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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, Q4 2025

Institutional positions in Hercules Capital, Inc. as of Dec 31, 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
354
+24 vs. Q3 2025
Shares held
52.4M
+5.73M (+12.3%) vs. Q3 2025
Total value
$937.8M
+$61.8M (+7.1%) vs. Q3 2025
New holders
57
134 more added
Sold out
33
97 more reduced

13 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 354 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 heldQ4 2025: $937.8M
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, Q4 2025

Shares, value and share of portfolio for each institution holding Hercules Capital, Inc.; share changes are against Q3 2025.

Institutions holding HTGC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Intrua Financial, LLC10,197$191.9K0.02%+10,197New
Diversified Enterprises, LLC10,312$194.1K0.01%00.0%Unchanged
Grimes & Company, Inc.10,347$194.7K0.00%+10,347New
O'Shaughnessy Asset Management, LLC10,373$195.2K0.00%+10,373New
Calton & Associates, Inc.10,379$195.3K0.03%+10,379New
Occudo Quantitative Strategies LP10,387$195.5K0.01%−99−0.9%Reduced
SageGuard Financial Group, LLC10,705$201.5K0.03%+10,705New
Principal Securities, Inc.10,722$201.8K0.00%+2,080+24.1%Added
Brookstone Capital Management10,748$202.3K0.00%−2,095−16.3%Reduced
Campbell & CO Investment Adviser LLC10,756$202.4K0.01%−50,642−82.5%Reduced
Anfield Capital Management, LLC10,828$203.8K0.06%00.0%Unchanged
ARGA Investment Management, LP11,223$211.2K0.01%00.0%Unchanged
ORG Partners LLC11,425$215.0K0.04%00.0%Unchanged
Snowden Capital Advisors LLC11,436$215.2K0.01%−1,176−9.3%Reduced
Advisory Services Network, LLC11,527$216.9K0.00%−5,780−33.4%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH11,548$217.3K0.00%00.0%Unchanged
Mackenzie Financial Corp11,745$220.3K0.00%+303+2.6%Added
TrueMark Investments, LLC11,717$220.5K0.04%+11,717New
Baker Avenue Asset Management, LP11,896$223.9K0.01%+881+8.0%Added
PharVision Advisers, LLC11,918$224.3K0.11%+11,918New
WealthBridge Capital Management, LLC12,000$225.8K0.05%00.0%Unchanged
Keystone Financial Group12,198$229.6K0.02%00.0%Unchanged
FourThought Financial Partners, LLC12,436$234.0K0.02%−599−4.6%Reduced
Catalyst Funds Management Pty Ltd12,482$234.9K0.05%+12,482New
Sunbelt Securities, Inc.12,487$235.0K0.02%+14+0.1%Added
Evergreen Capital Management LLC12,504$235.3K0.01%+12,504New
Hudson Bay Capital Management LP12,580$236.8K0.00%+12,580New
Fulton Bank, N.A.12,817$241.2K0.01%00.0%Unchanged
Beaumont Financial Advisors, LLC12,845$241.7K0.02%+321+2.6%Added
Wedbush Securities Inc12,938$243.0K0.01%−978−7.0%Reduced
Chung Wu Investment Group, LLC12,978$244.2K0.20%00.0%Unchanged
Sequoia Financial Advisors, LLC13,201$248.4K0.00%+13,201New
Farther Finance Advisors, LLC13,296$250.2K0.00%−4,573−25.6%Reduced
Register Financial Advisors LLC13,362$251.5K0.10%−1,976−12.9%Reduced
Invested Advisors13,471$253.5K0.26%+2,176+19.3%Added
United Capital Financial Advisers, LLC13,679$257.4K0.00%−200−1.4%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.13,718$258.0K0.00%+13,718New
Modern Wealth Management, LLC13,820$260.1K0.00%+55+0.4%Added
Sand Hill Global Advisors, LLC13,832$260.3K0.01%−2,000−12.6%Reduced
Parallel Advisors, LLC13,944$262.4K0.00%−750−5.1%Reduced
Annex Advisory Services, LLC14,004$263.6K0.01%+14,004New
Change Path, LLC14,175$266.8K0.01%+40+0.3%Added
Closed-End Fund Advisors, Inc.14,211$267.5K0.16%+14,211New
CAPROCK Group, Inc.14,215$267.5K0.01%00.0%Unchanged
Colonial River Wealth Management, LLC14,507$273.0K0.10%−875−5.7%Reduced
Axxcess Wealth Management, LLC14,507$273.0K0.00%−875−5.7%Reduced
Quantinno Capital Management LP14,578$274.4K0.00%+14,578New
Stratos Wealth Partners, LTD.14,624$275.2K0.00%−2,098−12.5%Reduced
Penbrook Management LLC14,767$277.9K0.19%−8−0.1%Reduced
SRS Capital Advisors, Inc.14,800$278.5K0.01%+20.0%Added
Allie Family Office LLC15,000$282.3K0.13%00.0%Unchanged
Balyasny Asset Management LLC15,002$282.3K0.00%−4,265−22.1%Reduced
Alps Advisors Inc15,205$286.2K0.00%+15,205New
Cascade Financial Partners, LLC15,293$287.8K0.03%00.0%Unchanged
HB Wealth Management, LLC15,511$291.9K0.00%+3,583+30.0%Added
Steel Peak Wealth Management LLC15,574$293.1K0.01%−22,442−59.0%Reduced
Tudor Investment Corp Et Al15,663$294.8K0.00%+15,663New
Miracle Mile Advisors, LLC16,183$304.6K0.00%+16,183New
Inspire Advisors, LLC17,733$333.8K0.03%−238−1.3%Reduced
Allspring Global Investments Holdings, LLC18,700$351.9K0.00%00.0%Unchanged
Pathstone Holdings, LLC18,980$357.2K0.00%+36+0.2%Added
Chicago Partners Investment Group LLC19,260$358.6K0.01%+257+1.4%Added
Principle Wealth Partners LLC19,385$364.8K0.02%00.0%Unchanged
Apollon Wealth Management, LLC19,445$366.0K0.01%+301+1.6%Added
First National Trust Co19,634$369.5K0.01%00.0%Unchanged
Sowell Financial Services LLC19,725$371.2K0.01%+3,603+22.3%Added
Global Endowment Management, LP20,000$376.0K0.05%+5,000+33.3%Added
Madison Park Capital Advisors, LLC20,000$376.4K0.31%00.0%Unchanged
RMR Wealth Builders20,241$380.9K0.03%+179+0.9%Added
Wall Street Access Asset Management, LLC20,267$381.4K0.09%+20,267New
Susquehanna International Group, LLP20,995$395.1K0.00%+10,670+103.3%Added
Cornerstone Wealth Management, LLC21,050$396.2K0.02%−126−0.6%Reduced
Diversify Advisory Services, LLC22,003$416.1K0.01%−1,531−6.5%Reduced
Investment Research Partners LLC22,297$419.6K0.18%+116+0.5%Added
Accredited Investors Inc.23,000$432.9K0.02%00.0%Unchanged
Pasadena Private Wealth, LLC24,002$451.7K0.06%+6,062+33.8%Added
Core Wealth Partners LLC24,153$454.6K0.20%00.0%Unchanged
Summit Global Investments24,200$455.0K0.03%00.0%Unchanged
IMC-Chicago, LLC24,177$455.0K0.01%+24,177New
Fox Run Management, L.L.C.24,354$458.3K0.07%+657+2.8%Added
Concurrent Investment Advisors, LLC24,410$459.4K0.01%+1,309+5.7%Added
Haven Private, LLC24,625$463.4K0.20%+24,625New
Oppenheimer & Co Inc24,716$465.2K0.01%+199+0.8%Added
Prime Capital Investment Advisors, LLC25,259$475.4K0.01%+193+0.8%Added
Captrust Financial Advisors26,868$505.7K0.00%+2,879+12.0%Added
MML Investors Services, LLC27,090$509.8K0.00%+4,987+22.6%Added
Caxton Associates LLP27,400$515.7K0.01%00.0%Unchanged
First National Bank of Mount Dora, Trust Investment Services29,246$550.4K0.12%00.0%Unchanged
BigSur Wealth Management LLC29,500$555.2K0.13%00.0%Unchanged
Future Financial Wealth Managment LLC30,175$562.2K0.38%00.0%Unchanged
Everstar Asset Management, LLC11,557$564.7K0.30%+11,557New
CWM Advisors, LLC30,454$573.1K0.05%+1,386+4.8%Added
Truist Financial Corp30,533$574.6K0.00%+276+0.9%Added
Monument Capital Management30,960$582.7K0.14%−3,487−10.1%Reduced
1620 Investment Advisors, Inc.30,993$583.3K0.39%−70−0.2%Reduced
Balboa Wealth Partners31,017$583.7K0.10%00.0%Unchanged
ProShare Advisors LLC32,168$605.4K0.00%−587−1.8%Reduced
Americana Partners, LLC32,250$606.9K0.02%00.0%Unchanged
Envestnet Asset Management Inc33,351$627.7K0.00%−16,535−33.1%Reduced
Guggenheim Capital LLC33,420$629.0K0.00%+2,216+7.1%Added