Vault-13

HERCULES CAPITAL INC HTGC

COM · Common Stock · CUSIP 427096508 · ISIN US4270965084

294 institutional holders +4 vs Q4 2023
36,550,64236.6m shares reported held*
22.5% of all shares outstanding*
$669.6mreported value*
38 new 122 added 73 reduced 32 sold out net bought ≈ $53.8m (+3.1m 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 ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 162.2m as of 2024-04-25, 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 ≈ $18.32. Options: 9 managers hold calls ($14.8m notional), 8 hold puts ($15.0m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 237Q4 22: 262Q1 23: 256Q2 23: 249Q3 23: 266Q4 23: 290Q1 24: 294294Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022237
Q4 2022262
Q1 2023256
Q2 2023249
Q3 2023266
Q4 2023290
Q1 2024294

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 23Q4 23: 152 bought or addedQ4 23: 84 cut or sold outQ4 23Q1 24: 160 bought or addedQ1 24: 105 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202213481
Q1 2023141105
Q2 2023114102
Q3 202312487
Q4 202315284
Q1 2024160105

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ2 23 calls: $25.4mQ2 23 puts: $20.4mQ2 23P/C 0.80Q3 23 calls: $27.8mQ3 23 puts: $18.9mQ3 23P/C 0.68Q4 23 calls: $23.4mQ4 23 puts: $16.1mQ4 23P/C 0.69Q1 24 calls: $14.8mQ1 24 puts: $15.0mQ1 24P/C 1.01
Numbers
QuarterCallsPutsP/C
Q2 2023$25.4m$20.4m0.80
Q3 2023$27.8m$18.9m0.68
Q4 2023$23.4m$16.1m0.69
Q1 2024$14.8m$15.0m1.01

Biggest buyers

MORGAN STANLEY Added +1,375,580+1.4m
Hudson Bay Capital Management LP New +1,056,266+1.1m
CITADEL ADVISORS LLC Added +274,071+274.1k
FRANKLIN RESOURCES INC New +271,569+271.6k
TWO SIGMA INVESTMENTS, LP Added +219,403+219.4k
Global Assets Advisory, LLC Added +210,112+210.1k
LPL Financial LLC Added +204,742+204.7k
Cubist Systematic Strategies, LLC Added +151,660+151.7k
VAN ECK ASSOCIATES CORP Added +111,101+111.1k
Truvestments Capital LLC Added +103,374+103.4k

Biggest sellers

MARSHALL WACE, LLP Reduced -314,758-314.8k
D. E. Shaw & Co., Inc. Sold out -240,996-241.0k
INDEPENDENT FINANCIAL GROUP, LLC Reduced -154,322-154.3k
FJ Capital Management LLC Sold out -140,352-140.4k
Qube Research & Technologies Ltd Sold out -131,390-131.4k
JPMORGAN CHASE & CO Reduced -131,328-131.3k
Jump Financial, LLC Reduced -105,995-106.0k
Legacy Capital Wealth Partners, LLC Sold out -99,722-99.7k
Schonfeld Strategic Advisors LLC Reduced -94,200-94.2k
BNP PARIBAS FINANCIAL MARKETS Reduced -90,622-90.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.1m438.6k shares
SIMPLEX TRADING, LLC Added $2.6m139.7k shares
GROUP ONE TRADING LLC Reduced $2.1m116.0k shares
JANE STREET GROUP, LLC Reduced $741.7k40.2k shares
CITADEL ADVISORS LLC Reduced $575.6k31.2k shares
PEAK6 Investments LLC New $420.7k22.8k shares
D. E. Shaw & Co., Inc. New $276.8k15.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Reduced $0100 shares

Biggest puts

GROUP ONE TRADING LLC Added $6.4m348.5k shares
CITADEL ADVISORS LLC Added $4.4m239.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.7m147.4k shares
SIMPLEX TRADING, LLC Reduced $671.0k36.4k shares
WOLVERINE TRADING, LLC Added $538.7k29.2k shares
JANE STREET GROUP, LLC Reduced $206.6k11.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Unchanged $0800 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 Q1 2024

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
202Q2 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 23Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
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——
Q4 20230—0——
Q1 20240—0——

None reported in Q1 2024.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,423,3363.4m $63.2m $63.2m 0.00% Added +1.4m +1,375,580
2 Sound Income Strategies, LLC 3.66% of their portfolio FT LAUDERDALE, FL 2,654,1192.7m $49.0m $49.0m 3.66% Added +73.7k +73,747
3 VAN ECK ASSOCIATES CORP 0.07% of their portfolio NEW YORK, NY 2,525,8482.5m $46.6m $46.6m 0.07% Added +111.1k +111,101
4 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 1,499,1641.5m $27.7m $27.7m 0.05% Reduced -314.8k -314,758
5 Legal & General Group Plc 0.01% of their portfolio London, X0 1,214,2821.2m $22.4m $22.4m 0.01% Added +43.8k +43,781
6 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,070,7421.1m $19.8m $19.8m 0.00% Reduced -131.3k -131,328
7 Hudson Bay Capital Management LP 0.17% of their portfolio STAMFORD, CT 1,056,2661.1m $19.5m $19.5m 0.17% New
8 Advisors Capital Management, LLC 0.31% of their portfolio RIDGEWOOD, NJ 928,042928.0k $17.1m $17.1m 0.31% Reduced -1.5k -1,457
9 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 786,129786.1k $14.5m $14.5m 0.01% Added +204.7k +204,742
10 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 785,400785.4k $14.5m $14.5m 0.03% Added +66.8k +66,800
11 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 779,948779.9k $14.4m $14.4m 0.01% Reduced -77.7k -77,729
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 779,780779.8k $14.4m $14.4m 0.00% Added +51.1k +51,070
13 Melia Wealth LLC 7.17% of their portfolio TULSA, OK 691,540691.5k $12.8m $12.8m 7.17% Added +36.3k +36,325
14 BlackRock Inc. 0.00% of their portfolio New York, NY 627,448627.4k $11.6m $11.6m 0.00% Reduced -14.6k -14,560
15 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 614,756614.8k $11.3m $11.3m 0.03% Added +219.4k +219,403
16 Gilman Hill Asset Management, LLC 1.99% of their portfolio NEW CANAAN, CT 600,184600.2k $11.1m $11.1m 1.99% Reduced -9.1k -9,139
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 583,996584.0k $10.8m $10.8m 0.00% Added +70.7k +70,658
18 S&T Bank/PA 1.87% of their portfolio Indiana, PA 528,548528.5k $9.8m $9.8m 1.87% Reduced -46.8k -46,848
19 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 505,530505.5k $9.3m $9.3m 0.01% Added +274.1k +274,071
20 Muzinich & Co., Inc. 5.47% of their portfolio NEW YORK, NY 378,292378.3k $6.3m $6.3m 5.47% Unchanged
21 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 376,698376.7k $7.0m $7.0m 0.01% Added +3.1k +3,057
22 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.09% of their portfolio ST. LOUIS, MO 376,673376.7k $6.9m $6.9m 0.09% Reduced -10.8k -10,751
23 Border to Coast Pensions Partnership Ltd 0.15% of their portfolio LEEDS, X0 374,837374.8k $6.9m $6.9m 0.15% Unchanged
24 Advisors Asset Management, Inc. 0.13% of their portfolio Monument, CO 374,007374.0k $6.9m $6.9m 0.13% Added +6.6k +6,643
25 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 371,183371.2k $6.8m $6.8m 0.00% Added +120 +120
26 TECTONIC ADVISORS LLC 0.49% of their portfolio FRISCO, TX 344,863344.9k $6.4m $6.4m 0.49% Added +20.1k +20,071
27 MCKINLEY CAPITAL MANAGEMENT LLC 0.76% of their portfolio ANCHORAGE, AK 341,867341.9k $6.3m $6.3m 0.76% Reduced -10.6k -10,586
28 CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC 2.66% of their portfolio Phoenix, AZ 303,818303.8k $5.6m $5.6m 2.66% Added +24.7k +24,715
29 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 301,373301.4k $5.6m $5.6m 0.02% Added +18.8k +18,777
30 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 297,806297.8k $5.5m $5.5m 0.00% Added +1.2k +1,170
31 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 297,346297.3k $5.5m $5.5m 0.01% Added +34.8k +34,808
32 Atria Wealth Solutions, Inc. 0.06% of their portfolio NEW YORK, NY 277,989278.0k $5.1m $5.1m 0.06% Reduced -6.2k -6,184
33 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 271,569271.6k $5.0m $5.0m 0.00% New
34 MILLER HOWARD INVESTMENTS INC /NY 0.16% of their portfolio KINGSTON, NY 270,000270.0k $5.0m $5.0m 0.16% Unchanged
35 UBS Group AG 0.00% of their portfolio ZURICH, V8 253,425253.4k $4.7m $4.7m 0.00% Added +82.0k +82,026
36 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 248,115248.1k $4.6m $4.6m 0.04% Added +26.1k +26,121
37 CENTAURUS FINANCIAL, INC. 0.31% of their portfolio ANAHEIM, CA 240,818240.8k $4.4m $4.4m 0.31% Reduced -3.8k -3,770
38 Global Assets Advisory, LLC 0.47% of their portfolio ORLANDO, FL 221,051221.1k $12.1k $12.1k 0.47% Added +210.1k +210,112
39 FAS Wealth Partners, Inc. 0.34% of their portfolio LEAWOOD, KS 209,986210.0k $3.9m $3.9m 0.34% Reduced -8.7k -8,710
40 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 200,328200.3k $3.8m $3.8m 0.00% Added +3.0k +2,996
41 Left Brain Wealth Management, LLC 1.62% of their portfolio NAPERVILLE, IL 181,401181.4k $3.3m $3.3m 1.62% Added +16.6k +16,580
42 Cubist Systematic Strategies, LLC 0.04% of their portfolio STAMFORD, CT 171,182171.2k $3.2m $3.2m 0.04% Added +151.7k +151,660
43 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 161,921161.9k $3.0m $3.0m 0.01% Added +12.9k +12,894
44 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 159,052159.1k $2.9m $2.9m 0.00% Reduced -86.4k -86,392
45 Baker Avenue Asset Management, LP 0.12% of their portfolio SAN FRANCISCO, CA 158,824158.8k $2.9m $2.9m 0.12% Reduced -9.0k -9,030
46 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 148,907148.9k $2.7m $2.7m 0.03% Added +16.3k +16,303
47 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 148,704148.7k $2.7m $2.7m 0.00% Added +92.2k +92,184
48 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 147,138147.1k $2.7m $2.7m 0.01% Added +74.5k +74,490
49 Waterloo Capital, L.P. 0.34% of their portfolio AUSTIN, TX 144,347144.3k $2.7m $2.7m 0.34% Added +36.2k +36,166
50 ARES MANAGEMENT LLC 0.06% of their portfolio LOS ANGELES, CA 143,038143.0k $2.6m $2.6m 0.06% Added +25.0k +25,000
51 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 141,879141.9k $2.6m $2.6m 0.01% Added +1.5k +1,500
52 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 140,163140.2k $2.6m $2.6m 0.00% Reduced -71.2k -71,241
53 ELEVATION POINT WEALTH PARTNERS, LLC 0.20% of their portfolio DENVER, CO 140,090140.1k $2.6m $2.6m 0.20% Added +1.1k +1,107
54 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 139,690139.7k $2.6m $2.6m 0.00% Reduced -8.8k -8,768
55 Hennion & Walsh Asset Management, Inc. 0.14% of their portfolio Parsippany, NJ 137,302137.3k $2.5m $2.5m 0.14% Reduced -33.8k -33,817
56 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 135,435135.4k $2.5m $2.5m 0.01% Added +746 +746
57 Graypoint LLC 0.18% of their portfolio Albany, NY 133,374133.4k $2.5m $2.5m 0.18% Added +3.4k +3,416
58 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 126,789126.8k $2.3m $2.3m 0.01% Added +79.9k +79,947
59 Polaris Capital Management, LLC 0.12% of their portfolio BOSTON, MA 125,545125.5k $2.3m $2.3m 0.12% Unchanged
60 Truvestments Capital LLC 0.87% of their portfolio SARASOTA, FL 123,188123.2k $2.3m $2.3m 0.87% Added +103.4k +103,374
61 DNB Asset Management AS 0.01% of their portfolio Oslo, Q8 115,630115.6k $2.1m $2.1m 0.01% Added +10.3k +10,345
62 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 115,495115.5k $2.1m $2.1m 0.00% Added +1.0k +1,000
63 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 112,339112.3k $2.1m $2.1m 0.00% Reduced -10.3k -10,312
64 Taylor Frigon Capital Management LLC 0.98% of their portfolio SCOTTSDALE, AZ 111,026111.0k $2.0m $2.0m 0.98% Added +238 +238
65 WINTRUST INVESTMENTS LLC 0.18% of their portfolio CHICAGO, IL 110,262110.3k $2.0m $2.0m 0.18% Added +1.7k +1,676
66 PFG Investments, LLC 0.12% of their portfolio WOODBURY, NY 109,511109.5k $2.0m $2.0m 0.12% Added +94.7k +94,736
67 Triad Investment Management 2.44% of their portfolio NEWPORT BEACH, CA 109,202109.2k $2.0m $2.0m 2.44% Added +3.0k +2,970
68 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 104,693104.7k $1.9m $1.9m 0.01% Reduced -6.1k -6,102
69 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 104,204104.2k $1.9m $1.9m 0.00% Added +83.2k +83,178
70 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 100,619100.6k $1.9m $1.9m 0.01% Added +7.4k +7,355
71 DELPHI MANAGEMENT INC /MA/ 1.39% of their portfolio BROOKLINE, MA 97,45097.5k $1.8m $1.8m 1.39% Added +5.5k +5,479
72 Naviter Wealth, LLC 0.28% of their portfolio LITTLE ROCK, AR 92,18492.2k $1.7m $1.7m 0.28% New
73 NAPA WEALTH MANAGEMENT 0.88% of their portfolio Napa, CA 90,32090.3k $1.7m $1.7m 0.88% Added +2.4k +2,444
74 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 90,26090.3k $1.7m $1.7m 0.00% Reduced -17.8k -17,830
75 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.14% of their portfolio CEDAR RAPIDS, IA 89,15389.2k $1.6m $1.6m 0.14% Added +3.5k +3,543
76 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 87,64687.6k $1.6m $1.6m 0.00% Added +16.6k +16,617
77 Significant Wealth Partners LLC 1.05% of their portfolio CARY, IL 86,71786.7k $1.6m $1.6m 1.05% Added +57.1k +57,059
78 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 82,99483.0k $1.5m $1.5m 0.00% Reduced -7.6k -7,590
79 Creegan & Nassoura Financial Group, LLC 1.02% of their portfolio Portsmouth, NH 82,62082.6k $1.5m $1.5m 1.02% Unchanged
80 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 80,73480.7k $1.5m $1.5m 0.01% Reduced -28.3k -28,264
81 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio ORLANDO, FL 80,37880.4k $1.5m $1.5m 0.15% Reduced -350 -350
82 NATIXIS 0.01% of their portfolio PARIS, I0 76,35176.4k $1.4m $1.4m 0.01% Added +12.9k +12,878
83 SVB WEALTH LLC 0.03% of their portfolio BOSTON, MA 74,14174.1k $1.4m $1.4m 0.03% Added +7.6k +7,569
84 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 72,19872.2k $1.3m $1.3m 0.01% Added +1.8k +1,776
85 Trexquant Investment LP 0.03% of their portfolio STAMFORD, CT 68,29868.3k $1.3m $1.3m 0.03% Added +39.9k +39,937
86 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 65,86065.9k $1.2m $1.2m 0.00% Added +8.7k +8,747
87 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 63,03763.0k $1.2m $1.2m 0.02% Added +3.8k +3,768
88 NAPLES GLOBAL ADVISORS, LLC 0.12% of their portfolio NAPLES, FL 63,02963.0k $1.2m $1.2m 0.12% Reduced -100 -100
89 Jump Financial, LLC 0.03% of their portfolio Chicago, IL 59,40559.4k $1.1m $1.1m 0.03% Reduced -106.0k -105,995
90 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 55,60055.6k $1.0m $1.0m 0.01% Reduced -94.2k -94,200
91 Arkadios Wealth Advisors 0.08% of their portfolio ATLANTA, GA 54,90254.9k $1.0m $1.0m 0.08% Added +161 +161
92 Sand Hill Global Advisors, LLC 0.05% of their portfolio Palo Alto, CA 54,34854.3k $1.0m $1.0m 0.05% Unchanged
93 IHT Wealth Management, LLC 0.04% of their portfolio Chicago, IL 52,33052.3k $965.5k $965.5k 0.04% Added +6.4k +6,446
94 Abundance Wealth Counselors 0.22% of their portfolio STATE COLLEGE, PA 50,97851.0k $941.0k $941.0k 0.22% Added +3.8k +3,750
95 INDEPENDENT FINANCIAL GROUP, LLC 0.04% of their portfolio SAN DIEGO, CA 49,45449.5k $912.4k $912.4k 0.04% Reduced -154.3k -154,322
96 MCDONALD PARTNERS LLC 0.24% of their portfolio CLEVELAND, OH 48,00048.0k $885.6k $885.6k 0.24% Unchanged
97 North Star Investment Management Corp. 0.06% of their portfolio CHICAGO, IL 47,62747.6k $878.7k $878.7k 0.06% Added +7.2k +7,239
98 ALPS ADVISORS INC 0.01% of their portfolio Denver, CO 46,75046.8k $862.5k $862.5k 0.01% Added +7.7k +7,650
99 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 45,46545.5k $838.8k $838.8k 0.00% Added +5.1k +5,134
100 Essex Financial Services, Inc. 0.08% of their portfolio ESSEX, CT 44,67744.7k $824.3k $824.3k 0.08% Added +205 +205