Hercules Capital, Inc.
US ˙ NYSE ˙ US4270965084

SecurityHTGC / Hercules Capital, Inc.
InstitutionBlackRock, Inc.
Latest Disclosed Ownership855,052 shares
Latest Disclosed Value $ 12,629,125
BlackRock, Inc. reports 35.86% decrease in ownership of HTGC / Hercules Capital, Inc.

On May 13, 2026 - BlackRock, Inc. filed a 13F-HR form disclosing ownership of 855,052 shares of Hercules Capital, Inc. (US:HTGC) valued at $12,629,118 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 1,333,016 shares of Hercules Capital, Inc.. This represents a change in shares of -35.86% during the quarter. The current value of the position is $13,313,160 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)
2026-05-13 2026-03-31 13F HERCULES CAPITAL COM 427096508 855,052 -477,964 -35.86 12,629 -49.66 0.0000
2026-02-12 2025-12-31 13F HERCULES CAPITAL COM 427096508 1,333,016 -6,021 -0.45 25,087 -0.92 0.0004
2025-11-12 2025-09-30 13F HERCULES CAPITAL COM 427096508 1,339,037 272,219 25.52 25,321 29.84 0.0004
2025-08-12 2025-06-30 13F HERCULES CAPITAL COM 427096508 1,066,818 184,519 20.91 19,501 15.06 0.0004
2025-05-02 2025-03-31 13F HERCULES CAPITAL COM 427096508 882,299 24,784 2.89 16,949 -1.62 0.0004
2025-02-07 2024-12-31 13F HERCULES CAPITAL COM 427096508 857,515 154,163 21.92 17,227 24.72 0.0003
2024-11-13 2024-09-30 13F HERCULES CAPITAL COM 427096508 703,352 51,408 7.89 13,814 3.61 0.0003
2024-08-13 2024-06-30 13F HERCULES CAPITAL COM 427096508 651,944 24,496 3.90 13,332 15.17 0.0003
2024-05-10 2024-03-31 13F HERCULES CAPITAL COM 427096508 627,448 -14,560 -2.27 11,576 8.17 0.0003
2024-02-13 2023-12-31 13F HERCULES CAPITAL COM 427096508 642,008 3,504 0.55 10,702 2.08 0.0003
2023-11-13 2023-09-30 13F HERCULES CAPITAL COM 427096508 638,504 -151,530 -19.18 10,484 -10.33 0.0003
2023-08-11 2023-06-30 13F HERCULES CAPITAL COM 427096508 790,034 -38,167 -4.61 11,693 9.53 0.0003
2023-05-12 2023-03-31 13F HERCULES CAPITAL COM 427096508 828,201 -221,600 -21.11 10,676 -23.08 0.0003
2023-02-13 2022-12-31 13F HERCULES CAPITAL COM 427096508 1,049,801 35,077 3.46 13,878 18.11 0.0004
2022-11-14 2022-09-30 13F HERCULES CAPITAL COM 427096508 1,014,724 158,616 18.53 11,750 1.74 0.0004
2022-08-12 2022-06-30 13F HERCULES CAPITAL COM 427096508 856,108 97,836 12.90 11,549 -15.71 0.0004
2022-05-12 2022-03-31 13F HERCULES CAPITAL COM 427096508 758,272 -241,880 -24.18 13,702 -17.42 0.0004
2022-02-10 2021-12-31 13F HERCULES CAPITAL COM 427096508 1,000,152 68,483 7.35 16,593 7.22 0.0004
2021-11-09 2021-09-30 13F HERCULES CAPITAL COM 427096508 931,669 170,156 22.34 15,475 19.12 0.0004
2021-08-11 2021-06-30 13F HERCULES CAPITAL COM 427096508 761,513 69,002 9.96 12,991 17.03 0.0004
2021-05-07 2021-03-31 13F HERCULES CAPITAL COM 427096508 692,511 -133,645 -16.18 11,101 -6.82 0.0003
2021-02-05 2020-12-31 13F HERCULES CAPITAL COM 427096508 826,156 13,555 1.67 11,913 26.71 0.0004
2020-11-06 2020-09-30 13F HERCULES CAPITAL COM 427096508 812,601 154,909 23.55 9,402 36.54 0.0003
2020-08-14 2020-06-30 13F HERCULES CAPITAL COM 427096508 657,692 62,436 10.49 6,886 51.41 0.0003
2020-05-01 2020-03-31 13F HERCULES CAPITAL COM 427096508 595,256 12,262 2.10 4,548 -44.36 0.0002
2020-02-13 2019-12-31 13F HERCULES CAPITAL COM 427096508 582,994 22,008 3.92 8,174 8.99 0.0003
2019-11-08 2019-09-30 13F HERCULES CAPITAL COM 427096508 560,986 126,929 29.24 7,500 34.77 0.0003
2019-08-22 2019-06-30 13F/A-1 HERCULES CAPITAL COM 427096508 434,057 -24,339 -5.31 5,565 -4.10 0.0002
2019-08-13 2019-06-30 13F HERCULES CAPITAL COM 427096508 434,057 -24,339 5,565
2019-05-09 2019-03-31 13F HERCULES CAPITAL COM 427096508 458,396 21,696 4.97 5,803 20.24 0.0003
2019-02-08 2018-12-31 13F HERCULES CAPITAL COM 427096508 436,700 -23,000 -5.00 4,826 -20.23 0.0002
2018-11-09 2018-09-30 13F HERCULES CAPITAL COM 427096508 459,700 83,909 22.33 6,050 27.26 0.0003
2018-08-09 2018-06-30 13F HERCULES CAPITAL COM 427096508 375,791 -87,968 -18.97 4,754 -15.27 0.0002
2018-05-09 2018-03-31 13F HERCULES CAPITAL COM 427096508 463,759 -61,814 -11.76 5,611 -18.63 0.0003
2018-02-09 2017-12-31 13F HERCULES CAPITAL COM 427096508 525,573 37,919 7.78 6,896 9.62 0.0003
2017-11-14 2017-09-30 13F HERCULES CAPITAL COM 427096508 487,654 -76,662 -13.58 6,291 -15.81 0.0003
2017-08-10 2017-06-30 13F HERCULES CAPITAL COM 427096508 564,316 -115,191 -16.95 7,472 -27.32 0.0004
2017-05-12 2017-03-31 13F HERCULES CAPITAL COM 427096508 679,507 677,347 31,358.66 10,281 33,064.52 0.0006
2014-05-02 2014-03-31 13F HERCULES TECH GROWTH CAP COM 427096508 2,160 0 0.00 31 -11.43 0.0001
2014-02-12 2013-12-31 13F HERCULES TECH GROWTH CAP COM 427096508 2,160 0 0.00 35 9.38 0.0001
2013-11-12 2013-09-30 13F HERCULES TECH GROWTH CAP COM 427096508 2,160 0 0.00 32 6.67 0.0001
2013-08-13 2013-06-30 13F HERCULES TECH GROWTH CAP COM 427096508 2,160 2,160 30 0.0001
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.