Scott Black's HTGC Position Overview
Scott Black (via Delphi Management INC /Ma/) currently holds 78,512 shares of Hercules Capital, Inc. (HTGC) worth $1.48 M, representing 1.44% of the portfolio. First purchased in 2018-Q2, this long-term strategic position has been held for 31 quarters.
Based on 13F filings, Scott Black has maintained a strategic position in HTGC, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2018, adding 70,760 shares. Largest reduction occurred in Q2 2019, reducing 35,021 shares.
Analysis based on 13F filings available since 2013 Q2
Scott Black's Hercules Capital (HTGC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Hercules Capital (HTGC) Trades by Scott Black
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +3,818 | Add 5.11% | 78,512 | $18.83 |
| Q3 2025 | -1,761 | Reduce 2.30% | 74,694 | $18.90 |
| Q2 2025 | +3,885 | Add 5.35% | 76,455 | $18.29 |
| Q1 2025 | -4,856 | Reduce 6.27% | 72,570 | $19.21 |
| Q4 2024 | +2,360 | Add 3.14% | 77,426 | $20.08 |
| Q3 2024 | -21,725 | Reduce 22.45% | 75,066 | $19.64 |
| Q2 2024 | -659 | Reduce 0.68% | 96,791 | $20.45 |
| Q1 2024 | +5,479 | Add 5.96% | 97,450 | $18.45 |
| Q4 2023 | +5,140 | Add 5.92% | 91,971 | $16.67 |
| Q3 2023 | -1,987 | Reduce 2.24% | 86,831 | $16.42 |
| Q2 2023 | +88,819 | Add 0.00% | 88,818 | $14.81 |
| Q4 2022 | +86,246 | Add 0.00% | 86,245 | $13.22 |
| Q4 2021 | +1,318 | Add 1.62% | 82,500 | $16.59 |
| Q3 2021 | -1,102 | Reduce 1.34% | 81,182 | $16.60 |
| Q2 2021 | -549 | Reduce 0.66% | 82,284 | $17.06 |
| Q1 2021 | +82,834 | Add 0.00% | 82,833 | $16.03 |
| Q3 2019 | -4,462 | Reduce 4.42% | 96,487 | $13.37 |
| Q2 2019 | -35,021 | Reduce 25.76% | 100,949 | $12.82 |
| Q1 2019 | -32,887 | Reduce 19.48% | 135,970 | $12.66 |
| Q4 2018 | +70,760 | Add 72.13% | 168,857 | $11.05 |
| Q3 2018 | +67,681 | Add 222.52% | 98,097 | $13.16 |
| Q2 2018 | +30,416 | New Buy | 30,416 | $13.51 |
Scott Black's Hercules Capital Investment FAQs
Scott Black first purchased Hercules Capital, Inc. (HTGC) in Q2 2018, acquiring 30,416 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Scott Black has held Hercules Capital, Inc. (HTGC) for 31 quarters since Q2 2018.
Scott Black's largest addition to Hercules Capital, Inc. (HTGC) was in Q2 2023, adding 88,818 shares worth $1.32 M.
According to the latest 13F filing for Q4 2025, Scott Black's firm, Delphi Management INC /Ma/, owns 78,512 shares of Hercules Capital, Inc. (HTGC), valued at approximately $1.48 M.
As of the Q4 2025 filing, Hercules Capital, Inc. (HTGC) represents approximately 1.44% of Scott Black's publicly disclosed stock portfolio, making it one of their key holdings.
Scott Black's peak holding in Hercules Capital, Inc. (HTGC) was 168,857 shares, as reported at the end of Q4 2018.