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Horizon Technology Finance

35 hedge funds and large institutions have $28.7M invested in Horizon Technology Finance in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $25.1M → $28.7M (+$3.63M)

0% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 12

3% less funds holding

Funds holding: 3635 (-1)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

56% less call options, than puts

Call options by funds: $191K | Put options by funds: $433K

Holders
35
Holders Change
-1
Holders Change %
-2.78%
% of All Funds
0.92%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
12
Reduced
12
Closed
8
Calls
$191K
Puts
$433K
Net Calls
-$242K
Net Calls Change
-$235K
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$9.04M -$1.3M -118,161 -13%
UBS Group
2
UBS Group
Switzerland
$3.23M -$84.7K -7,711 -3%
WFI
3
West Family Investments
California
$2.42M +$41.7K +3,800 +2%
LSV Asset Management
4
LSV Asset Management
Illinois
$2.21M +$462K +42,100 +29%
CIM
5
Confluence Investment Management
Missouri
$2.1M -$879K -80,057 -31%
Morgan Stanley
6
Morgan Stanley
New York
$1.31M -$104K -9,503 -8%
Two Sigma Investments
7
Two Sigma Investments
New York
$1.02M -$31.6K -2,875 -3%
Millennium Management
8
Millennium Management
New York
$969K +$142K +12,915 +19%
PAM
9
PVG Asset Management
Colorado
$954K -$97.3K -8,861 -10%
Two Sigma Advisers
10
Two Sigma Advisers
New York
$933K -$238K -21,687 -21%
Wells Fargo
11
Wells Fargo
California
$765K -$523K -47,632 -42%
HIM
12
Hillsdale Investment Management
Ontario, Canada
$589K
GCP
13
GSA Capital Partners
United Kingdom
$522K +$197K +17,931 +67%
TG
14
TCW Group
California
$405K -$104K -9,500 -22%
GC
15
Guggenheim Capital
Illinois
$352K +$330K +30,049 New
DCM
16
Dialectic Capital Management
Connecticut
$324K -$841K -76,542 -73%
BAS
17
Brown Advisory Securities
Maryland
$285K +$6.04K +550 +2%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$278K +$238K +21,682 +1,167%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$255K +$3.84K +350 +2%
Axa
20
Axa
France
$197K +$98.9K +9,003 +115%
RCM
21
Radcliffe Capital Management
Pennsylvania
$134K +$125K +11,400 New
Citigroup
22
Citigroup
New York
$104K -$5.07K -462 -5%
ST
23
Spot Trading
Illinois
$93K +$87.4K +7,959 New
PG
24
PEAK6 Group
Illinois
$39K +$36.5K +3,326 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$35K +$33.6K +3,057 New

HRZN Hedge Fund Activity: Q4 2015 in Review

35 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q4 2015, worth a combined $28.7M — up 14% from $25.1M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of HRZN and 7 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 12 added.

The largest buyer was LSV Asset Management, adding an estimated $462K. The largest seller was Advisors Asset Management, cutting an estimated $1.3M.

  • 35 institutional investors held Horizon Technology Finance (HRZN) as of Q4 2015, down from 36 in Q3 2015.
  • Funds reported $28.7M of Horizon Technology Finance stock for Q4 2015, up 14% quarter-over-quarter.
  • 7 funds opened new Horizon Technology Finance positions in Q4 2015 and 8 closed out, a net change of -1 holder.
  • The largest Horizon Technology Finance buyer in Q4 2015 was LSV Asset Management, an estimated $462K added.
  • The largest Horizon Technology Finance seller in Q4 2015 was Advisors Asset Management, an estimated $1.3M sold.

Based on aggregated 13F filings for Q4 2015.