TriplePoint Venture Growth BDC
TPVG
68 hedge funds and large institutions have $127M invested in TriplePoint Venture Growth BDC in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
13% more funds holding
Funds holding: 60 → 68 (+8)
13% more capital invested
Capital invested by funds: $113M → $127M (+$14.7M)
0.8% less ownership
Funds ownership: 31.87% → 31.07% (-0.8%)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.57M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.36M |
| 3 |
BCM
Beck Capital Management
Austin,
Texas
|
+$1.29M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.28M |
| 5 |
ClearBridge Investments
New York
|
+$641K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.81M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$2.55M |
| 3 |
Two Sigma Advisers
New York
|
-$1.93M |
| 4 |
P
&Partners
Nashville,
Tennessee
|
-$1.09M |
| 5 |
AM
Ares Management
Los Angeles,
California
|
-$909K |
TPVG Hedge Fund Activity: Q3 2019 in Review
68 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q3 2019, worth a combined $127M — up 13% from $113M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TPVG positions and 7 closed out — a net gain of 8 holders — while 19 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.57M. The largest seller was Putnam Investments, cutting an estimated $2.81M.
- 68 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q3 2019, up from 60 in Q2 2019.
- Funds reported $127M of TriplePoint Venture Growth BDC stock for Q3 2019, up 13% quarter-over-quarter.
- 15 funds opened new TriplePoint Venture Growth BDC positions in Q3 2019 and 7 closed out, a net change of +8 holders.
- The largest TriplePoint Venture Growth BDC buyer in Q3 2019 was Morgan Stanley, an estimated $1.57M added.
- The largest TriplePoint Venture Growth BDC seller in Q3 2019 was Putnam Investments, an estimated $2.81M sold.
Based on aggregated 13F filings for Q3 2019.