HTGC
Hercules Capital, Inc. · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth +30.0% ·
share flow -6.7% ·
net new positions +20.0%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 73 | +1 | 27.87M | $439.59M | +5 | −5 |
| Q1 2026 | 74 | -7 | 27.02M | $398.64M | +3 | −10 |
| Q4 2025 | 80 | 0 | 24.73M | $465.31M | — | — |
| Q3 2025 | 12 | +2 | 8.56M | $161.93M | +2 | — |
| Q2 2025 | 7 | -1 | 6.51M | $118.97M | — | −1 |
| Q1 2025 | 7 | +2 | 3.30M | $63.39M | +2 | — |
| Q4 2024 | 5 | +2 | 3.54M | $71.05M | +2 | — |
| Q3 2024 | 3 | -1 | 872.81K | $17.14M | — | −1 |
| Q2 2024 | 4 | — | 1.62M | $33.18M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Two Sigma Investments ✦ | 1.27M | +33.8% | $24.30M | 0.1% | ▲ Add | 4 | SEC ↗ |
| 2 | Citadel Advisors ✦ | 1.26M | +52.5% | $24.27M | 0.0% | ▲ Add | 4 | SEC ↗ ×2 |
| 3 | Millennium Management ✦ | 388.44K | -9.5% | $7.46M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 4 | D. E. Shaw & Co. ✦ | 283.31K | -52.2% | $5.44M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 5 | State Street Global Advisors ✦ (passive) | 48.95K | New | $940,272 | 0.0% | New | 1 | SEC ↗ |
| 6 | Marshall Wace ✦ | 28.61K | -96.1% | $549,695 | 0.0% | ▼ Trim | 2 | SEC ↗ ×3 |
| 7 | Point72 Asset Management ✦ | 21.65K | New | $415,925 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| State Street Global Advisors | $940,272 | 0.0% |
| Point72 Asset Management | $415,925 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 349 holders, 69.62M shares, $672.78M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.