TriplePoint Venture Growth BDC
TPVG
70 hedge funds and large institutions have $50.5M invested in TriplePoint Venture Growth BDC in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 21 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
5% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 21
1% less funds holding
Funds holding: 71 → 70 (-1)
3.79% less ownership
Funds ownership: 32.49% → 28.71% (-3.8%)
56% less capital invested
Capital invested by funds: $115M → $50.5M (-$64.5M)
72% less call options, than puts
Call options by funds: $91K | Put options by funds: $323K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$5.48M |
| 2 |
RA
Resource America
New York
|
+$2.33M |
| 3 |
Two Sigma Investments
New York
|
+$1.38M |
| 4 |
Millennium Management
New York
|
+$1.32M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.13M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.37M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$1.03M |
| 4 |
Cerity Partners
New York
|
-$956K |
| 5 |
Neuberger Berman Group
New York
|
-$846K |
TPVG Hedge Fund Activity: Q1 2020 in Review
70 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in TriplePoint Venture Growth BDC (TPVG) for Q1 2020, worth a combined $50.5M — down 56% from $115M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TPVG positions and 21 closed out — a net gain of 1 holder — while 27 added to existing stakes and 18 trimmed.
The largest buyer was Ares Management, opening a new position worth an estimated $5.48M. The largest seller was UBS Group, cutting an estimated $4.13M.
- 70 institutional investors held TriplePoint Venture Growth BDC (TPVG) as of Q1 2020, down from 71 in Q4 2019.
- Funds reported $50.5M of TriplePoint Venture Growth BDC stock for Q1 2020, down 56% quarter-over-quarter.
- 22 funds opened new TriplePoint Venture Growth BDC positions in Q1 2020 and 21 closed out, a net change of +1 holder.
- The largest TriplePoint Venture Growth BDC buyer in Q1 2020 was Ares Management, an estimated $5.48M added.
- The largest TriplePoint Venture Growth BDC seller in Q1 2020 was UBS Group, an estimated $4.13M sold.
Based on aggregated 13F filings for Q1 2020.