Confluence Investment Management’s Horizon Technology Finance HRZN Stock Holding History

Confluence Investment Management’s Portfolio HRZN Stock Details HRZN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-179,012	Closed	-$2.18M	–	229
2016 Q2	$2.18M	Hold	179,012	–	–	0.06%	164
2016 Q1	$2.08M	Hold	179,012	–	–	0.06%	166
2015 Q4	$2.1M	Sell	179,012 -80,057	-31%	-$879K	0.07%	161
2015 Q3	$2.35M	Sell	259,069 -460	-0.2%	-$4.96K	0.09%	158
2015 Q2	$3.29M	Sell	259,529 -15,516	-6%	-$214K	0.12%	141
2015 Q1	$3.8M	Sell	275,045 -9,924	-3%	-$139K	0.14%	136
2014 Q4	$3.99M	Sell	284,969 -31,136	-10%	-$433K	0.16%	124
2014 Q3	$4.25M	Sell	316,105 -16,085	-5%	-$228K	0.19%	117
2014 Q2	$4.86M	Buy	332,190 +11,596	+4%	+$157K	0.22%	110
2014 Q1	$4.01M	Sell	320,594 -11,600	-3%	-$162K	0.2%	120
2013 Q4	$4.72M	Hold	332,194	–	–	0.26%	84
2013 Q3	$4.42M	Hold	332,194	–	–	0.27%	86
2013 Q2	$4.56M	Buy	+332,194	New	+$4.68M	0.31%	82

Other funds holding HRZN

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

WFI

West Family Investments Carlsbad, California $285M AUM 30.42% 1-Year Est. Return

Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return

Two Sigma Investments New York $124B AUM 33.93% 1-Year Est. Return

LTFS

Ladenburg Thalmann Financial Services Miami, Florida $15.9B AUM 25.16% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Confluence Investment Management's HRZN Position: Q3 2016 in Review

Confluence Investment Management sold out of Horizon Technology Finance (HRZN) in Q3 2016, closing a stake of 179,012 shares — an estimated $2.18M sold.

Confluence Investment Management first reported a position in HRZN in Q2 2013 and held it in 13 quarters. The position peaked at $4.86M in Q2 2014. 39 funds tracked by Wall St. Rank hold HRZN as of Q3 2016.

Confluence Investment Management reported no remaining Horizon Technology Finance position as of Q3 2016 after selling out during the quarter.
Confluence Investment Management sold 179,012 Horizon Technology Finance shares in Q3 2016, an estimated $2.18M.
Confluence Investment Management first reported a position in Horizon Technology Finance in Q2 2013 and held it in 13 quarters.
Confluence Investment Management's Horizon Technology Finance position peaked at $4.86M in Q2 2014.
39 funds tracked by Wall St. Rank held Horizon Technology Finance as of Q3 2016.

Based on Confluence Investment Management's 13F filing for Q3 2016, filed 4 Nov 2016.