Vault-13

HERCULES CAPITAL INC HTGC

COM · Common Stock · CUSIP 427096508 · ISIN US4270965084

266 institutional holders +17 vs Q2 2023
29,328,33529.3m shares reported held*
19.4% of all shares outstanding*
$481.6mreported value*
30 new 94 added 69 reduced 18 sold out net bought ≈ $15.3m (+934.0k shares)

* 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 ($444.2k this quarter). Holder counts are more reliable. Shares outstanding: 151.1m as of 2023-10-26, 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 ≈ $16.42. Options: 8 managers hold calls ($27.8m notional), 8 hold puts ($18.9m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 237Q4 22: 262Q1 23: 256Q2 23: 249Q3 23: 266266Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022237
Q4 2022262
Q1 2023256
Q2 2023249
Q3 2023266

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 134 bought or addedQ4 22: 81 cut or sold outQ4 22Q1 23: 141 bought or addedQ1 23: 105 cut or sold outQ1 23Q2 23: 114 bought or addedQ2 23: 102 cut or sold outQ2 23Q3 23: 124 bought or addedQ3 23: 87 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 202213481
Q1 2023141105
Q2 2023114102
Q3 202312487

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ4 22 calls: $12.6mQ4 22 puts: $27.2mQ4 22P/C 2.17Q1 23 calls: $15.6mQ1 23 puts: $34.7mQ1 23P/C 2.22Q2 23 calls: $25.4mQ2 23 puts: $20.4mQ2 23P/C 0.80Q3 23 calls: $27.8mQ3 23 puts: $18.9mQ3 23P/C 0.68
Numbers
QuarterCallsPutsP/C
Q4 2022$12.6m$27.2m2.17
Q1 2023$15.6m$34.7m2.22
Q2 2023$25.4m$20.4m0.80
Q3 2023$27.8m$18.9m0.68

Biggest buyers

MARSHALL WACE, LLP Added +1,019,676+1.0m
MCKINLEY CAPITAL MANAGEMENT LLC Added +131,924+131.9k
Graypoint LLC New +126,107+126.1k
ROYAL BANK OF CANADA Added +122,845+122.8k
VAN ECK ASSOCIATES CORP Added +116,684+116.7k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +104,249+104.2k
Legacy Capital Wealth Partners, LLC New +92,519+92.5k
ExodusPoint Capital Management, LP Added +56,486+56.5k
TWO SIGMA ADVISERS, LP Added +48,400+48.4k
PUTNAM INVESTMENTS LLC Added +47,734+47.7k

Biggest sellers

Connor, Clark & Lunn Investment Management Ltd. Sold out -374,324-374.3k
CITADEL ADVISORS LLC Reduced -196,084-196.1k
BlackRock Inc. Reduced -151,530-151.5k
Border to Coast Pensions Partnership Ltd Reduced -150,000-150.0k
Schonfeld Strategic Advisors LLC Reduced -108,900-108.9k
Balyasny Asset Management L.P. Reduced -95,697-95.7k
TWO SIGMA INVESTMENTS, LP Reduced -86,292-86.3k
CIBC Private Wealth Group LLC Reduced -81,525-81.5k
JANE STREET GROUP, LLC Reduced -79,818-79.8k
Cubist Systematic Strategies, LLC Reduced -53,760-53.8k

Biggest calls

Jefferies Financial Group Inc. Added $10.8m660.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.1m494.3k shares
CITADEL ADVISORS LLC Added $2.2m134.5k shares
GROUP ONE TRADING LLC Reduced $2.1m130.7k shares
JANE STREET GROUP, LLC Reduced $1.8m111.3k shares
SIMPLEX TRADING, LLC Reduced $1.8m110.4k shares
WOLVERINE TRADING, LLC Added $830.9k50.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.8m413.5k shares
GROUP ONE TRADING LLC Reduced $5.0m302.4k shares
MILLENNIUM MANAGEMENT LLC Added $3.8m231.9k shares
CITADEL ADVISORS LLC Added $1.6m94.9k shares
SIMPLEX TRADING, LLC Reduced $858.0k52.3k shares
WOLVERINE TRADING, LLC Reduced $535.3k32.6k shares
JANE STREET GROUP, LLC Reduced $410.5k25.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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 in Q3 2023

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)

BuyingSelling
202Q4 21: 0 buyingQ4 21: 1 sellingQ1 22: 1 buyingQ1 22: 0 sellingQ1 22Q2 22: 2 buyingQ2 22: 1 sellingQ3 22: 1 buyingQ3 22: 0 sellingQ3 22Q4 22: 0 buyingQ4 22: 1 sellingQ1 23: 1 buyingQ1 23: 0 sellingQ1 23Q2 23: 2 buyingQ2 23: 1 sellingQ3 23: 0 buyingQ3 23: 0 sellingQ3 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20210—1$1.4m—
Q1 20221$1.3k0——
Q2 20222$154.8k1$6.0k—
Q3 20221$1.3k0——
Q4 20220—1$1.4m—
Q1 20231$47.8k0——
Q2 20232$104.6k1$6.2k—
Q3 20230—0——

None reported in Q3 2023.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Sound Income Strategies, LLC 3.50% of their portfolio FT LAUDERDALE, FL 2,521,1092.5m $41.4m $41.4m 3.50% Added +41.2k +41,240
2 VAN ECK ASSOCIATES CORP 0.07% of their portfolio NEW YORK, NY 2,033,4292.0m $33.4m $33.4m 0.07% Added +116.7k +116,684
3 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 1,215,8201.2m $20.0m $20.0m 0.04% Added +1.0m +1,019,676
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,085,6981.1m $17.8m $17.8m 0.00% Added +4.6k +4,635
5 Legal & General Group Plc 0.01% of their portfolio London, X0 1,032,3411.0m $17.0m $17.0m 0.01% Added +17.4k +17,433
6 Advisors Capital Management, LLC 0.42% of their portfolio RIDGEWOOD, NJ 1,006,3091.0m $16.5m $16.5m 0.42% Added +23.2k +23,157
7 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 890,165890.2k $14.6m $14.6m 0.01% Reduced -3.7k -3,676
8 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 751,500751.5k $12.3m $12.3m 0.03% Added +48.4k +48,400
9 BlackRock Inc. 0.00% of their portfolio New York, NY 638,504638.5k $10.5m $10.5m 0.00% Reduced -151.5k -151,530
10 Gilman Hill Asset Management, LLC 2.02% of their portfolio NEW CANAAN, CT 626,378626.4k $10.3m $10.3m 2.02% Reduced -11.3k -11,312
11 S&T Bank/PA 1.91% of their portfolio Indiana, PA 604,192604.2k $9.9m $9.9m 1.91% Reduced -13.1k -13,112
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 590,027590.0k $9.7m $9.7m 0.00% Reduced -9.1k -9,135
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 536,626536.6k $8.8m $8.8m 0.00% Added +43.4k +43,416
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 531,099531.1k $8.7m $8.7m 0.00% Added +122.8k +122,845
15 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 527,090527.1k $8.7m $8.7m 0.01% Added +42.4k +42,417
16 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 494,191494.2k $8.1m $8.1m 0.02% Reduced -86.3k -86,292
17 Advisors Asset Management, Inc. 0.15% of their portfolio Monument, CO 420,971421.0k $6.9m $6.9m 0.15% Added +14.4k +14,388
18 MILLER HOWARD INVESTMENTS INC /NY 0.24% of their portfolio KINGSTON, NY 400,000400.0k $6.6m $6.6m 0.24% Unchanged
19 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.10% of their portfolio ST. LOUIS, MO 387,190387.2k $6.4m $6.4m 0.10% Added +149 +149
20 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 382,728382.7k $6.3m $6.3m 0.01% Reduced -9.9k -9,851
21 Border to Coast Pensions Partnership Ltd 0.17% of their portfolio LEEDS, X0 374,837374.8k $6.2m $6.2m 0.17% Reduced -150.0k -150,000
22 Muzinich & Co., Inc. 5.35% of their portfolio NEW YORK, NY 371,378371.4k $6.1m $6.1m 5.35% Reduced -4.4k -4,371
23 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 358,841358.8k $5.9m $5.9m 0.00% Reduced -5.7k -5,719
24 MCKINLEY CAPITAL MANAGEMENT LLC 0.80% of their portfolio ANCHORAGE, AK 348,992349.0k $5.7m $5.7m 0.80% Added +131.9k +131,924
25 CENTAURUS FINANCIAL, INC. 0.47% of their portfolio ANAHEIM, CA 332,751332.8k $5.5m $5.5m 0.47% Reduced -10.1k -10,111
26 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 310,579310.6k $5.1m $5.1m 0.02% Reduced -7.3k -7,309
27 TECTONIC ADVISORS LLC 0.46% of their portfolio FRISCO, TX 297,984298.0k $4.9m $4.9m 0.46% Added +6.3k +6,256
28 Atria Wealth Solutions, Inc. 0.07% of their portfolio NEW YORK, NY 297,629297.6k $4.9m $4.9m 0.07% Reduced -7.9k -7,897
29 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 291,269291.3k $4.8m $4.8m 0.00% Added +550 +550
30 CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC 2.60% of their portfolio Phoenix, AZ 278,925278.9k $4.6m $4.6m 2.60% Reduced -24.1k -24,107
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 276,873276.9k $4.5m $4.5m 0.00% Reduced -13.4k -13,379
32 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 261,260261.3k $4.3m $4.3m 0.01% Added +448 +448
33 FAS Wealth Partners, Inc. 0.39% of their portfolio LEAWOOD, KS 222,146222.1k $3.6m $3.6m 0.39% Added +922 +922
34 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 211,404211.4k $3.5m $3.5m 0.00% Reduced -2.9k -2,913
35 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 208,664208.7k $3.4m $3.4m 0.00% Added +9.7k +9,657
36 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 203,521203.5k $3.3m $3.3m 0.04% Added +18.7k +18,727
37 INDEPENDENT FINANCIAL GROUP, LLC 0.21% of their portfolio SAN DIEGO, CA 199,690199.7k $3.3m $3.3m 0.21% Added +1.9k +1,850
38 Left Brain Wealth Management, LLC 1.78% of their portfolio NAPERVILLE, IL 173,801173.8k $2.9m $2.9m 1.78% Added +425 +425
39 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 171,028171.0k $2.8m $2.8m 0.00% Added +47.7k +47,734
40 Sigma Planning Corp 0.10% of their portfolio ANN ARBOR, MI 168,813168.8k $2.8m $2.8m 0.10% Reduced -2.8k -2,791
41 ELEVATION POINT WEALTH PARTNERS, LLC 0.29% of their portfolio DENVER, CO 160,943160.9k $2.6m $2.6m 0.29% Reduced -3.3k -3,263
42 Baker Avenue Asset Management, LP 0.13% of their portfolio SAN FRANCISCO, CA 155,686155.7k $2.6m $2.6m 0.13% Added +13.6k +13,599
43 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 145,108145.1k $2.4m $2.4m 0.00% Reduced -26.4k -26,449
44 Golden Green, Inc. 2.38% of their portfolio Seneca, SC 138,408138.4k $2.3m $2.3m 2.38% Added +1.2k +1,188
45 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 137,759137.8k $2.3m $2.3m 0.01% Reduced -686 -686
46 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 137,379137.4k $2.3m $2.3m 0.01% Unchanged
47 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 135,028135.0k $2.2m $2.2m 0.01% Added +10.7k +10,746
48 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 131,933131.9k $2.2m $2.2m 0.00% Added +5.4k +5,355
49 Hennion & Walsh Asset Management, Inc. 0.14% of their portfolio Parsippany, NJ 130,000130.0k $2.1m $2.1m 0.14% Added +15.1k +15,059
50 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 127,269127.3k $2.1m $2.1m 0.00% Added +24.4k +24,430
51 Graypoint LLC 0.19% of their portfolio Albany, NY 126,107126.1k $2.1m $2.1m 0.19% New
52 Polaris Capital Management, LLC 0.11% of their portfolio BOSTON, MA 121,860121.9k $2.0m $2.0m 0.11% Added +3.5k +3,462
53 LSV ASSET MANAGEMENT 0.00% of their portfolio CHICAGO, IL 120,895120.9k $2.0m $2.0m 0.00% Unchanged
54 Jump Financial, LLC 0.07% of their portfolio Chicago, IL 115,012115.0k $1.9m $1.9m 0.07% Reduced -22.3k -22,349
55 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 114,954115.0k $1.9m $1.9m 0.01% Added +104.2k +104,249
56 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 114,495114.5k $1.9m $1.9m 0.00% Reduced -81.5k -81,525
57 Taylor Frigon Capital Management LLC 1.03% of their portfolio SCOTTSDALE, AZ 112,930112.9k $1.9m $1.9m 1.03% Added +1.5k +1,452
58 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 107,094107.1k $1.8m $1.8m 0.01% Added +4.8k +4,805
59 DNB Asset Management AS 0.01% of their portfolio Oslo, Q8 105,285105.3k $1.7m $1.7m 0.01% Unchanged
60 Triad Investment Management 2.52% of their portfolio NEWPORT BEACH, CA 104,958105.0k $1.7m $1.7m 2.52% Unchanged
61 WINTRUST INVESTMENTS LLC 0.17% of their portfolio CHICAGO, IL 97,64397.6k $1.6m $1.6m 0.17% Added +7.2k +7,216
62 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 96,81996.8k $1.6m $1.6m 0.00% Reduced -2.9k -2,895
63 Legacy Capital Wealth Partners, LLC 0.42% of their portfolio LITTLE ROCK, AR 92,51992.5k $1.5m $1.5m 0.42% New
64 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 89,11589.1k $1.5m $1.5m 0.00% Added +15.0k +14,953
65 DELPHI MANAGEMENT INC /MA/ 1.46% of their portfolio BROOKLINE, MA 86,83186.8k $1.4m $1.4m 1.46% Reduced -2.0k -1,987
66 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.14% of their portfolio CEDAR RAPIDS, IA 84,08084.1k $1.4m $1.4m 0.14% Added +1.1k +1,076
67 Creegan & Nassoura Financial Group, LLC 1.06% of their portfolio Portsmouth, NH 82,62082.6k $1.4m $1.4m 1.06% Reduced -1.2k -1,200
68 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 80,85580.9k $1.3m $1.3m 0.00% Added +28.6k +28,608
69 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio ORLANDO, FL 80,72880.7k $1.3m $1.3m 0.18% Unchanged
70 DARK FOREST CAPITAL MANAGEMENT LP 0.11% of their portfolio NEW YORK, NY 76,68576.7k $1.3m $1.3m 0.11% Added +30.0k +30,029
71 ADVISORY RESEARCH INC 0.17% of their portfolio CHICAGO, IL 74,16474.2k $1.2m $1.2m 0.17% Reduced -211 -211
72 SVB WEALTH LLC 0.03% of their portfolio BOSTON, MA 74,14174.1k $1.2m $1.2m 0.03% Reduced -96 -96
73 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 71,26971.3k $1.2m $1.2m 0.01% Reduced -23.0k -23,010
74 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 69,56869.6k $1.1m $1.1m 0.00% Reduced -196.1k -196,084
75 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 68,69868.7k $1.1m $1.1m 0.02% Added +30.4k +30,420
76 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 68,53868.5k $1.1m $1.1m 0.01% Added +56.5k +56,486
77 Trexquant Investment LP 0.03% of their portfolio STAMFORD, CT 66,78466.8k $1.1m $1.1m 0.03% Reduced -15.2k -15,162
78 NAPLES GLOBAL ADVISORS, LLC 0.13% of their portfolio NAPLES, FL 62,82962.8k $1.0m $1.0m 0.13% Added +4.1k +4,100
79 FJ Capital Management LLC 0.11% of their portfolio MCLEAN, VA 60,80660.8k $998.4k $998.4k 0.11% Added +28.3k +28,337
80 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 59,48959.5k $976.8k $976.8k 0.01% Added +3.8k +3,843
81 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 58,76458.8k $964.9k $964.9k 0.01% Reduced -53.8k -53,760
82 ING GROEP NV 0.01% of their portfolio AMSTERDAM, P7 58,40858.4k $959.1k $959.1k 0.01% Unchanged
83 NATIXIS 0.01% of their portfolio PARIS, I0 57,75757.8k $948.4k $948.4k 0.01% Added +4.9k +4,900
84 Tidal Investments LLC 0.03% of their portfolio Milwaukee, WI 56,69456.7k $930.9k $930.9k 0.03% Added +3.4k +3,432
85 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 54,80154.8k $900.0k $900.0k 0.00% Added +1.3k +1,274
86 Sand Hill Global Advisors, LLC 0.05% of their portfolio Palo Alto, CA 54,34854.3k $892.4k $892.4k 0.05% Unchanged
87 Quantbot Technologies LP 0.06% of their portfolio NEW YORK, NY 52,00452.0k $853.9k $853.9k 0.06% Added +1.5k +1,493
88 Arkadios Wealth Advisors 0.08% of their portfolio ATLANTA, GA 51,74151.7k $849.6k $849.6k 0.08% Added +1.7k +1,725
89 Mirador Capital Partners LP 0.18% of their portfolio PLEASANTON, CA 48,29048.3k $792.9k $792.9k 0.18% Added +1.6k +1,634
90 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 46,80846.8k $768.6k $768.6k 0.00% Added +6.9k +6,901
91 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 45,62245.6k $749.1k $749.1k 0.02% Reduced -756 -756
92 IHT Wealth Management, LLC 0.04% of their portfolio Chicago, IL 44,77244.8k $735.2k $735.2k 0.04% Added +19.7k +19,690
93 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 44,47944.5k $730.3k $730.3k 0.00% Added +37.6k +37,606
94 MCDONALD PARTNERS LLC 0.23% of their portfolio CLEVELAND, OH 43,50043.5k $714.3k $714.3k 0.23% Unchanged
95 Abundance Wealth Counselors 0.20% of their portfolio STATE COLLEGE, PA 42,33542.3k $695.0k $695.0k 0.20% New
96 Bristlecone Advisors, LLC 0.08% of their portfolio BELLEVUE, WA 42,11842.1k $691.6k $691.6k 0.08% Unchanged
97 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 41,53041.5k $681.9k $681.9k 0.00% Reduced -2.9k -2,948
98 Essex Financial Services, Inc. 0.08% of their portfolio ESSEX, CT 41,43041.4k $680.3k $680.3k 0.08% Added +6.8k +6,800
99 North Star Investment Management Corp. 0.06% of their portfolio CHICAGO, IL 41,29441.3k $678.0k $678.0k 0.06% Reduced -4.0k -4,012
100 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 40,47340.5k $664.6k $664.6k 0.00% Reduced -2.0k -2,026