Horizon Technology Finance
HRZN
46 hedge funds and large institutions have $34.9M invested in Horizon Technology Finance in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
2% less capital invested
Capital invested by funds: $35.5M → $34.9M (-$605K)
4% less funds holding
Funds holding: 48 → 46 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$971K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$362K |
| 3 |
Bank of New York Mellon
New York
|
+$204K |
| 4 |
NCCM
Nine Chapters Capital Management
Short Hills,
New Jersey
|
+$176K |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$910K |
| 2 |
ARTA
A.R.T. Advisors
New York
|
-$213K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$209K |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$166K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$142K |
HRZN Hedge Fund Activity: Q3 2013 in Review
46 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q3 2013, worth a combined $34.9M — down 1.7% from $35.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of HRZN and 2 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 21 added.
The largest buyer was Putnam Investments, adding an estimated $971K. The largest seller was Heartland Advisors, exiting entirely with an estimated $910K sold.
- 46 institutional investors held Horizon Technology Finance (HRZN) as of Q3 2013, down from 48 in Q2 2013.
- Funds reported $34.9M of Horizon Technology Finance stock for Q3 2013, down 1.7% quarter-over-quarter.
- 2 funds opened new Horizon Technology Finance positions in Q3 2013 and 3 closed out, a net change of -1 holder.
- The largest Horizon Technology Finance buyer in Q3 2013 was Putnam Investments, an estimated $971K added.
- The largest Horizon Technology Finance seller in Q3 2013 was Heartland Advisors, an estimated $910K sold.
Based on aggregated 13F filings for Q3 2013.