TriplePoint Venture Growth BDC
TPVG
46 hedge funds and large institutions have $83.1M invested in TriplePoint Venture Growth BDC in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 18 reducing their positions, and 7 closing their positions.
15% more capital invested
Capital invested by funds: $72.4M → $83.1M (+$10.7M)
7.12% more ownership
Funds ownership: 32.22% → 39.34% (+7.1%)
4% less funds holding
Funds holding: 48 → 46 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
50% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$19.7M |
| 2 |
Morgan Stanley
New York
|
+$530K |
| 3 |
SCM
Shelton Capital Management
Denver,
Colorado
|
+$457K |
| 4 |
JP Morgan Chase
New York
|
+$232K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$94.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.48M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$801K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$353K |
| 4 |
Two Sigma Investments
New York
|
-$282K |
| 5 |
Millennium Management
New York
|
-$261K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of America
Charlotte,
North Carolina
| – | -$11K | -840 | Closed |
|
|
DCM
52
Delpha Capital Management
New York
| – | -$5K | -427 | Closed |
|
|
PCIA
53
Prime Capital Investment Advisors
Overland Park,
Kansas
| – | -$4K | -330 | Closed |
|
TPVG Hedge Fund Activity: Q1 2018 in Review
46 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q1 2018, worth a combined $83.1M — up 15% from $72.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TPVG and 5 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 9 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $19.7M. The largest seller was Wells Fargo, cutting an estimated $1.48M.
- 46 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q1 2018, down from 48 in Q4 2017.
- Funds reported $83.1M of TriplePoint Venture Growth BDC stock for Q1 2018, up 15% quarter-over-quarter.
- 5 funds opened new TriplePoint Venture Growth BDC positions in Q1 2018 and 7 closed out, a net change of -2 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q1 2018 was Goldman Sachs, an estimated $19.7M added.
- The largest TriplePoint Venture Growth BDC seller in Q1 2018 was Wells Fargo, an estimated $1.48M sold.
Based on aggregated 13F filings for Q1 2018.