Horizon Technology Finance
HRZN
35 hedge funds and large institutions have $17.7M invested in Horizon Technology Finance in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 8 closing their positions.
2.64% less ownership
Funds ownership: 17.4% → 14.75% (-2.6%)
13% less funds holding
Funds holding: 40 → 35 (-5)
22% less capital invested
Capital invested by funds: $22.5M → $17.7M (-$4.84M)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$219K |
| 2 |
SCM
Shelton Capital Management
Denver,
Colorado
|
+$151K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$79.7K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$60.6K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.09M |
| 2 |
Morgan Stanley
New York
|
-$788K |
| 3 |
WFI
West Family Investments
Carlsbad,
California
|
-$658K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$507K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$330K |
HRZN Hedge Fund Activity: Q1 2018 in Review
35 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q1 2018, worth a combined $17.7M — down 22% from $22.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HRZN and 3 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Macquarie Group, adding an estimated $219K. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $1.09M sold.
- 35 institutional investors held Horizon Technology Finance (HRZN) as of Q1 2018, down from 40 in Q4 2017.
- Funds reported $17.7M of Horizon Technology Finance stock for Q1 2018, down 22% quarter-over-quarter.
- 3 funds opened new Horizon Technology Finance positions in Q1 2018 and 8 closed out, a net change of -5 holders.
- The largest Horizon Technology Finance buyer in Q1 2018 was Macquarie Group, an estimated $219K added.
- The largest Horizon Technology Finance seller in Q1 2018 was Hillsdale Investment Management, an estimated $1.09M sold.
Based on aggregated 13F filings for Q1 2018.