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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 $815.0M 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
47.0M
+1.06M (+2.3%) vs. Q2 2025
Total value
$882.3M
+$43.6M (+5.2%) 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: $882.3M
Q1 2021: $509.7MQ2 2021: $537.2MQ3 2021: $511.5MQ4 2021: $515.4MQ1 2022: $537.2MQ2 2022: $410.2MQ3 2022: $364.1MQ4 2022: $434.2MQ1 2023: $403.7MQ2 2023: $418.2MQ3 2023: $482.0MQ4 2023: $535.2MQ1 2024: $618.4MQ2 2024: $671.2MQ3 2024: $640.1MQ4 2024: $760.4MQ1 2025: $774.9MQ2 2025: $843.8MQ3 2025: $882.3MQ4 2025: $937.8MQ1 2026: $744.0MQ2 2026: $815.0M
Institutions holding HTGC and their total value by quarter
QuarterHoldersValue
Q2 2026332$815.0M
Q1 2026349$744.0M
Q4 2025354$937.8M
Q3 2025343$882.3M
Q2 2025326$843.8M
Q1 2025326$774.9M
Q4 2024334$760.4M
Q3 2024299$640.1M
Q2 2024288$671.2M
Q1 2024294$618.4M
Q4 2023290$535.2M
Q3 2023266$482.0M
Q2 2023249$418.2M
Q1 2023257$403.7M
Q4 2022263$434.2M
Q3 2022237$364.1M
Q2 2022249$410.2M
Q1 2022241$537.2M
Q4 2021246$515.4M
Q3 2021219$511.5M
Q2 2021214$537.2M
Q1 2021213$509.7M

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
Denali Advisors LLC265,576$5.02M0.57%−68,277−20.5%Reduced
The PNC Financial Services Group, Inc.268,318$5.07M0.00%−380−0.1%Reduced
Credit Agricole S A278,720$5.27M0.02%+278,720New
Janney Montgomery Scott LLC287,545$5.44M0.01%+287,545New
Ameriprise Financial Inc289,013$5.47M0.00%−38,010−11.6%Reduced
Left Brain Wealth Management, LLC290,883$5.50M1.73%+6,815+2.4%Added
D.A. Davidson & Co.300,139$5.68M0.04%+4,625+1.6%Added
Confluence Investment Management LLC302,513$5.72M0.08%−81,265−21.2%Reduced
Neuberger Berman Group LLC321,745$6.08M0.00%−27,629−7.9%Reduced
Border to Coast Pensions Partnership Ltd375,000$7.09M0.12%00.0%Unchanged
Trexquant Investment LP380,520$7.20M0.07%+380,520New
Atom Investors LP385,594$7.29M0.55%−2,889−0.7%Reduced
Advisors Asset Management, Inc.391,629$7.41M0.13%+8,878+2.3%Added
JPMorgan Chase & Co419,588$7.93M0.00%−106,781−20.3%Reduced
Connor, Clark & Lunn Investment Management Ltd.434,118$8.21M0.03%+216,057+99.1%Added
HRT Financial LP493,935$9.34M0.03%−64,075−11.5%Reduced
D. E. Shaw & Co., Inc.516,362$9.76M0.01%+173,505+50.6%Added
Stifel Financial Corp566,738$10.7M0.01%−2,464−0.4%Reduced
Voloridge Investment Management, LLC578,861$10.9M0.04%−51,783−8.2%Reduced
Gilman Hill Asset Management, LLC584,051$11.0M1.73%+13,672+2.4%Added
Marshall Wace, LLP592,242$11.2M0.01%+592,242New
Tectonic Advisors LLC689,511$13.0M0.71%+67,949+10.9%Added
Raymond James Financial Inc705,969$13.3M0.00%+72,228+11.4%Added
Wells Fargo & Company757,054$14.3M0.00%+3,400+0.5%Added
Royal Bank of Canada760,557$14.4M0.00%−27,816−3.5%Reduced
Advisors Capital Management, LLC794,251$15.0M0.19%+39,730+5.3%Added
Melia Wealth LLC813,540$15.4M6.74%+19,954+2.5%Added
Sumitomo Mitsui Trust Holdings, Inc.884,946$16.7M0.01%+263,222+42.3%Added
Citadel Advisors LLC904,135$17.1M0.01%+239,925+36.1%Added
Franklin Resources Inc928,629$17.6M0.00%+85,515+10.1%Added
Muzinich & Co., Inc.992,820$18.8M7.28%+254,651+34.5%Added
Qube Research & Technologies Ltd1,027,274$19.4M0.03%+446,860+77.0%Added
Legal & General Group Plc1,172,230$22.2M0.00%−80,974−6.5%Reduced
Morgan Stanley1,173,626$22.2M0.00%−255,959−17.9%Reduced
UBS Group AG1,318,768$24.9M0.00%+165,762+14.4%Added
Two Sigma Investments, LP1,328,016$25.1M0.04%+7,700+0.6%Added
BlackRock, Inc.1,339,037$25.3M0.00%+272,219+25.5%Added
Millennium Management LLC1,362,362$25.8M0.02%−1,546,798−53.2%Reduced
LPL Financial LLC1,794,113$33.9M0.01%+497,579+38.4%Added
Two Sigma Advisers, LP1,956,400$37.0M0.07%−125,200−6.0%Reduced
Sound Income Strategies, LLC2,752,867$47.0M2.57%−177,473−6.1%Reduced
Van Eck Associates Corp3,647,184$69.0M0.06%+28,757+0.8%Added
Union Bancaire Privee, UBP SA35,781––00.0%Unchanged
Tudor Investment Corp Et Al0$00.00%−128,987−100.0%Sold out
Bryce Point Capital, LLC0$00.00%−36,842−100.0%Sold out
Hennion & Walsh Asset Management, Inc.0$00.00%−36,798−100.0%Sold out
MQS Management LLC0$00.00%−31,240−100.0%Sold out
Oxford Asset Management LLP0$00.00%−30,338−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−27,059−100.0%Sold out
Aigen Investment Management, LP0$00.00%−23,367−100.0%Sold out
Mercer Global Advisors Inc0$00.00%−19,297−100.0%Sold out
Brown Advisory Inc0$00.00%−16,919−100.0%Sold out
Sciencast Management LP0$00.00%−15,442−100.0%Sold out
Prossimo Advisors, LLC0$00.00%−13,089−100.0%Sold out
Wall Street Access Asset Management, LLC0$00.00%−12,864−100.0%Sold out
AXA S.A.0$00.00%−12,110−100.0%Sold out
Mirae Asset Global Investments Co., Ltd.0$00.00%−6,000−100.0%Sold out
Bayforest Capital Ltd0$00.00%−5,289−100.0%Sold out
Whittier Trust Co of Nevada Inc0$00.00%−2,723−100.0%Sold out
CNB Bank0$00.00%−1,848−100.0%Sold out
GHP Investment Advisors, Inc.0$00.00%−1,500−100.0%Sold out
Acadian Asset Management LLC0$00.00%−1,520−100.0%Sold out
Skopos Labs, Inc.0$00.00%−1,199−100.0%Sold out
Beacon Capital Management, LLC0$00.00%−835−100.0%Sold out
Trust Co of Vermont0$00.00%−825−100.0%Sold out
Thurston, Springer, Miller, Herd & Titak, Inc.0$00.00%−700−100.0%Sold out
West Oak Capital, LLC0$00.00%−500−100.0%Sold out
Twin Peaks Wealth Advisors, LLC0$00.00%−451−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−100−100.0%Sold out
PEAK6 LLC0$00.00%−81−100.0%Sold out
Elequin Capital LP0$00.00%−66−100.0%Sold out
Graypoint LLC––––Not filed
TFG Advisers LLC––––Not filed
Atria Wealth Solutions, Inc.––––Not filed
Avantax Advisory Services, Inc.––––Not filed
First Horizon Advisors, Inc.––––Not filed
Iron Horse Wealth Management, LLC––––Not filed