Horizon Technology Finance
HRZN
65 hedge funds and large institutions have $25.8M invested in Horizon Technology Finance in 2025 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
34% more capital invested
Capital invested by funds: $19.3M → $25.8M (+$6.56M)
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
5% more funds holding
Funds holding: 62 → 65 (+3)
1.47% more ownership
Funds ownership: 7.55% → 9.01% (+1.5%)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
63% less call options, than puts
Call options by funds: $229K | Put options by funds: $622K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$3.32M |
| 2 |
Jane Street
New York
|
+$526K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$401K |
| 4 |
Legal & General Group
London,
United Kingdom
|
+$378K |
| 5 |
GAA
Green Alpha Advisors
Niwot,
Colorado
|
+$377K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.08M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$435K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$428K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$419K |
| 5 |
ACM
Aquatic Capital Management
Chicago,
Illinois
|
-$395K |
HRZN Hedge Fund Activity: Q4 2025 in Review
65 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q4 2025, worth a combined $25.8M — up 34% from $19.3M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new HRZN positions and 13 closed out — a net gain of 4 holders — while 18 added to existing stakes and 19 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $3.32M. The largest seller was Millennium Management, cutting an estimated $1.08M.
- 65 institutional investors held Horizon Technology Finance (HRZN) as of Q4 2025, up from 62 in Q3 2025.
- Funds reported $25.8M of Horizon Technology Finance stock for Q4 2025, up 34% quarter-over-quarter.
- 17 funds opened new Horizon Technology Finance positions in Q4 2025 and 13 closed out, a net change of +4 holders.
- The largest Horizon Technology Finance buyer in Q4 2025 was Two Sigma Investments, an estimated $3.32M added.
- The largest Horizon Technology Finance seller in Q4 2025 was Millennium Management, an estimated $1.08M sold.
Based on aggregated 13F filings for Q4 2025.