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TriplePoint Venture Growth BDC

40 hedge funds and large institutions have $110M invested in TriplePoint Venture Growth BDC in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

50% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 10

11% more funds holding

Funds holding: 3640 (+4)

0.76% more ownership

Funds ownership: 76.99%77.75% (+0.76%)

11% less capital invested

Capital invested by funds: $124M → $110M (-$13.8M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
40
Holders Change
+4
Holders Change %
+11.11%
% of All Funds
1.16%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
5
Increased
15
Reduced
10
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PFMOSF
1
Philadelphia Financial Management of San Francisco
California
$14.3M
ClearBridge Investments
2
ClearBridge Investments
New York
$13.1M +$290K +18,864 +2%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$9.24M +$732K +47,557 +8%
PI
4
Putnam Investments
Massachusetts
$7.16M +$160K +10,399 +2%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$6.47M +$128K +8,300 +2%
AAMU
6
Amundi Asset Management US
Massachusetts
$5.31M -$649K -42,138 -10%
Ameriprise
7
Ameriprise
Minnesota
$4.79M +$273K +17,761 +6%
Wells Fargo
8
Wells Fargo
California
$4.22M +$610K +39,604 +16%
CIM
9
Confluence Investment Management
Missouri
$4.12M +$116K +7,539 +3%
Alyeska Investment Group
10
Alyeska Investment Group
Illinois
$3.91M -$195K -12,653 -5%
SC
11
Scholtz & Company
Connecticut
$3.85M +$413K +26,800 +11%
NIMC
12
NWQ Investment Management Company
California
$3.56M -$68.2K -4,430 -2%
Goldman Sachs
13
Goldman Sachs
New York
$3.21M -$74.8K -4,861 -2%
EIM
14
Essex Investment Management
Massachusetts
$3.08M -$197K -12,825 -6%
U
15
UBS
Switzerland
$2.65M +$92.6K +6,018 +3%
BHMP
16
Bardin Hill Management Partners
New York
$2.56M
Millennium Management
17
Millennium Management
New York
$2.45M -$1.19M -77,528 -32%
AllianceBernstein
18
AllianceBernstein
Tennessee
$1.94M +$632K +41,058 +45%
AR
19
Advisory Research
Illinois
$1.85M
SMDAM
20
Sumitomo Mitsui DS Asset Management
Japan
$1.85M
NFA
21
Nationwide Fund Advisors
Ohio
$1.62M +$36.8K +2,390 +2%
PRCM
22
Pine River Capital Management
Minnesota
$1.61M
MVP
23
Miller Value Partners
Florida
$1.31M
Citigroup
24
Citigroup
New York
$1.13M -$17.9K -1,166 -1%
AAP
25
Ardsley Advisory Partners
Connecticut
$804K

TPVG Hedge Fund Activity: Q3 2014 in Review

40 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q3 2014, worth a combined $110M — down 11% from $124M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new TPVG positions and 1 closed out — a net gain of 4 holders — while 15 added to existing stakes and 10 trimmed.

The largest buyer was Neuberger Berman Group, adding an estimated $732K. The largest seller was Millennium Management, cutting an estimated $1.19M.

  • 40 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q3 2014, up from 36 in Q2 2014.
  • Funds reported $110M of TriplePoint Venture Growth BDC stock for Q3 2014, down 11% quarter-over-quarter.
  • 5 funds opened new TriplePoint Venture Growth BDC positions in Q3 2014 and 1 closed out, a net change of +4 holders.
  • The largest TriplePoint Venture Growth BDC buyer in Q3 2014 was Neuberger Berman Group, an estimated $732K added.
  • The largest TriplePoint Venture Growth BDC seller in Q3 2014 was Millennium Management, an estimated $1.19M sold.

Based on aggregated 13F filings for Q3 2014.