Horizon Technology Finance
HRZN
31 hedge funds and large institutions have $16M invested in Horizon Technology Finance in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 8 closing their positions.
0.98% less ownership
Funds ownership: 14.75% → 13.78% (-0.98%)
9% less capital invested
Capital invested by funds: $17.7M → $16M (-$1.63M)
11% less funds holding
Funds holding: 35 → 31 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
92% less call options, than puts
Call options by funds: $10K | Put options by funds: $119K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
+$489K |
| 2 |
Two Sigma Investments
New York
|
+$385K |
| 3 |
D.E. Shaw & Co
New York
|
+$294K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$124K |
| 5 |
JP Morgan Chase
New York
|
+$29.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$731K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$286K |
| 3 |
NFA
Nuveen Fund Advisors
Chicago,
Illinois
|
-$247K |
| 4 |
Millennium Management
New York
|
-$244K |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$225K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $10K | – | – | – |
|
27
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $7K | – | – | – |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $5K | – | – | – |
|
|
RCAG
29
Rehmann Capital Advisory Group
Lansing,
Michigan
| $4.42K | +$4.47K | +438 | New |
|
30
Citigroup
New York
| $3K | – | – | – |
|
|
31
Millennium Management
New York
| – | -$244K | -23,453 | Closed |
|
|
KA
32
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$225K | -21,643 | Closed |
|
|
ICA
33
Infrastructure Capital Advisors
New York
| – | -$172K | -16,540 | Closed |
|
|
HI
34
Horizon Investments
Charlotte,
North Carolina
| – | -$112K | -10,803 | Closed |
|
|
FFS
35
Founders Financial Securities
Towson,
Maryland
| – | -$110K | -10,543 | Closed |
|
|
WAS
36
WESPAC Advisors SoCal
Pasadena,
California
| – | -$7K | -725 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$6K | -622 | Closed |
|
|
RFC
38
Regions Financial Corp
Birmingham,
Alabama
| – | -$2K | -200 | Closed |
|
|
SPIA
39
Steward Partners Investment Advisory
New York
| – | +$133 | +13 | New |
|
HRZN Hedge Fund Activity: Q2 2018 in Review
31 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q2 2018, worth a combined $16M — down 9.3% from $17.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HRZN and 4 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 4 added.
The largest buyer was Two Sigma Advisers, adding an estimated $489K. The largest seller was Advisors Asset Management, cutting an estimated $731K.
- 31 institutional investors held Horizon Technology Finance (HRZN) as of Q2 2018, down from 35 in Q1 2018.
- Funds reported $16M of Horizon Technology Finance stock for Q2 2018, down 9.3% quarter-over-quarter.
- 4 funds opened new Horizon Technology Finance positions in Q2 2018 and 8 closed out, a net change of -4 holders.
- The largest Horizon Technology Finance buyer in Q2 2018 was Two Sigma Advisers, an estimated $489K added.
- The largest Horizon Technology Finance seller in Q2 2018 was Advisors Asset Management, an estimated $731K sold.
Based on aggregated 13F filings for Q2 2018.