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Hercules Capital, Inc.

HTGC
Exchange
NYSE
SEC CIK
0001280784

No open-market purchases or sales by Hercules Capital, Inc. insiders were filed in the last 90 days; 332 institutions reported holding it in 13F filings for Q2 2026, worth $834.9M in total; no superinvestor holds it.

Other share classesHCXY

13F holders, Q3 2025

Institutional positions in Hercules Capital, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
343
+23 vs. Q2 2025
Shares held
47.4M
+520.9K (+1.1%) vs. Q2 2025
Total value
$992.5M
+$42.3M (+4.5%) vs. Q2 2025
New holders
51
123 more added
Sold out
28
100 more reduced

6 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting HTGC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 343 institutions
Q1 2021: 213 institutionsQ2 2021: 214 institutionsQ3 2021: 219 institutionsQ4 2021: 246 institutionsQ1 2022: 241 institutionsQ2 2022: 249 institutionsQ3 2022: 237 institutionsQ4 2022: 263 institutionsQ1 2023: 257 institutionsQ2 2023: 249 institutionsQ3 2023: 266 institutionsQ4 2023: 290 institutionsQ1 2024: 294 institutionsQ2 2024: 288 institutionsQ3 2024: 299 institutionsQ4 2024: 334 institutionsQ1 2025: 326 institutionsQ2 2025: 326 institutionsQ3 2025: 343 institutionsQ4 2025: 354 institutionsQ1 2026: 349 institutionsQ2 2026: 332 institutions
Value heldQ3 2025: $992.5M
Q1 2021: $510.3MQ2 2021: $537.2MQ3 2021: $511.5MQ4 2021: $515.6MQ1 2022: $537.8MQ2 2022: $410.2MQ3 2022: $364.3MQ4 2022: $437.8MQ1 2023: $405.6MQ2 2023: $420.3MQ3 2023: $482.0MQ4 2023: $562.3MQ1 2024: $670.7MQ2 2024: $679.8MQ3 2024: $646.1MQ4 2024: $762.0MQ1 2025: $775.1MQ2 2025: $955.2MQ3 2025: $992.5MQ4 2025: $1.02BQ1 2026: $744.0MQ2 2026: $834.9M
Institutions holding HTGC and their total value by quarter
QuarterHoldersValue
Q2 2026332$834.9M
Q1 2026349$744.0M
Q4 2025354$1.02B
Q3 2025343$992.5M
Q2 2025326$955.2M
Q1 2025326$775.1M
Q4 2024334$762.0M
Q3 2024299$646.1M
Q2 2024288$679.8M
Q1 2024294$670.7M
Q4 2023290$562.3M
Q3 2023266$482.0M
Q2 2023249$420.3M
Q1 2023257$405.6M
Q4 2022263$437.8M
Q3 2022237$364.3M
Q2 2022249$410.2M
Q1 2022241$537.8M
Q4 2021246$515.6M
Q3 2021219$511.5M
Q2 2021214$537.2M
Q1 2021213$510.3M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Hercules Capital, Inc.; share changes are against Q2 2025.

Institutions holding HTGC in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Union Bancaire Privee, UBP SA35,781$102.2M1.45%00.0%Unchanged
Van Eck Associates Corp3,647,184$69.0M0.06%+28,757+0.8%Added
Sound Income Strategies, LLC2,752,867$47.0M2.57%−177,473−6.1%Reduced
Two Sigma Advisers, LP1,956,400$37.0M0.07%−125,200−6.0%Reduced
LPL Financial LLC1,794,113$33.9M0.01%+497,579+38.4%Added
Millennium Management LLC1,362,362$25.8M0.02%−1,546,798−53.2%Reduced
BlackRock, Inc.1,339,037$25.3M0.00%+272,219+25.5%Added
Two Sigma Investments, LP1,328,016$25.1M0.04%+7,700+0.6%Added
UBS Group AG1,318,768$24.9M0.00%+165,762+14.4%Added
Morgan Stanley1,173,626$22.2M0.00%−255,959−17.9%Reduced
Legal & General Group Plc1,172,230$22.2M0.00%−80,974−6.5%Reduced
Qube Research & Technologies Ltd1,027,274$19.4M0.03%+446,860+77.0%Added
Muzinich & Co., Inc.992,820$18.8M7.28%+254,651+34.5%Added
Franklin Resources Inc928,629$17.6M0.00%+85,515+10.1%Added
Citadel Advisors LLC904,135$17.1M0.01%+239,925+36.1%Added
Sumitomo Mitsui Trust Holdings, Inc.884,946$16.7M0.01%+263,222+42.3%Added
JPMorgan Chase & Co839,176$15.9M0.00%+312,807+59.4%Added
Melia Wealth LLC813,540$15.4M6.74%+19,954+2.5%Added
Advisors Capital Management, LLC794,251$15.0M0.19%+39,730+5.3%Added
Royal Bank of Canada760,557$14.4M0.00%−816,189−51.8%Reduced
Wells Fargo & Company757,054$14.3M0.00%+3,400+0.5%Added
Raymond James Financial Inc705,969$13.3M0.00%+72,228+11.4%Added
Tectonic Advisors LLC689,511$13.0M0.71%+67,949+10.9%Added
Marshall Wace, LLP592,242$11.2M0.01%+592,242New
Gilman Hill Asset Management, LLC584,051$11.0M1.73%+13,672+2.4%Added
Voloridge Investment Management, LLC578,861$10.9M0.04%−51,783−8.2%Reduced
Stifel Financial Corp566,738$10.7M0.01%−2,464−0.4%Reduced
D. E. Shaw & Co., Inc.516,362$9.76M0.01%+173,505+50.6%Added
HRT Financial LP493,935$9.34M0.03%−64,075−11.5%Reduced
Connor, Clark & Lunn Investment Management Ltd.434,118$8.21M0.03%+216,057+99.1%Added
Advisors Asset Management, Inc.391,629$7.41M0.13%+8,878+2.3%Added
Atom Investors LP385,594$7.29M0.55%−2,889−0.7%Reduced
Trexquant Investment LP380,520$7.20M0.07%+380,520New
Border to Coast Pensions Partnership Ltd375,000$7.09M0.12%00.0%Unchanged
Neuberger Berman Group LLC321,745$6.08M0.00%−27,629−7.9%Reduced
Confluence Investment Management LLC302,513$5.72M0.08%−81,265−21.2%Reduced
D.A. Davidson & Co.300,139$5.68M0.04%+4,625+1.6%Added
Left Brain Wealth Management, LLC290,883$5.50M1.73%+6,815+2.4%Added
Ameriprise Financial Inc289,013$5.47M0.00%−38,010−11.6%Reduced
Janney Montgomery Scott LLC287,545$5.44M0.01%+287,545New
Credit Agricole S A278,720$5.27M0.02%+278,720New
The PNC Financial Services Group, Inc.268,318$5.07M0.00%−380−0.1%Reduced
Denali Advisors LLC265,576$5.02M0.57%−68,277−20.5%Reduced
S&T Bank249,016$4.71M1.32%−39,380−13.7%Reduced
Commonwealth Equity Services, LLC228,669$4.32M0.01%−58,489−20.4%Reduced
Goldman Sachs Group Inc221,753$4.19M0.00%−161,211−42.1%Reduced
Schonfeld Strategic Advisors LLC217,329$4.11M0.03%+82,796+61.5%Added
Northern Trust Corp215,039$4.07M0.00%+91,687+74.3%Added
Cetera Investment Advisers211,342$4.00M0.00%+18,519+9.6%Added
Naviter Wealth, LLC209,005$3.95M0.46%+5,314+2.6%Added
Great West Life Assurance Co206,341$3.89M0.01%+50,509+32.4%Added
FJ Capital Management LLC203,991$3.86M0.41%+53,556+35.6%Added
Blair William & Co203,205$3.84M0.01%00.0%Unchanged
Barclays PLC202,927$3.84M0.00%+100,405+97.9%Added
Ares Management LLC201,606$3.81M0.17%00.0%Unchanged
Truvestments Capital LLC188,618$3.57M0.64%−22,520−10.7%Reduced
Financial Advisory Service, Inc.185,046$3.50M0.24%−1,497−0.8%Reduced
State Street Corp173,065$3.27M0.00%+4,703+2.8%Added
Mount Yale Investment Advisors, LLC171,516$3.24M0.23%+4,326+2.6%Added
Cambridge Investment Research Advisors, Inc.167,468$3.17M0.01%+2,713+1.6%Added
Waterloo Capital, L.P.158,053$2.99M0.22%+6,702+4.4%Added
Engineers Gate Manager LP157,298$2.97M0.03%−83,648−34.7%Reduced
Taylor Frigon Capital Management LLC154,414$2.92M1.45%+2,879+1.9%Added
Jump Financial, LLC146,175$2.76M0.04%−117,334−44.5%Reduced
Bank of America Corp145,518$2.75M0.00%+48,910+50.6%Added
Cubist Systematic Strategies, LLC144,265$2.73M0.04%−303,376−67.8%Reduced
Rockefeller Capital Management L.P.140,994$2.67M0.01%−145,698−50.8%Reduced
Deutsche Bank AG140,746$2.66M0.00%+137,497+4,232.0%Added
Quantbot Technologies LP132,897$2.51M0.07%−8,890−6.3%Reduced
Private Advisor Group, LLC125,811$2.38M0.01%+406+0.3%Added
Natixis118,163$2.23M0.01%+192+0.2%Added
Advisor Group Holdings, Inc.113,887$2.20M0.00%−6,941−5.7%Reduced
DnB Asset Management AS114,192$2.16M0.01%00.0%Unchanged
PFG Investments, LLC112,183$2.12M0.11%+2,351+2.1%Added
Steward Partners Investment Advisory, LLC111,956$2.12M0.01%−202−0.2%Reduced
CIBC Private Wealth Group, LLC111,276$2.10M0.00%00.0%Unchanged
Napa Wealth Management111,045$2.10M0.98%+2,015+1.8%Added
Prevail Innovative Wealth Advisors, LLC107,148$2.03M0.39%+19,000+21.6%Added
Kestra Private Wealth Services, LLC101,544$1.92M0.03%−2,288−2.2%Reduced
Pennington Partners & Co., LLC96,700$1.83M0.87%00.0%Unchanged
Nations Financial Group Inc,96,690$1.83M0.11%+2,627+2.8%Added
Capital Advisory Group Advisory Services, LLC92,486$1.75M0.54%+1,582+1.7%Added
Brevan Howard Capital Management LP88,366$1.67M0.02%+14,456+19.6%Added
Sharpepoint LLC88,336$1.67M1.51%+1,879+2.2%Added
Wealth Enhancement Advisory Services, LLC89,575$1.61M0.00%+56,797+173.3%Added
IHT Wealth Management, LLC84,077$1.59M0.04%+3,280+4.1%Added
Kestra Advisory Services, LLC83,526$1.58M0.01%+45,411+119.1%Added
Toroso Investments, LLC83,114$1.57M0.01%+5,936+7.7%Added
Legacy Capital Wealth Partners, LLC81,662$1.54M0.34%−373−0.5%Reduced
Creegan & Nassoura Financial Group, LLC79,670$1.51M0.97%−500−0.6%Reduced
BNP Paribas Arbitrage, SA79,426$1.50M0.00%−122,441−60.7%Reduced
International Assets Investment Management, LLC79,555$1.49M0.12%+60,100+308.9%Added
Point72 Asset Management, L.P.75,400$1.43M0.00%+39,101+107.7%Added
Delphi Management Inc74,694$1.41M1.31%−1,761−2.3%Reduced
Naples Global Advisors, LLC71,449$1.35M0.11%+1,525+2.2%Added
Global Retirement Partners, LLC69,615$1.32M0.03%+46,099+196.0%Added
HighTower Advisors, LLC65,842$1.25M0.00%−6,852−9.4%Reduced
Golden State Wealth Management, LLC64,577$1.22M0.13%−10,961−14.5%Reduced
Lido Advisors, LLC63,046$1.19M0.00%+7,088+12.7%Added
Campbell & CO Investment Adviser LLC61,398$1.16M0.09%−107,038−63.5%Reduced