BLACKROCK TCP CAPITAL CORP TCPC
COM · Common Stock · CUSIP 09259E108
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 83.9m as of 2026-08-06, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.36. Options: 1 managers hold calls ($40.0k notional), 4 hold puts ($253.0k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 125 |
| Q4 2022 | 126 |
| Q1 2023 | 117 |
| Q2 2023 | 112 |
| Q3 2023 | 118 |
| Q4 2023 | 124 |
| Q1 2024 | 146 |
| Q2 2024 | 142 |
| Q3 2024 | 147 |
| Q4 2024 | 151 |
| Q1 2025 | 144 |
| Q2 2025 | 133 |
| Q3 2025 | 140 |
| Q4 2025 | 128 |
| Q1 2026 | 119 |
| Q2 2026 | 115 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 64 | 69 |
| Q4 2024 | 57 | 66 |
| Q1 2025 | 68 | 65 |
| Q2 2025 | 53 | 69 |
| Q3 2025 | 60 | 52 |
| Q4 2025 | 50 | 80 |
| Q1 2026 | 52 | 63 |
| Q2 2026 | 62 | 51 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $417.8k | $277.7k | 0.66 |
| Q4 2025 | $114.3k | $91.9k | 0.80 |
| Q1 2026 | $15.2k | $335.4k | 22.12 |
| Q2 2026 | $40.0k | $253.0k | 6.33 |
Biggest buyers
| VAN ECK ASSOCIATES CORP | Added | +829.8k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +511.9k |
| ARES MANAGEMENT LLC | Added | +509.8k |
| UBS Group AG | Added | +408.7k |
| Callodine Capital Management, LP | Added | +324.5k |
| BANK OF AMERICA CORP /DE/ | Added | +278.0k |
| Alpine Global Management, LLC | New | +263.7k |
| ROYAL BANK OF CANADA | Added | +156.4k |
| Next Capital Management LLC | Added | +80.7k |
| Cetera Investment Advisers | Added | +57.5k |
Biggest sellers
| North Ground Capital | Sold out | -850.0k |
| TRANSCEND CAPITAL ADVISORS, LLC | Reduced | -397.5k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -358.6k |
| FRANKLIN RESOURCES INC | Sold out | -357.9k |
| BI Asset Management Fondsmaeglerselskab A/S | Reduced | -330.9k |
| Engineers Gate Manager LP | Sold out | -85.4k |
| Curi Capital, LLC | Sold out | -85.0k |
| AQR CAPITAL MANAGEMENT LLC | Sold out | -66.6k |
| Squarepoint Ops LLC | Reduced | -55.6k |
| Jump Financial, LLC | Sold out | -53.1k |
Biggest calls
| SIMPLEX TRADING, LLC | Added | $40.0k11.9k shares |
Biggest puts
| Greenland Capital Management LP | New | $168.0k50.0k shares |
| CITADEL ADVISORS LLC | Reduced | $46.0k13.7k shares |
| JANE STREET GROUP, LLC | New | $36.3k10.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.7k800 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 2 | $178.3k | 0 | — | — |
| Q1 2025 | 4 | $227.0k | 0 | — | — |
| Q2 2025 | 1 | $24.9k | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 4 | $370.0k | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Next Capital Management LLC 2.84% of their portfolio | 3.1m $10.5m | Added +80.7k |
| UBS Group AG 0.00% of their portfolio | 2.6m $8.8m | Added +408.7k |
| Invesco Ltd. 0.00% of their portfolio | 2.4m $8.0m | Unchanged |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 2.1m $7.0m | Added +829.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 1.4m $4.5m | Added +511.9k |
| ARES MANAGEMENT LLC 0.15% of their portfolio | 1.1m $3.5m | Added +509.8k |
| TRANSCEND CAPITAL ADVISORS, LLC 0.20% of their portfolio | 899.1k $3.0m | Reduced -397.5k |
| MORGAN STANLEY 0.00% of their portfolio | 807.4k $2.7m | Added +47.6k |
| Callodine Capital Management, LP 0.16% of their portfolio | 702.2k $2.4m | Added +324.5k |
| Legal & General Group Plc 0.00% of their portfolio | 669.1k $2.2m | Added +3.4k |
| BARINGS LLC 0.04% of their portfolio | 591.8k $2.0m | Added +26.8k |
| BlackRock, Inc. 0.00% of their portfolio | 458.4k $1.5m | Added +5.0k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 410.1k $1.4m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 398.8k $1.3m | Added +278.0k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 332.4k $1.1m | Reduced -358.6k |
| GatePass Capital, LLC 0.36% of their portfolio | 283.1k $951.1k | Added +5.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 279.5k $939.1k | Unchanged |
| Muzinich & Co., Inc. 0.32% of their portfolio | 279.5k $939.1k | Unchanged |
| Alpine Global Management, LLC 0.15% of their portfolio | 263.7k $886.1k | New |
| Virtus Investment Advisers, LLC 0.20% of their portfolio | 258.8k $869.7k | Added +11.5k |
| LOOMIS SAYLES & CO L P 0.00% of their portfolio | 245.0k $823.2k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 163.2k $548.0k | Added +156.4k |
| BI Asset Management Fondsmaeglerselskab A/S 0.00% of their portfolio | 122.0k $410.0k | Reduced -330.9k |
| ROMANO BROTHERS AND COMPANY 0.03% of their portfolio | 100.6k $338.2k | Added +20.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 100.0k $334.0k | Added +7.5k |
| LPL Financial LLC 0.00% of their portfolio | 89.9k $301.9k | Reduced -24.1k |
| United Advisor Group, LLC 0.03% of their portfolio | 89.7k $301.5k | Added +211 |
| Ethos Financial Group, LLC 0.02% of their portfolio | 89.6k $301.2k | Reduced -877 |
| Squarepoint Ops LLC 0.00% of their portfolio | 89.0k $299.0k | Reduced -55.6k |
| Almitas Capital LLC 0.07% of their portfolio | 85.0k $285.6k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 84.9k $285.3k | Added +57.5k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 74.4k $250.0k | Reduced -2.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 69.3k $232.9k | Added +3.5k |
| Closed-End Fund Advisors, Inc. 0.19% of their portfolio | 58.5k $196.6k | Added +4.0k |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 52.7k $177.1k | Reduced -13.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 51.9k $174.4k | Unchanged |
| INDEPENDENT FINANCIAL GROUP, LLC 0.00% of their portfolio | 50.6k $170.1k | Added +3.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 50.2k $168.8k | Reduced -8.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 47.8k $160.7k | Reduced -13.8k |
| Van Hulzen Asset Management, LLC 0.01% of their portfolio | 47.5k $159.6k | New |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 43.2k $145.2k | Reduced -4.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 43.2k $145.2k | New |
| Arkadios Wealth Advisors 0.00% of their portfolio | 40.9k $137.3k | Reduced -13.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 40.7k $136.9k | New |
| Curated Wealth Partners LLC 0.02% of their portfolio | 38.6k $129.7k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 33.4k $112.3k | Reduced -6.4k |
| Compound Planning, Inc. 0.00% of their portfolio | 28.5k $95.8k | Added +255 |
| US BANCORP \DE\ 0.00% of their portfolio | 25.6k $86.1k | Added +191 |
| Mallini Complete Financial Planning LLC 0.06% of their portfolio | 25.4k $85.2k | Added +724 |
| Pathstone Holdings, LLC 0.00% of their portfolio | 25.2k $84.7k | New |
| SMH CAPITAL ADVISORS INC 0.33% of their portfolio | 24.7k $83.0k | New |
| Catalyst Capital Advisors LLC 0.00% of their portfolio | 24.7k $83.0k | New |
| M&T Bank Corp 0.00% of their portfolio | 24.1k $81.0k | Unchanged |
| Creative Planning 0.00% of their portfolio | 24.0k $80.6k | Added +9.3k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 23.2k $78.0k | Added +3.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 21.1k $70.9k | Added +576 |
| EIGHT 31 FINANCIAL, LLC 0.04% of their portfolio | 20.8k $70.0k | Added +1.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 18.9k $63.4k | Reduced -47.9k |
| Jain Global LLC 0.00% of their portfolio | 15.9k $53.4k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 14.7k $49.0k | New |
| Significant Wealth Partners LLC 0.05% of their portfolio | 14.4k $48.4k | Added +3.3k |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 14.3k $48.0k | Reduced -2.0k |
| Prospera Financial Services Inc 0.00% of their portfolio | 14.2k $47.7k | Reduced -279 |
| Ignite Planners, LLC 0.01% of their portfolio | 14.1k $47.5k | Reduced -857 |
| HighTower Advisors, LLC 0.00% of their portfolio | 14.1k $47.4k | Added +2.5k |
| IMC-Chicago, LLC 0.00% of their portfolio | 13.3k $44.7k | Reduced -7.8k |
| Cerity Partners LLC 0.00% of their portfolio | 13.0k $43.7k | Added +154 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 12.6k $42.3k | New |
| WealthTrust Axiom LLC 0.01% of their portfolio | 12.5k $42.0k | Unchanged |
| Integras Partners LLC 0.02% of their portfolio | 12.5k $42.0k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 12.4k $41.7k | New |
| Accel Wealth Management 0.01% of their portfolio | 12.0k $40.3k | Unchanged |
| Bogart Wealth, LLC 0.00% of their portfolio | 11.8k $39.7k | Unchanged |
| BRIGHTON JONES LLC 0.00% of their portfolio | 10.0k $33.6k | New |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 9.6k $32.2k | Reduced -641 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 8.8k $29.7k | Added +3.8k |
| VSM Wealth Advisory, LLC 0.01% of their portfolio | 7.3k $24.7k | Added +354 |
| Spire Wealth Management 0.00% of their portfolio | 5.2k $17.4k | Added +211 |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 4.1k $13.0k | Unchanged |
| COMPASS FINANCIAL MANAGEMENT LLC 0.00% of their portfolio | 3.9k $13.0k | First filing |
| Triumph Capital Management 0.00% of their portfolio | 2.5k $8.5k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.0k $6.7k | Reduced -2.2k |
| Wilmington Savings Fund Society, FSB 0.00% of their portfolio | 2.0k $6.7k | Reduced -12.0k |
| Burk Holdings LLC 0.00% of their portfolio | 1.8k $6.2k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.8k $5.9k | Reduced -170 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 1.7k $5.7k | Unchanged |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 1.6k $5.4k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 1.3k $4.5k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 1.2k $4.0k | New |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.1k $3.9k | Added +56 |
| Axiom Investment Management LLC 0.00% of their portfolio | 770 $2.6k | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 750 $2.5k | Unchanged |
| Institute for Wealth Management, LLC. 0.00% of their portfolio | 667 $2.2k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 623 $2.1k | Added +267 |
| ESL Trust Services, LLC 0.00% of their portfolio | 600 $2.0k | Unchanged |
| Cassaday & Co Wealth Management LLC 0.00% of their portfolio | 600 $2.0k | Unchanged |
| Quarry LP 0.00% of their portfolio | 538 $1.8k | New |
| Johnson Financial Group, Inc. 0.00% of their portfolio | 417 $1.4k | New |
| HORIZON FINANCIAL SERVICES, LLC 0.00% of their portfolio | 417 $1.4k | New |
| Community Financial Services Group, LLC 0.00% of their portfolio | 292 $1.0k | Unchanged |