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Horizon Technology Finance

31 hedge funds and large institutions have $25.6M invested in Horizon Technology Finance in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% less capital invested

Capital invested by funds: $30.1M → $25.6M (-$4.45M)

18% less funds holding

Funds holding: 3831 (-7)

57% less call options, than puts

Call options by funds: $86K | Put options by funds: $198K

57% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 14

64% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 11

Holders
31
Holders Change
-7
Holders Change %
-18.42%
% of All Funds
0.9%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
6
Reduced
14
Closed
11
Calls
$86K
Puts
$198K
Net Calls
-$112K
Net Calls Change
+$134K
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$9.43M +$2.78M +196,719 +39%
U
2
UBS
Switzerland
$5.31M -$207K -14,641 -4%
CIM
3
Confluence Investment Management
Missouri
$4.25M -$228K -16,085 -5%
LSV Asset Management
4
LSV Asset Management
Illinois
$1.84M
Morgan Stanley
5
Morgan Stanley
New York
$980K -$142K -10,021 -12%
Two Sigma Investments
6
Two Sigma Investments
New York
$790K -$155K -10,976 -16%
Wells Fargo
7
Wells Fargo
California
$656K -$89.2K -6,304 -11%
Two Sigma Advisers
8
Two Sigma Advisers
New York
$655K -$160K -11,300 -19%
BAS
9
Brown Advisory Securities
Maryland
$415K +$51.1K +3,612 +13%
VanEck Associates
10
VanEck Associates
New York
$287K -$1.49K -105 -0.5%
RJA
11
Raymond James & Associates
Florida
$206K
Millennium Management
12
Millennium Management
New York
$172K +$11K +779 +7%
Goldman Sachs
13
Goldman Sachs
New York
$156K -$263K -18,567 -62%
WFI
14
West Family Investments
California
$125K
Invesco
15
Invesco
Georgia
$84K +$87.9K +6,208 New
MSE
16
MUFG Securities EMEA
United Kingdom
$59K
ST
17
Spot Trading
Illinois
$44K +$46.5K +3,287 New
Creative Planning
18
Creative Planning
Kansas
$30K +$2.83K +200 +10%
Deutsche Bank
19
Deutsche Bank
Germany
$27K -$738K -52,136 -96%
FNBT
20
FineMark National Bank & Trust
Florida
$27K
Citigroup
21
Citigroup
New York
$20K -$2.08K -147 -9%
TRCT
22
Tower Research Capital (TRC)
New York
$15K +$12.1K +857 +286%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$13K +$127 +9 +0.9%
Barclays
24
Barclays
United Kingdom
$11K -$24.6K -1,741 -67%
GSC
25
Ground Swell Capital
South Carolina
$11K -$1.54K -109 -12%

HRZN Hedge Fund Activity: Q3 2014 in Review

31 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q3 2014, worth a combined $25.6M — down 15% from $30.1M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of HRZN and 4 opened new positions — a net loss of 7 holders — while 14 trimmed existing stakes and 6 added.

The largest buyer was Advisors Asset Management, adding an estimated $2.78M. The largest seller was Northern Trust, exiting entirely with an estimated $1.02M sold.

  • 31 institutional investors held Horizon Technology Finance (HRZN) as of Q3 2014, down from 38 in Q2 2014.
  • Funds reported $25.6M of Horizon Technology Finance stock for Q3 2014, down 15% quarter-over-quarter.
  • 4 funds opened new Horizon Technology Finance positions in Q3 2014 and 11 closed out, a net change of -7 holders.
  • The largest Horizon Technology Finance buyer in Q3 2014 was Advisors Asset Management, an estimated $2.78M added.
  • The largest Horizon Technology Finance seller in Q3 2014 was Northern Trust, an estimated $1.02M sold.

Based on aggregated 13F filings for Q3 2014.