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Horizon Technology Finance

33 hedge funds and large institutions have $21.3M invested in Horizon Technology Finance in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more call options, than puts

Call options by funds: $246K | Put options by funds: $151K

1.1% less ownership

Funds ownership: 18.4%17.29% (-1.1%)

6% less funds holding

Funds holding: 3533 (-2)

12% less capital invested

Capital invested by funds: $24.1M → $21.3M (-$2.79M)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

33% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 12

Holders
33
Holders Change
-2
Holders Change %
-5.71%
% of All Funds
0.82%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
8
Reduced
12
Closed
5
Calls
$246K
Puts
$151K
Net Calls
+$95K
Net Calls Change
-$193K
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$3.88M +$297K +27,218 +8%
UBS Group
2
UBS Group
Switzerland
$3.53M -$407K -37,298 -10%
GC
3
Guggenheim Capital
Illinois
$2.28M -$121K -11,111 -5%
BCM
4
Bridgeway Capital Management
Texas
$2.28M +$73.2K +6,700 +3%
LSV Asset Management
5
LSV Asset Management
Illinois
$2.09M -$29.5K -2,699 -1%
NFA
6
Nuveen Fund Advisors
Illinois
$1.07M -$93.7K -8,577 -8%
Morgan Stanley
7
Morgan Stanley
New York
$1.02M +$75.4K +6,908 +8%
Two Sigma Advisers
8
Two Sigma Advisers
New York
$841K -$1.36K -125 -0.2%
Wells Fargo
9
Wells Fargo
California
$640K -$74.1K -6,786 -11%
Two Sigma Investments
10
Two Sigma Investments
New York
$471K -$201K -18,388 -30%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$421K +$21.4K +1,957 +5%
KA
12
Kovack Advisors
Florida
$319K +$20.7K +1,898 +7%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$268K +$20.6K +1,891 +9%
BAS
14
Brown Advisory Securities
Maryland
$246K
SCM
15
Shelton Capital Management
Colorado
$244K +$240K +22,000 New
Millennium Management
16
Millennium Management
New York
$239K +$8.43K +772 +4%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$237K +$6.74K +617 +3%
Axa
18
Axa
France
$222K
California Public Employees Retirement System
19
California Public Employees Retirement System
California
$214K
ICA
20
Infrastructure Capital Advisors
New York
$184K
TSS
21
Two Sigma Securities
New York
$139K +$137K +12,508 New
HI
22
Horizon Investments
North Carolina
$132K -$10.9K -998 -8%
FFS
23
Founders Financial Securities
Maryland
$125K -$10.9K -998 -8%
NL
24
NWAM LLC
Washington
$118K
Macquarie Group
25
Macquarie Group
Australia
$46K +$44.8K +4,102 New

HRZN Hedge Fund Activity: Q3 2017 in Review

33 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q3 2017, worth a combined $21.3M — down 12% from $24.1M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of HRZN and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 8 added.

The largest buyer was Advisors Asset Management, adding an estimated $297K. The largest seller was West Family Investments, cutting an estimated $919K.

  • 33 institutional investors held Horizon Technology Finance (HRZN) as of Q3 2017, down from 35 in Q2 2017.
  • Funds reported $21.3M of Horizon Technology Finance stock for Q3 2017, down 12% quarter-over-quarter.
  • 4 funds opened new Horizon Technology Finance positions in Q3 2017 and 5 closed out, a net change of -1 holder.
  • The largest Horizon Technology Finance buyer in Q3 2017 was Advisors Asset Management, an estimated $297K added.
  • The largest Horizon Technology Finance seller in Q3 2017 was West Family Investments, an estimated $919K sold.

Based on aggregated 13F filings for Q3 2017.