K | -19,978 | Closed |
|
|
TI
56
Trexquant Investment
Stamford,
Connecticut
| – | -$159K | -11,429 | Closed |
|
57
Citigroup
New York
| – | -$104K | -7,435 | Closed |
|
58
Russell Investments Group
London,
United Kingdom
| – | -$53K | -3,797 | Closed |
|
59
Walleye Trading
New York
| – | -$17 | -1,200 | Closed |
|
TPVG Hedge Fund Activity: Q2 2017 in Review
51 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q2 2017, worth a combined $81.6M — down 10% from $91.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TPVG positions and 8 closed out — a net gain of 1 holder — while 18 added to existing stakes and 16 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $2.6M. The largest seller was UBS Group, cutting an estimated $2.72M.
- 51 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q2 2017, up from 50 in Q1 2017.
- Funds reported $81.6M of TriplePoint Venture Growth BDC stock for Q2 2017, down 10% quarter-over-quarter.
- 9 funds opened new TriplePoint Venture Growth BDC positions in Q2 2017 and 8 closed out, a net change of +1 holder.
- The largest TriplePoint Venture Growth BDC buyer in Q2 2017 was Bank of Montreal, an estimated $2.6M added.
- The largest TriplePoint Venture Growth BDC seller in Q2 2017 was UBS Group, an estimated $2.72M sold.
Based on aggregated 13F filings for Q2 2017.