TriplePoint Venture Growth BDC Corp. is an externally-managed business development company focused on providing customized debt financing with warrants and direct equity investments to venture growth stage companies in technology and other high growth industries backed by a select group of venture capital firms. The Company’s sponsor, TriplePoint Capital, is a Sand Hill Road-based global investment platform which provides customized debt financing, leasing, direct equity investments and other complementary solutions to venture capital-backed companies in technology and other high growth industries at every stage of their development with unparalleled levels of creativity, flexibility and service. For more information about TriplePoint Venture Growth BDC Corp., visit https://www.tpvg.com. For more information about TriplePoint Capital, visit https://www.triplepointcapital.com.
Company profile
Ticker
TPVG
Exchange
Website
CEO
James Labe
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Corporate docs
Subsidiaries
TPVG Investment LLC • TPVG Variable Funding Company LLC ...
TPVG stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
19 Apr 24
DEFA14A
Additional proxy soliciting materials
8 Mar 24
DEF 14A
Definitive proxy
8 Mar 24
10-K
2023 FY
Annual report
6 Mar 24
8-K
TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
6 Mar 24
CORRESP
Correspondence with SEC
9 Feb 24
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
TriplePoint Venture Growth BDC Corp. Announces Third Quarter 2023 Financial Results
1 Nov 23
8-K
Regulation FD Disclosure
23 Aug 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
Transcripts
TPVG
Earnings call transcript
2023 Q4
6 Mar 24
TPVG
Earnings call transcript
2023 Q3
1 Nov 23
TPVG
Earnings call transcript
2023 Q2
2 Aug 23
TPVG
Earnings call transcript
2023 Q1
3 May 23
TPVG
Earnings call transcript
2022 Q4
1 Mar 23
TPVG
Earnings call transcript
2022 Q3
2 Nov 22
TPVG
Earnings call transcript
2022 Q2
4 Aug 22
TPVG
Earnings call transcript
2022 Q1
5 May 22
TPVG
Earnings call transcript
2021 Q4
2 Mar 22
TPVG
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
4
Katherine J Park
18 Mar 24
4
Stephen Cassani
13 Mar 24
4
Cynthia M. Fornelli
19 Dec 23
4
Katherine J Park
13 Nov 23
4
Cynthia M. Fornelli
20 Dec 22
4
Kimberley H Vogel
20 Dec 22
4
Christopher M. Mathieu
12 Sep 22
4
Cynthia M. Fornelli
12 Sep 22
4
Christopher M. Mathieu
21 Jun 22
4
Cynthia M. Fornelli
10 Jun 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 122.46 mm | 122.46 mm | 122.46 mm | 122.46 mm | 122.46 mm | 122.46 mm |
Cash burn (monthly) | (no burn) | (no burn) | 7.90 mm | 3.47 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 53.74 mm | 23.60 mm | n/a | n/a |
Cash remaining | n/a | n/a | 68.72 mm | 98.86 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 8.7 | 28.5 | n/a | n/a |
Institutional ownership, Q3 2023
12.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 83 |
Opened positions | 14 |
Closed positions | 10 |
Increased positions | 38 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 43.38 bn |
Total shares | 4.79 mm |
Total puts | 158.40 k |
Total calls | 186.50 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
IVZ Invesco | 992.51 k | $10.38 bn |
Van Eck Associates | 587.61 k | $6.15 mm |
LGEN Legal & General | 258.08 k | $2.70 bn |
Advisors Asset Management | 233.69 k | $2.44 bn |
AMP Ameriprise Financial | 203.35 k | $2.13 bn |
MS Morgan Stanley | 156.79 k | $1.64 bn |
WFC Wells Fargo & Co. | 146.97 k | $1.54 bn |
Golden Green | 143.51 k | $1.50 bn |
Confluence Investment Management | 127.15 k | $1.33 bn |
Claybrook Capital | 121.24 k | $1.27 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Katherine J Park | Common Stock | Buy | Acquire P | No | No | 9.35 | 2,500 | 23.38 k | 5,000 |
12 Mar 24 | Cassani Stephen | Common Stock | Buy | Acquire P | No | No | 9.9 | 500 | 4.95 k | 6,200 |
11 Mar 24 | Cassani Stephen | Common Stock | Buy | Acquire P | No | No | 9.99 | 1,103 | 11.02 k | 5,700 |
18 Dec 23 | Fornelli Cynthia M. | Common Stock | Buy | Acquire P | No | No | 10.47 | 1,000 | 10.47 k | 8,822.16 |
9 Nov 23 | Katherine J Park | Common Stock | Buy | Acquire P | No | No | 10.17 | 2,480 | 25.22 k | 2,500 |
8 Nov 23 | Katherine J Park | Common Stock | Buy | Acquire P | No | No | 10.1505 | 20 | 203.01 | 20 |
19 Dec 22 | Fornelli Cynthia M. | Common Stock | Buy | Acquire P | No | No | 11.15 | 1,000 | 11.15 k | 6,733.405 |
News
Compass Point Upgrades TriplePoint Venture Gwth to Neutral, Announces $8.75 Price Target
22 Mar 24
Why HighPeak Energy Shares Are Trading Lower By 15%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
7 Mar 24
Compass Point Downgrades TriplePoint Venture Gwth to Sell, Announces $8.75 Price Target
7 Mar 24
Keefe, Bruyette & Woods Maintains Underperform on TriplePoint Venture Gwth, Lowers Price Target to $9
7 Mar 24
Piper Sandler Maintains Neutral on TriplePoint Venture Gwth, Lowers Price Target to $10
7 Mar 24
Press releases
TriplePoint Venture Growth BDC Corp. to Announce 2024 First Quarter Financial Results on Wednesday, May 1, 2024
17 Apr 24
TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
6 Mar 24
TriplePoint Venture Growth BDC Corp. to Announce 2023 Fourth Quarter and Fiscal Year Financial Results on Wednesday, March 6, 2024
21 Feb 24