TriplePoint Venture Growth BDC
TPVG
74 hedge funds and large institutions have $113M invested in TriplePoint Venture Growth BDC in 2021 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 20 reducing their positions, and 10 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 20
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
9% more capital invested
Capital invested by funds: $103M → $113M (+$9.52M)
4% more funds holding
Funds holding: 71 → 74 (+3)
1% more call options, than puts
Call options by funds: $2.1M | Put options by funds: $2.08M
0.6% less ownership
Funds ownership: 25.92% → 25.32% (-0.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$4.9M |
| 2 |
Two Sigma Advisers
New York
|
+$1.21M |
| 3 |
VanEck Associates
New York
|
+$1.15M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$1.11M |
| 5 |
Two Sigma Investments
New York
|
+$672K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$3.4M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$3.09M |
| 3 |
ClearBridge Investments
New York
|
-$1.84M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.56M |
| 5 |
Millennium Management
New York
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WFI
76
West Family Investments
Carlsbad,
California
| – | -$867 | -66,459 | Closed |
|
77
Jane Street
New York
| – | -$254K | -19,488 | Closed |
|
78
KeyBank National Association
Cleveland,
Ohio
| – | -$196K | -15,067 | Closed |
|
|
PFG
79
PAX Financial Group
San Antonio,
Texas
| – | -$149K | -11,436 | Closed |
|
|
JF
80
Jump Financial
Chicago,
Illinois
| – | -$132K | -10,099 | Closed |
|
|
BRWA
81
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$132K | -10,077 | Closed |
|
|
CG
82
Cutler Group
San Francisco,
California
| – | -$22K | -1,720 | Closed |
|
|
FPCG
83
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
| – | -$3K | -200 | Closed |
|
|
VFA
84
Valeo Financial Advisors
Carmel,
Indiana
| – | -$1K | -100 | Closed |
|
TPVG Hedge Fund Activity: Q1 2021 in Review
74 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q1 2021, worth a combined $113M — up 9.2% from $103M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TPVG positions and 10 closed out — a net gain of 3 holders — while 31 added to existing stakes and 20 trimmed.
The largest buyer was Sound Income Strategies, adding an estimated $4.9M. The largest seller was Ares Management, exiting entirely with an estimated $3.4M sold.
- 74 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q1 2021, up from 71 in Q4 2020.
- Funds reported $113M of TriplePoint Venture Growth BDC stock for Q1 2021, up 9.2% quarter-over-quarter.
- 13 funds opened new TriplePoint Venture Growth BDC positions in Q1 2021 and 10 closed out, a net change of +3 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q1 2021 was Sound Income Strategies, an estimated $4.9M added.
- The largest TriplePoint Venture Growth BDC seller in Q1 2021 was Ares Management, an estimated $3.4M sold.
Based on aggregated 13F filings for Q1 2021.