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TriplePoint Venture Growth BDC

71 hedge funds and large institutions have $115M invested in TriplePoint Venture Growth BDC in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 18

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

4% more funds holding

Funds holding: 6871 (+3)

1.42% more ownership

Funds ownership: 31.07%32.49% (+1.4%)

10% less capital invested

Capital invested by funds: $127M → $115M (-$12.2M)

57% less call options, than puts

Call options by funds: $234K | Put options by funds: $549K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
71
Holders Change
+3
Holders Change %
+4.41%
% of All Funds
1.4%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
17
Increased
26
Reduced
18
Closed
12
Calls
$234K
Puts
$549K
Net Calls
-$315K
Net Calls Change
-$315K
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$25.5M
ClearBridge Investments
2
ClearBridge Investments
New York
$17.5M +$182K +11,911 +1%
CIM
3
Confluence Investment Management
Missouri
$10.1M +$2.49M +162,849 +30%
UBS Group
4
UBS Group
Switzerland
$6.41M -$851K -55,606 -11%
AllianceBernstein
5
AllianceBernstein
Tennessee
$4.39M +$421K +27,510 +10%
AAM
6
Advisors Asset Management
Colorado
$4.25M -$241K -15,728 -5%
VEA
7
Virtus ETF Advisers
New York
$4.14M +$1.1M +72,140 +33%
Wells Fargo
8
Wells Fargo
California
$3.92M -$279K -18,216 -6%
VanEck Associates
9
VanEck Associates
New York
$3.87M +$765K +49,947 +22%
Morgan Stanley
10
Morgan Stanley
New York
$3.37M -$395K -25,830 -10%
RA
11
Resource America
New York
$3.1M +$1.77M +115,618 +113%
PI
12
Putnam Investments
Massachusetts
$2.95M +$2.69M +175,535 +544%
GC
13
Guggenheim Capital
Illinois
$2.48M +$101K +6,586 +4%
BlackRock
14
BlackRock
New York
$1.99M +$95.1K +6,215 +5%
Legal & General Group
15
Legal & General Group
United Kingdom
$1.95M +$212K +13,852 +11%
JP Morgan Chase
16
JP Morgan Chase
New York
$1.5M +$850K +55,494 +111%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$1.38M +$171K +11,169 +13%
CC
18
Claybrook Capital
Massachusetts
$1.29M +$876K +57,241 +154%
Baird Financial Group
19
Baird Financial Group
Wisconsin
$1.15M -$13.6K -889 -1%
Acadian Asset Management
20
Acadian Asset Management
Massachusetts
$1.07M -$2.27M -148,381 -66%
EIM
21
Essex Investment Management
Massachusetts
$1.05M +$6.25K +408 +0.6%
SIG
22
Sargent Investment Group
Maryland
$959K -$113K -7,400 -10%
Cerity Partners
23
Cerity Partners
New York
$956K +$1.03M +67,218 New
Neuberger Berman Group
24
Neuberger Berman Group
New York
$846K +$206K +13,452 +29%
WAM
25
Wolverine Asset Management
Illinois
$838K +$903K +58,983 New

TPVG Hedge Fund Activity: Q4 2019 in Review

71 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q4 2019, worth a combined $115M — down 9.6% from $127M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new TPVG positions and 12 closed out — a net gain of 5 holders — while 26 added to existing stakes and 18 trimmed.

The largest buyer was Putnam Investments, adding an estimated $2.69M. The largest seller was Acadian Asset Management, cutting an estimated $2.27M.

  • 71 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q4 2019, up from 68 in Q3 2019.
  • Funds reported $115M of TriplePoint Venture Growth BDC stock for Q4 2019, down 9.6% quarter-over-quarter.
  • 17 funds opened new TriplePoint Venture Growth BDC positions in Q4 2019 and 12 closed out, a net change of +5 holders.
  • The largest TriplePoint Venture Growth BDC buyer in Q4 2019 was Putnam Investments, an estimated $2.69M added.
  • The largest TriplePoint Venture Growth BDC seller in Q4 2019 was Acadian Asset Management, an estimated $2.27M sold.

Based on aggregated 13F filings for Q4 2019.