TriplePoint Venture Growth BDC
TPVG
62 hedge funds and large institutions have $87.4M invested in TriplePoint Venture Growth BDC in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 16 closing their positions.
95% more call options, than puts
Call options by funds: $967K | Put options by funds: $497K
73% more capital invested
Capital invested by funds: $50.5M → $87.4M (+$36.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.05% less ownership
Funds ownership: 28.71% → 27.66% (-1%)
11% less funds holding
Funds holding: 70 → 62 (-8)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$948K |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$865K |
| 3 |
D.E. Shaw & Co
New York
|
+$570K |
| 4 |
ClearBridge Investments
New York
|
+$530K |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
-$1.61M |
| 2 |
JP Morgan Chase
New York
|
-$938K |
| 3 |
Morgan Stanley
New York
|
-$869K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$561K |
| 5 |
Millennium Management
New York
|
-$516K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
76
Hudock Inc
Williamsport,
Pennsylvania
| – | -$4.33K | -500 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | -$251 | -29 | -97% |
|
TPVG Hedge Fund Activity: Q2 2020 in Review
62 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q2 2020, worth a combined $87.4M — up 73% from $50.5M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TPVG and 8 opened new positions — a net loss of 8 holders — while 24 trimmed existing stakes and 21 added.
The largest buyer was Baird Financial Group, adding an estimated $948K. The largest seller was Virtus ETF Advisers, cutting an estimated $1.61M.
- 62 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q2 2020, down from 70 in Q1 2020.
- Funds reported $87.4M of TriplePoint Venture Growth BDC stock for Q2 2020, up 73% quarter-over-quarter.
- 8 funds opened new TriplePoint Venture Growth BDC positions in Q2 2020 and 16 closed out, a net change of -8 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q2 2020 was Baird Financial Group, an estimated $948K added.
- The largest TriplePoint Venture Growth BDC seller in Q2 2020 was Virtus ETF Advisers, an estimated $1.61M sold.
Based on aggregated 13F filings for Q2 2020.