Horizon Technology Finance
HRZN
30 hedge funds and large institutions have $15M invested in Horizon Technology Finance in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 14 reducing their positions, and 5 closing their positions.
1,430% more call options, than puts
Call options by funds: $153K | Put options by funds: $10K
2.36% less ownership
Funds ownership: 13.78% → 11.42% (-2.4%)
3% less funds holding
Funds holding: 31 → 30 (-1)
6% less capital invested
Capital invested by funds: $16M → $15M (-$1M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
71% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$245K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$116K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$72.1K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$9.26K |
| 5 |
FGAM
Financial Gravity Asset Management
Lakeway,
Texas
|
+$8.89K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.07M |
| 2 |
Two Sigma Investments
New York
|
-$551K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$438K |
| 4 |
Two Sigma Advisers
New York
|
-$351K |
| 5 |
D.E. Shaw & Co
New York
|
-$290K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Hudock Inc
Williamsport,
Pennsylvania
| $8K | -$6.94K | -630 | -46% |
|
|
FGAM
27
Financial Gravity Asset Management
Lakeway,
Texas
| $8K | +$8.89K | +807 | New |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $6K | – | – | – |
|
|
RCAG
29
Rehmann Capital Advisory Group
Lansing,
Michigan
| $5K | – | – | – |
|
30
Simplex Trading
Chicago,
Illinois
| $2K | +$2.64K | +240 | New |
|
|
31
D.E. Shaw & Co
New York
| – | -$290K | -28,743 | Closed |
|
32
JP Morgan Chase
New York
| – | -$36K | -3,542 | Closed |
|
33
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$7K | -674 | Closed |
|
34
Citigroup
New York
| – | -$3K | -300 | Closed |
|
HRZN Hedge Fund Activity: Q3 2018 in Review
30 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q3 2018, worth a combined $15M — down 6.3% from $16M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HRZN and 4 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 4 added.
The largest buyer was Freedom Investment Management, opening a new position worth an estimated $245K. The largest seller was Bridgeway Capital Management, cutting an estimated $1.07M.
- 30 institutional investors held Horizon Technology Finance (HRZN) as of Q3 2018, down from 31 in Q2 2018.
- Funds reported $15M of Horizon Technology Finance stock for Q3 2018, down 6.3% quarter-over-quarter.
- 4 funds opened new Horizon Technology Finance positions in Q3 2018 and 5 closed out, a net change of -1 holder.
- The largest Horizon Technology Finance buyer in Q3 2018 was Freedom Investment Management, an estimated $245K added.
- The largest Horizon Technology Finance seller in Q3 2018 was Bridgeway Capital Management, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2018.