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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
Alps Advisors Inc15,205$286.2K0.00%+15,205New
Balyasny Asset Management LLC15,002$282.3K0.00%−4,265−22.1%Reduced
Allie Family Office LLC15,000$282.3K0.13%00.0%Unchanged
SRS Capital Advisors, Inc.14,800$278.5K0.01%+20.0%Added
Penbrook Management LLC14,767$277.9K0.19%−8−0.1%Reduced
Stratos Wealth Partners, LTD.14,624$275.2K0.00%−2,098−12.5%Reduced
Quantinno Capital Management LP14,578$274.4K0.00%+14,578New
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
CAPROCK Group, Inc.14,215$267.5K0.01%00.0%Unchanged
Closed-End Fund Advisors, Inc.14,211$267.5K0.16%+14,211New
Change Path, LLC14,175$266.8K0.01%+40+0.3%Added
Annex Advisory Services, LLC14,004$263.6K0.01%+14,004New
Parallel Advisors, LLC13,944$262.4K0.00%−750−5.1%Reduced
Sand Hill Global Advisors, LLC13,832$260.3K0.01%−2,000−12.6%Reduced
Modern Wealth Management, LLC13,820$260.1K0.00%+55+0.4%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.13,718$258.0K0.00%+13,718New
United Capital Financial Advisers, LLC13,679$257.4K0.00%−200−1.4%Reduced
Invested Advisors13,471$253.5K0.26%+2,176+19.3%Added
Register Financial Advisors LLC13,362$251.5K0.10%−1,976−12.9%Reduced
Farther Finance Advisors, LLC13,296$250.2K0.00%−4,573−25.6%Reduced
Sequoia Financial Advisors, LLC13,201$248.4K0.00%+13,201New
Chung Wu Investment Group, LLC12,978$244.2K0.20%00.0%Unchanged
Wedbush Securities Inc12,938$243.0K0.01%−978−7.0%Reduced
Beaumont Financial Advisors, LLC12,845$241.7K0.02%+321+2.6%Added
Fulton Bank, N.A.12,817$241.2K0.01%00.0%Unchanged
Hudson Bay Capital Management LP12,580$236.8K0.00%+12,580New
Evergreen Capital Management LLC12,504$235.3K0.01%+12,504New
Sunbelt Securities, Inc.12,487$235.0K0.02%+14+0.1%Added
Catalyst Funds Management Pty Ltd12,482$234.9K0.05%+12,482New
FourThought Financial Partners, LLC12,436$234.0K0.02%−599−4.6%Reduced
Keystone Financial Group12,198$229.6K0.02%00.0%Unchanged
WealthBridge Capital Management, LLC12,000$225.8K0.05%00.0%Unchanged
PharVision Advisers, LLC11,918$224.3K0.11%+11,918New
Baker Avenue Asset Management, LP11,896$223.9K0.01%+881+8.0%Added
TrueMark Investments, LLC11,717$220.5K0.04%+11,717New
Mackenzie Financial Corp11,745$220.3K0.00%+303+2.6%Added
Universal- Beteiligungs- und Servicegesellschaft mbH11,548$217.3K0.00%00.0%Unchanged
Advisory Services Network, LLC11,527$216.9K0.00%−5,780−33.4%Reduced
Snowden Capital Advisors LLC11,436$215.2K0.01%−1,176−9.3%Reduced
ORG Partners LLC11,425$215.0K0.04%00.0%Unchanged
ARGA Investment Management, LP11,223$211.2K0.01%00.0%Unchanged
Anfield Capital Management, LLC10,828$203.8K0.06%00.0%Unchanged
Campbell & CO Investment Adviser LLC10,756$202.4K0.01%−50,642−82.5%Reduced
Brookstone Capital Management10,748$202.3K0.00%−2,095−16.3%Reduced
Principal Securities, Inc.10,722$201.8K0.00%+2,080+24.1%Added
SageGuard Financial Group, LLC10,705$201.5K0.03%+10,705New
Occudo Quantitative Strategies LP10,387$195.5K0.01%−99−0.9%Reduced
Calton & Associates, Inc.10,379$195.3K0.03%+10,379New
O'Shaughnessy Asset Management, LLC10,373$195.2K0.00%+10,373New
Grimes & Company, Inc.10,347$194.7K0.00%+10,347New
Diversified Enterprises, LLC10,312$194.1K0.01%00.0%Unchanged
Intrua Financial, LLC10,197$191.9K0.02%+10,197New
Triumph Capital Management9,605$180.8K0.04%+9,605New
IFP Advisors, Inc9,138$172.0K0.00%+97+1.1%Added
Jones Financial Companies LLLP8,490$159.8K0.00%+792+10.3%Added
Key Capital Management, INC8,343$157.0K0.16%+8,343New
Federation des caisses Desjardins du Quebec8,075$151.9K0.00%−2,500−23.6%Reduced
State of Alaska, Department of Revenue7,821$147.0K0.00%+321+4.3%Added
Leonteq Securities AG7,500$141.2K0.01%00.0%Unchanged
Bayforest Capital Ltd7,241$136.3K0.10%+7,241New
Cedar Wealth Management, LLC6,559$123.4K0.04%−2,400−26.8%Reduced
Ameriflex Group, Inc.6,549$123.3K0.06%+6,549New
Geneos Wealth Management Inc.6,475$121.9K0.00%00.0%Unchanged
Annis Gardner Whiting Capital Advisors, LLC6,055$114.0K0.02%−650−9.7%Reduced
Huntington National Bank5,784$108.9K0.00%00.0%Unchanged
Allworth Financial LP5,713$107.5K0.00%−939−14.1%Reduced
Signaturefd, LLC5,672$106.7K0.00%+824+17.0%Added
Chilton Capital Management LLC5,500$103.5K0.00%−3,405−38.2%Reduced
Armstrong Advisory Group, Inc5,261$99.0K0.01%+2,424+85.4%Added
CX Institutional5,094$96.0K0.00%−16,763−76.7%Reduced
MAI Capital Management5,024$94.5K0.00%00.0%Unchanged
Caldwell Sutter Capital, Inc.4,586$86.3K0.04%+445+10.7%Added
Garton & Associates Financial Advisors LLC4,265$80.3K0.04%+4,265New
Advocate Investing Services LLC4,240$79.8K0.07%+4,240New
Ronald Blue Trust, Inc.4,020$75.7K0.00%+20+0.5%Added
Tradewinds Capital Management, LLC3,893$73.3K0.02%+87+2.3%Added
Brown, Lisle/Cummings, Inc.3,811$71.7K0.02%00.0%Unchanged
Security National Bank3,508$66.0K0.01%−845−19.4%Reduced
Kozak & Associates, Inc.3,515$65.3K0.01%+78+2.3%Added
Private Trust Co NA3,381$63.6K0.01%00.0%Unchanged
EverSource Wealth Advisors, LLC3,322$62.5K0.00%+3,000+931.7%Added
ZRC Wealth Management, LLC3,181$59.9K0.02%+70+2.3%Added
Sankala Group LLC4,023$57.2K0.05%+4,023New
WFA of San Diego, LLC3,000$56.5K0.04%00.0%Unchanged
Jefferies Financial Group Inc.2,977$56.0K0.00%+1,585+113.9%Added
MTM Investment Management, LLC2,900$54.6K0.02%00.0%Unchanged
Whittier Trust Co of Nevada Inc2,844$52.9K0.00%+2,844New
Bank Julius Baer & Co. Ltd, Zurich2,811$52.9K0.00%+71+2.6%Added
Harbour Investments, Inc.2,806$52.8K0.00%−1,160−29.2%Reduced
Nomura Asset Management Co Ltd2,806$52.8K0.00%−11,351−80.2%Reduced
Hollencrest Capital Management2,522$47.5K0.00%00.0%Unchanged
Estabrook Capital Management2,397$45.1K0.01%+395+19.7%Added
Delta Asset Management LLC2,221$41.8K0.00%−30−1.3%Reduced
Archer Investment Corp2,038$38.4K0.01%+3+0.1%Added
Optiver Holding B.V.2,020$38.0K0.00%00.0%Unchanged
Atlantic Union Bankshares Corp2,017$38.0K0.00%00.0%Unchanged
Orion Capital Management LLC2,000$37.6K0.01%00.0%Unchanged
Clear Street Markets LLC2,000$37.6K0.01%+1,400+233.3%Added
Northwestern Mutual Wealth Management Co1,884$35.5K0.00%+1,000+113.1%Added