Who owns Hercules Capital, Inc. (HCXY)
Which tracked institutional funds hold HCXY, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HCXY company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on HCXY is one-sided between 2025-Q4 and 2026-Q1: 35 added or opened and 103 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
HCXY’s largest tracked holder by dollar value, Sound Income Strategies, LLC, sizes it at 2.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HCXY divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 350 tracked filers holding HCXY, 184 increased or opened the position and 167 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in HCXY between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 12
- PANORAMIC INVESTMENT ADVISORS, LLC$12M
- ELEVATION POINT WEALTH PARTNERS, LLC$3M
- Significant Wealth Partners LLC$2M
- LAZARD ASSET MANAGEMENT LLC$2M
- CIBC Bancorp USA Inc.$2M
- MATHER GROUP, LLC.$2M
Full exits 23
- TWO SIGMA ADVISERS, LP$36M
- Point72 Asset Management, L.P.$10M
- JANE STREET GROUP, LLC$7M
- MARSHALL WACE, LLP$6M
- Janney Montgomery Scott LLC$5M
- PREVAIL INNOVATIVE WEALTH ADVISORS, LLC$5M
Largest adds
- ARES MANAGEMENT LLC$8M
- D. E. Shaw & Co., Inc.$7M
- JPMORGAN CHASE & CO$6M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$6M
- UBS Group AG$5M
- Qube Research & Technologies Ltd$4M
Largest trims
- Union Bancaire Privee, UBP SA$81M
- VAN ECK ASSOCIATES CORP$18M
- BlackRock, Inc.$12M
- MILLENNIUM MANAGEMENT LLC$12M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$9M
- LPL Financial LLC$8M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Sound Income Strategies, LLC added | 3,382,058 | $49M | 6.4% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP trimmed | 3,163,981 | $47M | 6.1% | 2026-Q1 |
| UBS Group AG added | 2,493,992 | $37M | 4.8% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 2,324,859 | $34M | 4.4% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 2,235,750 | $33M | 4.3% | 2026-Q1 |
| LPL Financial LLC trimmed | 1,795,677 | $27M | 3.4% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 1,548,960 | $23M | 3.0% | 2026-Q1 |
| Legal & General Group Plc added | 1,498,653 | $22M | 2.9% | 2026-Q1 |
| Muzinich & Co., Inc. added | 1,350,125 | $20M | 2.6% | 2026-Q1 |
| MORGAN STANLEY added | 1,264,616 | $19M | 2.4% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 1,135,489 | $17M | 2.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. added | 1,025,337 | $15M | 2.0% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 985,160 | $15M | 1.9% | 2026-Q1 |
| TECTONIC ADVISORS LLC added | 893,102 | $13M | 1.7% | 2026-Q1 |
| Advisors Capital Management, LLC added | 856,216 | $13M | 1.6% | 2026-Q1 |
| BlackRock, Inc. trimmed | 855,052 | $13M | 1.6% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 878,600 | $12M | 1.6% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 815,385 | $12M | 1.6% | 2026-Q1 |
| PANORAMIC INVESTMENT ADVISORS, LLC new | 799,775 | $12M | 1.5% | 2026-Q1 |
| Melia Wealth LLC trimmed | 799,708 | $12M | 1.5% | 2026-Q1 |
| ARES MANAGEMENT LLC added | 776,606 | $11M | 1.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 749,207 | $11M | 1.4% | 2026-Q1 |
| Gilman Hill Asset Management, LLC added | 617,833 | $9M | 1.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 501,728 | $7M | 1.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 496,406 | $7M | 0.9% | 2026-Q1 |
| HRT FINANCIAL LP added | 495,278 | $7M | 0.9% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 476,568 | $7M | 0.9% | 2026-Q1 |
| Border to Coast Pensions Partnership Ltd added | 475,000 | $7M | 0.9% | 2026-Q1 |
| Trexquant Investment LP added | 470,541 | $7M | 0.9% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 442,571 | $7M | 0.8% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 438,077 | $6M | 0.8% | 2026-Q1 |
| Engineers Gate Manager LP added | 391,972 | $6M | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 384,372 | $6M | 0.7% | 2026-Q1 |
| Triad Investment Management added | 312,689 | $5M | 0.6% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 323,397 | $5M | 0.6% | 2026-Q1 |
| Advisors Asset Management, Inc. trimmed | 307,016 | $5M | 0.6% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 301,673 | $4M | 0.6% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 301,173 | $4M | 0.6% | 2026-Q1 |
| FJ Capital Management LLC added | 277,666 | $4M | 0.5% | 2026-Q1 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 273,343 | $4M | 0.5% | 2026-Q1 |
| Cetera Investment Advisers added | 256,621 | $4M | 0.5% | 2026-Q1 |
| BARCLAYS PLC added | 240,270 | $4M | 0.5% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 234,092 | $3M | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 227,010 | $3M | 0.4% | 2026-Q1 |
| DENALI ADVISORS LLC trimmed | 224,350 | $3M | 0.4% | 2026-Q1 |
| STATE STREET CORP added | 223,172 | $3M | 0.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 213,346 | $3M | 0.4% | 2026-Q1 |
| Naviter Wealth, LLC added | 210,445 | $3M | 0.4% | 2026-Q1 |
| ELEVATION POINT WEALTH PARTNERS, LLC added | 206,303 | $3M | 0.4% | 2026-Q1 |
| Cerity Partners LLC added | 197,967 | $3M | 0.4% | 2026-Q1 |
| Jump Financial, LLC trimmed | 196,273 | $3M | 0.4% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 193,310 | $3M | 0.4% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL trimmed | 191,193 | $3M | 0.4% | 2026-Q1 |
| Waterloo Capital, L.P. added | 186,760 | $3M | 0.4% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co trimmed | 184,580 | $3M | 0.4% | 2026-Q1 |
| Taylor Frigon Capital Management LLC trimmed | 158,491 | $2M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 157,097 | $2M | 0.3% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 151,940 | $2M | 0.3% | 2026-Q1 |
| Apollon Wealth Management, LLC added | 151,796 | $2M | 0.3% | 2026-Q1 |
| Bank of New York Mellon Corp added | 144,459 | $2M | 0.3% | 2026-Q1 |
| SHARPEPOINT LLC added | 142,488 | $2M | 0.3% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 142,061 | $2M | 0.3% | 2026-Q1 |
| Rare Wolf Capital LLC added | 130,771 | $2M | 0.3% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC trimmed | 128,549 | $2M | 0.2% | 2026-Q1 |
| Significant Wealth Partners LLC added | 125,136 | $2M | 0.2% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 124,353 | $2M | 0.2% | 2026-Q1 |
| Brevan Howard Capital Management LP added | 122,078 | $2M | 0.2% | 2026-Q1 |
| NATIXIS added | 118,634 | $2M | 0.2% | 2026-Q1 |
| PFG Investments, LLC added | 113,676 | $2M | 0.2% | 2026-Q1 |
| CIBC Bancorp USA Inc. new | 111,276 | $2M | 0.2% | 2026-Q1 |
| MATHER GROUP, LLC. new | 109,084 | $2M | 0.2% | 2026-Q1 |
| XTX Topco Ltd trimmed | 107,976 | $2M | 0.2% | 2026-Q1 |
| CENTAURUS FINANCIAL, INC. added | 107,492 | $2M | 0.2% | 2026-Q1 |
| Lansforsakringar Fondforvaltning AB (publ) added | 106,912 | $2M | 0.2% | 2026-Q1 |
| S&T Bank/PA trimmed | 106,315 | $2M | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 104,541 | $2M | 0.2% | 2026-Q1 |
| GROUP ONE TRADING LLC added | 101,940 | $2M | 0.2% | 2026-Q1 |
| IHT Wealth Management, LLC added | 100,895 | $1M | 0.2% | 2026-Q1 |
| AE Wealth Management LLC added | 100,693 | $1M | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 100,251 | $1M | 0.2% | 2026-Q1 |
| Legacy Capital Wealth Partners, LLC added | 98,333 | $1M | 0.2% | 2026-Q1 |
| TWO SIGMA ADVISERS, LP trimmed | 1,922,200 | $36M | 4.7% | 2025-Q4 stale |
| Point72 Asset Management, L.P. added | 557,660 | $10M | 1.4% | 2025-Q4 stale |
| Connor, Clark & Lunn Investment Management Ltd. added | 434,118 | $8M | 1.1% | 2025-Q3 stale |
| JANE STREET GROUP, LLC added | 358,937 | $7M | 0.9% | 2025-Q4 stale |
| MARSHALL WACE, LLP trimmed | 312,719 | $6M | 0.8% | 2025-Q4 stale |
| Janney Montgomery Scott LLC trimmed | 255,335 | $5M | 0.6% | 2025-Q4 stale |
| PREVAIL INNOVATIVE WEALTH ADVISORS, LLC added | 239,614 | $5M | 0.6% | 2025-Q4 stale |
| FAS Wealth Partners, Inc. trimmed | 182,746 | $3M | 0.4% | 2025-Q4 stale |
| Walleye Trading LLC added | 171,395 | $3M | 0.4% | 2025-Q4 stale |
| Graypoint LLC added | 169,462 | $3M | 0.4% | 2025-Q2 stale |
| Cubist Systematic Strategies, LLC trimmed | 144,265 | $3M | 0.4% | 2025-Q3 stale |
| SAGE ADVISORS, LLC added | 119,974 | $2M | 0.3% | 2025-Q4 stale |
| Verition Fund Management LLC added | 116,530 | $2M | 0.3% | 2025-Q4 stale |
| NAPA WEALTH MANAGEMENT added | 111,045 | $2M | 0.3% | 2025-Q3 stale |
| CIBC Private Wealth Group LLC | 111,276 | $2M | 0.3% | 2025-Q4 stale |
| Capital Advisory Group Advisory Services, LLC trimmed | 91,125 | $2M | 0.2% | 2025-Q4 stale |
| FIL Ltd added | 88,901 | $2M | 0.2% | 2025-Q1 stale |
| Creegan & Nassoura Financial Group, LLC trimmed | 78,420 | $1M | 0.2% | 2025-Q4 stale |
| CREDIT AGRICOLE S A trimmed | 77,368 | $1M | 0.2% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.