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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
Virtus Investment Advisers, Inc.33,518$630.8K0.17%−7,478−18.2%Reduced
Foundations Investment Advisors, LLC33,595$632.3K0.01%+7,693+29.7%Added
Simplex Trading, LLC34,820$655.3K0.02%+16,544+90.5%Added
Autumn Glory Partners, LLC35,000$658.7K0.23%+6,000+20.7%Added
Sit Investment Associates Inc35,000$659.0K0.01%00.0%Unchanged
Whipplewood Advisors, LLC35,554$669.1K0.43%+20,236+132.1%Added
Y-Intercept (Hong Kong) Ltd36,487$686.7K0.02%−16,191−30.7%Reduced
US Bancorp37,182$699.8K0.00%−4,288−10.3%Reduced
Bramshill Investments, LLC37,385$703.6K0.04%+252+0.7%Added
Dakota Wealth Management37,835$712.1K0.01%−885−2.3%Reduced
Access Investment Management LLC38,200$722.4K0.19%00.0%Unchanged
MQS Management LLC38,650$727.4K0.43%+38,650New
Accel Wealth Management39,053$735.0K0.20%+6,152+18.7%Added
Rhodes Investment Advisors Inc39,300$739.6K0.60%+39,300New
Eagle Global Advisors LLC39,640$746.0K0.03%+8,465+27.2%Added
Summit Financial, LLC40,284$758.1K0.01%−533−1.3%Reduced
Wiley Bros.-Aintree Capital, LLC40,301$758.5K0.00%+3,703+10.1%Added
Catalyst Capital Advisors LLC40,565$763.4K0.02%+40,565New
Price T Rowe Associates Inc40,719$767.0K0.00%+2,594+6.8%Added
SMH Capital Advisors Inc41,065$772.8K1.57%+500+1.2%Added
CI Private Wealth, LLC41,142$774.3K0.00%−10,945−21.0%Reduced
Beacon Pointe Advisors, LLC42,447$798.9K0.01%+9,750+29.8%Added
Mirador Capital Partners LP43,617$820.9K0.11%−550−1.2%Reduced
Colony Group, LLC45,197$850.6K0.00%+26,361+140.0%Added
ExodusPoint Capital Management, LP47,430$892.6K0.01%−6,644−12.3%Reduced
Ares Financial Consulting, LLC47,730$898.3K0.86%+47,730New
North Star Investment Management Corp.47,965$902.7K0.06%−2,508−5.0%Reduced
McDonald Partners LLC48,000$903.4K0.28%00.0%Unchanged
Secure Asset Management, LLC48,517$913.1K0.14%+48,517New
J.W. Cole Advisors, Inc.56,129$946.0K0.02%+2,380+4.4%Added
Aquatic Capital Management LLC52,335$984.9K0.03%+48,620+1,308.7%Added
AE Wealth Management LLC53,535$1.01M0.01%+24,569+84.8%Added
Tred Avon Family Wealth, LLC54,214$1.02M0.33%−903−1.6%Reduced
Rare Wolf Capital LLC55,029$1.04M0.65%+55,029New
Cordoba Advisory Partners LLC55,367$1.04M0.26%+55,367New
Kovack Advisors, Inc.55,383$1.04M0.05%+55,383New
Mariner, LLC56,453$1.06M0.00%+764+1.4%Added
Group One Trading, L.P.56,693$1.07M0.03%+50,190+771.8%Added
Essex Financial Services, Inc.56,739$1.07M0.06%+330+0.6%Added
Twinbeech Capital LP58,421$1.10M0.08%+36,365+164.9%Added
Arkadios Wealth Advisors58,573$1.10M0.02%−606−1.0%Reduced
Sigma Planning Corp59,352$1.12M0.03%+6,937+13.2%Added
Abundance Wealth Counselors61,609$1.16M0.20%+1,652+2.8%Added
Creative Planning62,994$1.19M0.00%+22,379+55.1%Added
Magnetar Financial LLC63,570$1.20M0.01%+23,191+57.4%Added
Golden State Wealth Management, LLC63,656$1.20M0.13%−921−1.4%Reduced
Resolute Capital, LLC64,500$1.21M0.51%+64,500New
HighTower Advisors, LLC64,558$1.21M0.00%−1,284−2.0%Reduced
Squarepoint Ops LLC64,595$1.22M0.00%+27,873+75.9%Added
Lido Advisors, LLC66,794$1.26M0.00%+3,748+5.9%Added
Kestra Advisory Services, LLC67,994$1.28M0.01%−15,532−18.6%Reduced
Independent Financial Group, LLC68,290$1.29M0.03%+47,636+230.6%Added
Global Retirement Partners, LLC69,574$1.31M0.02%−41−0.1%Reduced
J.M. Arbour, LLC69,603$1.31M1.31%+69,603New
Naples Global Advisors, LLC71,569$1.35M0.10%+120+0.2%Added
Credit Agricole S A77,368$1.46M0.00%−201,352−72.2%Reduced
Creegan & Nassoura Financial Group, LLC78,420$1.48M0.96%−1,250−1.6%Reduced
Delphi Management Inc78,512$1.48M1.44%+3,818+5.1%Added
Toroso Investments, LLC78,874$1.48M0.01%−4,240−5.1%Reduced
Invesco Ltd.79,650$1.50M0.00%+35,722+81.3%Added
International Assets Investment Management, LLC109,555$1.53M0.10%+30,000+37.7%Added
Lansforsakringar Fondforvaltning AB (publ)83,979$1.58M0.01%+83,979New
IHT Wealth Management, LLC86,883$1.64M0.04%+2,806+3.3%Added
Legacy Capital Wealth Partners, LLC89,597$1.69M0.36%+7,935+9.7%Added
Capital Advisory Group Advisory Services, LLC91,125$1.71M0.50%−1,361−1.5%Reduced
Pennington Partners & Co., LLC96,700$1.82M0.73%00.0%Unchanged
Kestra Private Wealth Services, LLC97,735$1.84M0.02%−3,809−3.8%Reduced
Nations Financial Group Inc,98,337$1.85M0.10%+1,647+1.7%Added
Advisor Group Holdings, Inc.99,697$1.88M0.00%−14,190−12.5%Reduced
Sharpepoint LLC100,621$1.89M1.13%+12,285+13.9%Added
Brevan Howard Capital Management LP100,713$1.90M0.04%+12,347+14.0%Added
Wealth Enhancement Advisory Services, LLC102,959$1.92M0.00%+13,384+14.9%Added
Triad Investment Management104,063$1.96M1.98%+104,063New
Centaurus Financial, Inc.106,394$2.00M0.09%+68,575+181.3%Added
DnB Asset Management AS107,922$2.03M0.01%−6,270−5.5%Reduced
Steward Partners Investment Advisory, LLC109,897$2.07M0.01%−2,059−1.8%Reduced
PFG Investments, LLC111,111$2.09M0.10%−1,072−1.0%Reduced
CIBC Private Wealth Group, LLC111,276$2.09M0.00%00.0%Unchanged
Bank of New York Mellon Corp113,607$2.14M0.00%+94,364+490.4%Added
Verition Fund Management LLC116,530$2.19M0.01%+79,103+211.4%Added
Natixis118,377$2.23M0.01%+214+0.2%Added
Sage Advisors, LLC119,974$2.26M1.50%+61,944+106.7%Added
Engineers Gate Manager LP132,688$2.50M0.03%−24,610−15.6%Reduced
Private Advisor Group, LLC135,477$2.55M0.01%+9,666+7.7%Added
Rockefeller Capital Management L.P.140,996$2.65M0.00%+20.0%Added
Deutsche Bank AG141,281$2.66M0.00%+535+0.4%Added
Taylor Frigon Capital Management LLC163,288$3.07M1.56%+8,874+5.7%Added
Cambridge Investment Research Advisors, Inc.167,690$3.16M0.01%+222+0.1%Added
FJ Capital Management LLC169,984$3.20M0.35%−34,007−16.7%Reduced
Walleye Trading LLC171,395$3.23M0.05%+156,924+1,084.4%Added
Barclays PLC176,373$3.32M0.00%−26,554−13.1%Reduced
Truvestments Capital LLC181,726$3.42M0.62%−6,892−3.7%Reduced
Financial Advisory Service, Inc.182,746$3.44M0.22%−2,300−1.2%Reduced
Waterloo Capital, L.P.185,319$3.49M0.25%+27,266+17.3%Added
XTX Topco Ltd193,304$3.64M0.10%+193,304New
Naviter Wealth, LLC193,963$3.65M0.48%−15,042−7.2%Reduced
Blair William & Co195,593$3.68M0.01%−7,612−3.7%Reduced
S&T Bank197,893$3.72M1.18%−51,123−20.5%Reduced
Cerity Partners LLC197,961$3.73M0.01%+169,368+592.3%Added
Northern Trust Corp201,385$3.79M0.00%−13,654−6.3%Reduced