TriplePoint Venture Growth BDC
TPVG
55 hedge funds and large institutions have $110M invested in TriplePoint Venture Growth BDC in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
30% more capital invested
Capital invested by funds: $84.7M → $110M (+$25.6M)
15% more funds holding
Funds holding: 48 → 55 (+7)
4.73% less ownership
Funds ownership: 38.31% → 33.58% (-4.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.78M |
| 2 |
Goldman Sachs
New York
|
+$2.64M |
| 3 |
Two Sigma Investments
New York
|
+$2.16M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.89M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$1.85M |
| 2 |
WFI
West Family Investments
Carlsbad,
California
|
-$581K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$480K |
| 4 |
VCM
Versant Capital Management
Phoenix,
Arizona
|
-$407K |
| 5 |
NFA
Nuveen Fund Advisors
Chicago,
Illinois
|
-$312K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $3K | – | – | – |
|
|
DOA
52
D'Orazio & Associates
Falls Church,
Virginia
| $3K | +$66 | +5 | +3% |
|
|
HI
53
Hudock Inc
Williamsport,
Pennsylvania
| $2K | -$3.95K | -300 | -60% |
|
54
Bank of America
Charlotte,
North Carolina
| $1K | +$1.24K | +94 | New |
|
|
CF
55
Centaurus Financial
Anaheim,
California
| $103 | -$13.1K | -992 | -99% |
|
|
WFI
56
West Family Investments
Carlsbad,
California
| – | -$581K | -46,770 | Closed |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| – | -$69K | -5,536 | Closed |
|
58
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$26K | -2,088 | Closed |
|
|
FMP
59
Financial Management Professionals
Austin,
Texas
| – | -$2K | -175 | Closed |
|
TPVG Hedge Fund Activity: Q3 2018 in Review
55 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q3 2018, worth a combined $110M — up 30% from $84.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TPVG positions and 4 closed out — a net gain of 7 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Millennium Management, adding an estimated $5.78M. The largest seller was ClearBridge Investments, cutting an estimated $1.85M.
- 55 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q3 2018, up from 48 in Q2 2018.
- Funds reported $110M of TriplePoint Venture Growth BDC stock for Q3 2018, up 30% quarter-over-quarter.
- 11 funds opened new TriplePoint Venture Growth BDC positions in Q3 2018 and 4 closed out, a net change of +7 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q3 2018 was Millennium Management, an estimated $5.78M added.
- The largest TriplePoint Venture Growth BDC seller in Q3 2018 was ClearBridge Investments, an estimated $1.85M sold.
Based on aggregated 13F filings for Q3 2018.