Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in TCPC held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Next Capital Management LLC | 3.0M | $11.0M | +13.6% | 3.635% | 3.33% |
| 2 | Invesco Ltd. | 2.4M | $8.6M | 0.0% | 2.831% | 0.00% |
| 3 | UBS Group AG | 2.2M | $8.0M | +40.6% | 2.633% | 0.00% |
| 4 | TRANSCEND WEALTH COLLECTIVE, LLC | 1.3M | $4.7M | +10.3% | 1.545% | 0.37% |
| 5 | North Ground Capital | 850K | $3.1M | +7.9% | 1.013% | 3.70% |
| 6 | VICTORY CAPITAL MANAGEMENT INC | 838K | $3.0M | β | 0.999% | 0.00% |
| 7 | MORGAN STANLEY | 760K | $2.7M | -3.2% | 0.906% | 0.00% |
| 8 | TWO SIGMA INVESTMENTS, LP | 691K | $2.5M | -38.8% | 0.823% | 0.00% |
| 9 | Legal & General Group Plc | 666K | $2.4M | +9.8% | 0.793% | 0.00% |
| 10 | BARINGS LLC | 565K | $2.0M | +4.5% | 0.673% | 0.03% |
| 11 | ARES MANAGEMENT LLC | 545K | $2.0M | β | 0.649% | 0.13% |
| 12 | BlackRock, Inc. | 453K | $1.6M | -25.1% | 0.540% | 0.00% |
| 13 | Callodine Capital Management, LP | 378K | $1.4M | β | 0.450% | 0.10% |
| 14 | FRANKLIN RESOURCES INC | 358K | $1.3M | β | 0.426% | 0.00% |
| 15 | Muzinich & Co., Inc. | 280K | $1.0M | 0.0% | 0.333% | 0.35% |
| 16 | Sumitomo Mitsui Trust Holdings, Inc. | 280K | $1.0M | 0.0% | 0.333% | 0.00% |
| 17 | GatePass Capital, LLC | 277K | $1.0M | β | 0.330% | 0.48% |
| 18 | Virtus Investment Advisers, Inc. | 247K | $893K | +16.5% | 0.295% | 0.25% |
| 19 | LOOMIS SAYLES & CO L P | 245K | $884K | 0.0% | 0.292% | 0.00% |
| 20 | Squarepoint Ops LLC | 145K | $522K | +78.2% | 0.172% | 0.00% |
| 21 | Ethos Financial Group, LLC | 91K | $495K | 0.0% | 0.108% | 0.04% |
| 22 | BANK OF AMERICA CORP /DE/ | 121K | $436K | +31.4% | 0.144% | 0.00% |
| 23 | LPL Financial LLC | 114K | $411K | -35.1% | 0.136% | 0.00% |
| 24 | INDEPENDENT FINANCIAL GROUP, LLC | 47K | $375K | β | 0.056% | 0.00% |
| 25 | Sunbelt Securities, Inc. | 102K | $368K | +10.1% | 0.121% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in TCPC β a direct measure of their conviction.
Filings activity in TCPC during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 116 | 7.9% | 21.62% | 9.13 pp | $69M | 30% |
| Q4 2025 | 126 | 7.4% | 30.75% | 3.27 pp | $98M | 9.6% |
| Q3 2025 | 136 | +4.6% | 34.02% | 2.69 pp | $108M | 7.3% |
| Q2 2025 | 130 | 7.1% | 36.71% | 7.21 pp | $117M | 16% |
| Q1 2025 | 140 | 6.0% | 43.92% | +2.66 pp | $140M | +6.4% |
| Q4 2024 | 149 | +5.7% | 41.26% | +6.52 pp | $131M | +19% |
| Q3 2024 | 141 | +6.0% | 34.74% | 11.59 pp | $110M | 25% |
| Q2 2024 | 133 | β | 46.33% | β | $147M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying TCPC stock.
Based on Q1 2026 13F filings, institutional ownership of BlackRock TCP Capital Corp. stands at 21.6%, held across 116 reporting institutions.
Next Capital Management LLC is the largest reported institutional holder of TCPC, with approximately 3,049,547 shares worth $0.01B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of TCPC, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for TCPC is 33 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
27 institutions opened new positions in TCPC during Q1 2026, while 37 fully exited. 6 added to existing positions and 82 trimmed.
TCPC institutional ownership fell by 9.13 percentage points quarter-over-quarter, with a net change of -10 holders.
The top 10 institutions account for 69.9% of all reported 13F value in TCPC, and the top 25 account for 89.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
BlackRock TCP Capital Corp. (TCPC) Institutional Ownership