Horizon Technology Finance
HRZN
38 hedge funds and large institutions have $30.1M invested in Horizon Technology Finance in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 19 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
13% more capital invested
Capital invested by funds: $26.7M → $30.1M (+$3.37M)
21% less funds holding
Funds holding: 48 → 38 (-10)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
70% less call options, than puts
Call options by funds: $105K | Put options by funds: $351K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.88M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$2.29M |
| 3 |
Morgan Stanley
New York
|
+$835K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$683K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.07M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.29M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.19M |
| 4 |
WFI
West Family Investments
Carlsbad,
California
|
-$1.15M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Charles Schwab
San Francisco,
California
| – | -$139K | -11,100 | Closed |
|
|
PAM
52
Panagora Asset Management
Boston,
Massachusetts
| – | -$80K | -6,406 | Closed |
|
|
WRM
53
Westport Resources Management
Westport,
Connecticut
| – | -$57K | -4,545 | Closed |
|
|
BA
54
BlackRock Advisors
Wilmington,
Delaware
| – | -$55K | -4,433 | Closed |
|
55
AllianceBernstein
Nashville,
Tennessee
| – | -$11K | -918 | Closed |
|
|
ECM
56
ETrade Capital Management
Arlington,
Virginia
| – | -$1K | -100 | Closed |
|
57
Ameriprise
Minneapolis,
Minnesota
| – | +$136 | +10 | New |
|
HRZN Hedge Fund Activity: Q2 2014 in Review
38 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q2 2014, worth a combined $30.1M — up 13% from $26.7M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HRZN and 9 opened new positions — a net loss of 10 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Advisors Asset Management, adding an estimated $4.88M. The largest seller was BlackRock Fund Advisors, exiting entirely with an estimated $3.07M sold.
- 38 institutional investors held Horizon Technology Finance (HRZN) as of Q2 2014, down from 48 in Q1 2014.
- Funds reported $30.1M of Horizon Technology Finance stock for Q2 2014, up 13% quarter-over-quarter.
- 9 funds opened new Horizon Technology Finance positions in Q2 2014 and 19 closed out, a net change of -10 holders.
- The largest Horizon Technology Finance buyer in Q2 2014 was Advisors Asset Management, an estimated $4.88M added.
- The largest Horizon Technology Finance seller in Q2 2014 was BlackRock Fund Advisors, an estimated $3.07M sold.
Based on aggregated 13F filings for Q2 2014.