TriplePoint Venture Growth BDC
TPVG
55 hedge funds and large institutions have $106M invested in TriplePoint Venture Growth BDC in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 25 reducing their positions, and 14 closing their positions.
14% more capital invested
Capital invested by funds: $93.4M → $106M (+$12.8M)
3.47% less ownership
Funds ownership: 34.67% → 31.2% (-3.5%)
10% less funds holding
Funds holding: 61 → 55 (-6)
36% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 25
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
96% less call options, than puts
Call options by funds: $9K | Put options by funds: $231K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$2.5M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$990K |
| 3 |
D.E. Shaw & Co
New York
|
+$736K |
| 4 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$633K |
| 5 |
JP Morgan Chase
New York
|
+$484K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$5.73M |
| 2 |
Millennium Management
New York
|
-$2.53M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.82M |
| 4 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$1.34M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.17M |
TPVG Hedge Fund Activity: Q1 2019 in Review
55 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q1 2019, worth a combined $106M — up 14% from $93.4M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TPVG and 8 opened new positions — a net loss of 6 holders — while 25 trimmed existing stakes and 16 added.
The largest buyer was VanEck Associates, opening a new position worth an estimated $2.5M. The largest seller was Ares Management, cutting an estimated $5.73M.
- 55 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q1 2019, down from 61 in Q4 2018.
- Funds reported $106M of TriplePoint Venture Growth BDC stock for Q1 2019, up 14% quarter-over-quarter.
- 8 funds opened new TriplePoint Venture Growth BDC positions in Q1 2019 and 14 closed out, a net change of -6 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q1 2019 was VanEck Associates, an estimated $2.5M added.
- The largest TriplePoint Venture Growth BDC seller in Q1 2019 was Ares Management, an estimated $5.73M sold.
Based on aggregated 13F filings for Q1 2019.