TriplePoint Venture Growth BDC
TPVG
71 hedge funds and large institutions have $115M invested in TriplePoint Venture Growth BDC in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 12 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
4% more funds holding
Funds holding: 68 → 71 (+3)
1.42% more ownership
Funds ownership: 31.07% → 32.49% (+1.4%)
10% less capital invested
Capital invested by funds: $127M → $115M (-$12.2M)
57% less call options, than puts
Call options by funds: $234K | Put options by funds: $549K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.69M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$2.49M |
| 3 |
RA
Resource America
New York
|
+$1.77M |
| 4 |
VEA
Virtus ETF Advisers
New York
|
+$1.1M |
| 5 |
Cerity Partners
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.27M |
| 2 |
BCM
Beck Capital Management
Austin,
Texas
|
-$1.35M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$851K |
| 4 |
Two Sigma Investments
New York
|
-$733K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$639K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
76
Virtu Financial
New York
| – | -$198K | -12,046 | Closed |
|
77
Two Sigma Advisers
New York
| – | -$166K | -10,100 | Closed |
|
78
Victory Capital Management
San Antonio,
Texas
| – | -$74K | -4,469 | Closed |
|
|
QCIG
79
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$5K | -300 | Closed |
|
80
Barclays
London,
United Kingdom
| – | -$536 | -35 | -97% |
|
81
Fidelity Investments
Boston,
Massachusetts
| – | +$15 | +1 | New |
|
|
PCIA
82
Prime Capital Investment Advisors
Overland Park,
Kansas
| – | +$153 | +10 | +67% |
|
|
MPWT
83
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | +$367 | +24 | New |
|
TPVG Hedge Fund Activity: Q4 2019 in Review
71 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q4 2019, worth a combined $115M — down 9.6% from $127M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TPVG positions and 12 closed out — a net gain of 5 holders — while 26 added to existing stakes and 18 trimmed.
The largest buyer was Putnam Investments, adding an estimated $2.69M. The largest seller was Acadian Asset Management, cutting an estimated $2.27M.
- 71 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q4 2019, up from 68 in Q3 2019.
- Funds reported $115M of TriplePoint Venture Growth BDC stock for Q4 2019, down 9.6% quarter-over-quarter.
- 17 funds opened new TriplePoint Venture Growth BDC positions in Q4 2019 and 12 closed out, a net change of +5 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q4 2019 was Putnam Investments, an estimated $2.69M added.
- The largest TriplePoint Venture Growth BDC seller in Q4 2019 was Acadian Asset Management, an estimated $2.27M sold.
Based on aggregated 13F filings for Q4 2019.