Horizon Technology Finance
HRZN
41 hedge funds and large institutions have $21.9M invested in Horizon Technology Finance in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 5 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
80% more call options, than puts
Call options by funds: $323K | Put options by funds: $179K
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
18.01% more ownership
Funds ownership: 0% → 18.01% (+18%)
5% more funds holding
Funds holding: 39 → 41 (+2)
19% less capital invested
Capital invested by funds: $27.1M → $21.9M (-$5.22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$1.15M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$419K |
| 3 |
NFA
Nuveen Fund Advisors
Chicago,
Illinois
|
+$368K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$285K |
| 5 |
D.E. Shaw & Co
New York
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$349K |
| 3 |
JP Morgan Chase
New York
|
-$346K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$334K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$301K |
HRZN Hedge Fund Activity: Q4 2016 in Review
41 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q4 2016, worth a combined $21.9M — down 19% from $27.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HRZN positions and 5 closed out — a net gain of 2 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Ares Management, opening a new position worth an estimated $1.15M. The largest seller was Morgan Stanley, cutting an estimated $1M.
- 41 institutional investors held Horizon Technology Finance (HRZN) as of Q4 2016, up from 39 in Q3 2016.
- Funds reported $21.9M of Horizon Technology Finance stock for Q4 2016, down 19% quarter-over-quarter.
- 7 funds opened new Horizon Technology Finance positions in Q4 2016 and 5 closed out, a net change of +2 holders.
- The largest Horizon Technology Finance buyer in Q4 2016 was Ares Management, an estimated $1.15M added.
- The largest Horizon Technology Finance seller in Q4 2016 was Morgan Stanley, an estimated $1M sold.
Based on aggregated 13F filings for Q4 2016.