Horizon Technology Finance
HRZN
33 hedge funds and large institutions have $21.3M invested in Horizon Technology Finance in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 5 closing their positions.
63% more call options, than puts
Call options by funds: $246K | Put options by funds: $151K
1.1% less ownership
Funds ownership: 18.4% → 17.29% (-1.1%)
6% less funds holding
Funds holding: 35 → 33 (-2)
12% less capital invested
Capital invested by funds: $24.1M → $21.3M (-$2.79M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$297K |
| 2 |
SCM
Shelton Capital Management
Denver,
Colorado
|
+$240K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$137K |
| 4 |
Morgan Stanley
New York
|
+$75.4K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$73.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WFI
West Family Investments
Carlsbad,
California
|
-$919K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$407K |
| 3 |
Two Sigma Investments
New York
|
-$201K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$136K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$121K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $17K | – | – | – |
|
|
FDCDDQ
27
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $11.1K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $11K | +$10.9K | +1,000 | New |
|
|
HI
29
Hudock Inc
Williamsport,
Pennsylvania
| $4K | – | – | – |
|
|
CG
30
Cutler Group
San Francisco,
California
| $1K | -$42.2K | -3,868 | -97% |
|
31
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | -$3.19K | -292 | -75% |
|
32
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
WFI
33
West Family Investments
Carlsbad,
California
| $827 | -$919K | -84,158 | -53% |
|
|
ICOA
34
Investment Centers of America
Bismarck,
North Dakota
| – | -$136K | -11,959 | Closed |
|
35
Citigroup
New York
| – | -$11K | -1,000 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$8K | -708 | Closed |
|
37
Creative Planning
Overland Park,
Kansas
| – | -$6K | -500 | Closed |
|
|
BC
38
Bartlett & Co
Cincinnati,
Ohio
| – | -$1K | -100 | Closed |
|
HRZN Hedge Fund Activity: Q3 2017 in Review
33 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q3 2017, worth a combined $21.3M — down 12% from $24.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HRZN and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 8 added.
The largest buyer was Advisors Asset Management, adding an estimated $297K. The largest seller was West Family Investments, cutting an estimated $919K.
- 33 institutional investors held Horizon Technology Finance (HRZN) as of Q3 2017, down from 35 in Q2 2017.
- Funds reported $21.3M of Horizon Technology Finance stock for Q3 2017, down 12% quarter-over-quarter.
- 4 funds opened new Horizon Technology Finance positions in Q3 2017 and 5 closed out, a net change of -1 holder.
- The largest Horizon Technology Finance buyer in Q3 2017 was Advisors Asset Management, an estimated $297K added.
- The largest Horizon Technology Finance seller in Q3 2017 was West Family Investments, an estimated $919K sold.
Based on aggregated 13F filings for Q3 2017.