Hercules Capital, Inc.
US ˙ NYSE ˙ US4270965084

SecurityHTGC / Hercules Capital, Inc.
InstitutionVan Eck Associates Corp
Latest Disclosed Ownership3,163,981 shares
Latest Disclosed Value $ 46,732
Van Eck Associates Corp reports 8.51% decrease in ownership of HTGC / Hercules Capital, Inc.

On May 15, 2026 - Van Eck Associates Corp filed a 13F-HR form disclosing ownership of 3,163,981 shares of Hercules Capital, Inc. (US:HTGC) valued at $46,731,999 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 3,458,277 shares of Hercules Capital, Inc.. This represents a change in shares of -8.51% during the quarter. The current value of the position is $48,155,791 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F Hercules Capital COM 427096508 3,163,981 -294,296 -8.51 47 -29.23 0.0306
2026-02-13 2025-12-31 13F Hercules Capital COM 427096508 3,458,277 -188,907 -5.18 65 -4.41 0.0538
2025-11-13 2025-09-30 13F Hercules Capital COM 427096508 3,647,184 28,757 0.79 69 3.03 0.0641
2025-08-14 2025-06-30 13F Hercules Capital COM 427096508 3,618,427 255,028 7.58 66 3.13 0.0749
2025-05-15 2025-03-31 13F Hercules Capital COM 427096508 3,363,399 -75,048 -2.18 65 -7.25 0.0835
2025-01-29 2024-12-31 13F Hercules Capital COM 427096508 3,438,447 323,028 10.37 69 13.11 0.0884
2024-10-29 2024-09-30 13F Hercules Capital COM 427096508 3,115,419 290,579 10.29 62 7.02 0.0773
2024-07-31 2024-06-30 13F Hercules Capital COM 427096508 2,824,840 298,992 11.84 58 23.91 0.0821
2024-04-30 2024-03-31 13F Hercules Capital COM 427096508 2,525,848 111,101 4.60 47 15.00 0.0704
2024-02-05 2023-12-31 13F Hercules Capital COM 427096508 2,414,747 381,318 18.75 40 21.21 0.0732
2023-11-08 2023-09-30 13F Hercules Capital COM 427096508 2,033,429 116,684 6.09 33 17.86 0.0733
2023-08-03 2023-06-30 13F Hercules Capital COM 427096508 1,916,745 129,311 7.23 28 21.74 0.0621
2023-05-03 2023-03-31 13F Hercules Capital COM 427096508 1,787,434 18,198 1.03 23 0.00 0.0525
2023-02-08 2022-12-31 13F Hercules Capital COM 427096508 1,769,236 87,293 5.19 23 -99.88 0.0604
2022-10-27 2022-09-30 13F Hercules Capital COM 427096508 1,681,943 -98,967 -5.56 19,477 -18.93 0.0580
2022-08-03 2022-06-30 13F Hercules Capital COM 427096508 1,780,910 -91,012 -4.86 24,024 -28.98 0.0637
2022-05-10 2022-03-31 13F Hercules Capital COM 427096508 1,871,922 396,491 26.87 33,826 38.19 0.0698
2022-01-26 2021-12-31 13F Hercules Capital COM 427096508 1,475,431 156,336 11.85 24,478 11.72 0.0566
2021-11-03 2021-09-30 13F Hercules Capital COM 427096508 1,319,095 -51,623 -3.77 21,910 -6.30 0.0551
2021-08-10 2021-06-30 13F Hercules Capital COM 427096508 1,370,718 196,915 16.78 23,384 24.28 0.0553
2021-05-13 2021-03-31 13F Hercules Capital COM 427096508 1,173,803 105,224 9.85 18,816 22.11 0.0512
2021-02-09 2020-12-31 13F Hercules Capital COM 427096508 1,068,579 113,398 11.87 15,409 39.44 0.0449
2020-12-04 2020-09-30 13F/A-1 Hercules Capital COM 427096508 955,181 -8,113 -0.84 11,051 9.57 0.0352
2020-11-12 2020-09-30 13F Hercules Capital COM 427096508 955,181 -8,113 11,051 34,262.0113
2020-08-14 2020-06-30 13F/A-1 Hercules Capital COM 427096508 963,294 84,044 9.56 10,086 50.16 0.0351
2020-08-10 2020-06-30 13F Hercules Capital COM 427096508 963,294 84,044 10,086 34,264.6773
2020-05-12 2020-03-31 13F Hercules Capital COM 427096508 879,250 -19,558 -2.18 6,717 -46.69 0.0341
2020-02-13 2019-12-31 13F Hercules Capital COM 427096508 898,808 69,583 8.39 12,601 13.66 0.0487
2019-11-08 2019-09-30 13F Hercules Capital COM 427096508 829,225 5,870 0.71 11,087 5.04 0.0520
2019-08-07 2019-06-30 13F Hercules Capital COM 427096508 823,355 77,489 10.39 10,555 11.78 0.0508
2019-05-13 2019-03-31 13F Hercules Capital COM 427096508 745,866 7,912 1.07 9,443 15.81 0.0464
2019-02-12 2018-12-31 13F Hercules Capital COM 427096508 737,954 12,368 1.70 8,154 -14.61 0.0409
2018-11-13 2018-09-30 13F Hercules Capital COM 427096508 725,586 75,585 11.63 9,549 16.13 0.0466
2018-08-13 2018-06-30 13F Hercules Capital COM 427096508 650,001 20,257 3.22 8,223 7.91 0.0384
2018-05-11 2018-03-31 13F Hercules Capital COM 427096508 629,744 -5,433 -0.86 7,620 -8.57 0.0379
2018-02-12 2017-12-31 13F Hercules Capital COM 427096508 635,177 5,617 0.89 8,334 2.62 0.0411
2017-11-09 2017-09-30 13F Hercules Capital COM 427096508 629,560 -41,613 -6.20 8,121 -8.61 0.0415
2017-08-11 2017-06-30 13F Hercules Capital COM 427096508 671,173 87,399 14.97 8,886 0.60 0.0486
2017-05-11 2017-03-31 13F Hercules Capital COM 427096508 583,774 137,902 30.93 8,833 40.41 0.0389
2017-02-09 2016-12-31 13F Hercules Capital COM 427096508 445,872 81,575 22.39 6,291 27.35 0.0313
2016-11-14 2016-09-30 13F Hercules Capital COM 427096508 364,297 36,338 11.08 4,940 21.29 0.0230
2016-08-12 2016-06-30 13F Hercules Capital COM 427096508 327,959 31,063 10.46 4,073 14.22 0.0209
2016-05-13 2016-03-31 13F Hercules Capital COM 427096508 296,896 1,307 0.44 3,566 -1.03 0.0240
2016-02-12 2015-12-31 13F Hercules Technology Growth Capital COM 427096508 295,589 -18,760 -5.97 3,603 13.37 0.0286
2015-11-12 2015-09-30 13F Hercules Technology Growth Capital COM 427096508 314,349 27,028 9.41 3,178 -4.25 0.0244
2015-08-12 2015-06-30 13F Hercules Technology Growth Capital COM 427096508 287,321 65,759 29.68 3,319 11.11 0.0196
2015-05-14 2015-03-31 13F Hercules Technology Growth Capital COM 427096508 221,562 30,785 16.14 2,987 5.21 0.0172
2015-02-13 2014-12-31 13F Hercules Technology Growth Capital COM 427096508 190,777 49,732 35.26 2,839 39.17 0.0176
2014-11-14 2014-09-30 13F Hercules Technology Growth Capital COM 427096508 141,045 6,850 5.10 2,040 -5.95 0.0108
2014-08-14 2014-06-30 13F Hercules Technology Growth Capital COM 427096508 134,195 33,474 33.23 2,169 53.07 0.0100
2014-05-08 2014-03-31 13F HERCULES TECH GROWTH CAP COM 427096508 100,721 30,376 43.18 1,417 22.79 0.0070
2014-02-12 2013-12-31 13F HERCULES TECH GROWTH CAP COM 427096508 70,345 5,034 7.71 1,154 15.86 0.0058
2013-11-14 2013-09-30 13F HERCULES TECH GROWTH CAP COM 427096508 65,311 6,850 11.72 996 22.21 0.0051
2013-08-14 2013-06-30 13F HERCULES TECH GROWTH CAP COM 427096508 58,461 58,461 815 0.0044
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.