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Horizon Technology Finance

35 hedge funds and large institutions have $17.7M invested in Horizon Technology Finance in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.64% less ownership

Funds ownership: 17.4%14.75% (-2.6%)

13% less funds holding

Funds holding: 4035 (-5)

22% less capital invested

Capital invested by funds: $22.5M → $17.7M (-$4.84M)

23% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 13

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
35
Holders Change
-5
Holders Change %
-12.5%
% of All Funds
0.8%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
10
Reduced
13
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$3.27M +$60.6K +5,552 +2%
UBS Group
2
UBS Group
Switzerland
$2.64M -$507K -46,410 -15%
BCM
3
Bridgeway Capital Management
Texas
$2.16M +$79.7K +7,300 +4%
LSV Asset Management
4
LSV Asset Management
Illinois
$1.96M
GC
5
Guggenheim Capital
Illinois
$1.74M -$330K -30,183 -15%
NFA
6
Nuveen Fund Advisors
Illinois
$846K -$74.9K -6,857 -8%
Two Sigma Advisers
7
Two Sigma Advisers
New York
$696K -$105K -9,607 -13%
SCM
8
Shelton Capital Management
Colorado
$507K +$151K +13,800 +39%
Macquarie Group
9
Macquarie Group
Australia
$495K +$219K +20,020 +73%
Two Sigma Investments
10
Two Sigma Investments
New York
$461K -$38.9K -3,564 -7%
Wells Fargo
11
Wells Fargo
California
$259K -$112K -10,294 -29%
Millennium Management
12
Millennium Management
New York
$244K -$35.9K -3,291 -12%
SIS
13
Sound Income Strategies
Florida
$233K
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$231K +$9.83K +900 +4%
Morgan Stanley
15
Morgan Stanley
New York
$230K -$788K -72,190 -77%
KA
16
Kovack Advisors
Florida
$225K -$16.9K -1,550 -7%
BAS
17
Brown Advisory Securities
Maryland
$209K
Axa
18
Axa
France
$208K
California Public Employees Retirement System
19
California Public Employees Retirement System
California
$201K
ICA
20
Infrastructure Capital Advisors
New York
$172K
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$143K -$983 -90 -0.6%
NL
22
NWAM LLC
Washington
$131K +$21K +1,925 +18%
HI
23
Horizon Investments
North Carolina
$112K +$775 +71 +0.7%
FFS
24
Founders Financial Securities
Maryland
$110K +$775 +71 +0.7%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$107K -$5.66K -518 -5%

HRZN Hedge Fund Activity: Q1 2018 in Review

35 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Horizon Technology Finance (HRZN) for Q1 2018, worth a combined $17.7M — down 22% from $22.5M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of HRZN and 3 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 10 added.

The largest buyer was Macquarie Group, adding an estimated $219K. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $1.09M sold.

  • 35 institutional investors held Horizon Technology Finance (HRZN) as of Q1 2018, down from 40 in Q4 2017.
  • Funds reported $17.7M of Horizon Technology Finance stock for Q1 2018, down 22% quarter-over-quarter.
  • 3 funds opened new Horizon Technology Finance positions in Q1 2018 and 8 closed out, a net change of -5 holders.
  • The largest Horizon Technology Finance buyer in Q1 2018 was Macquarie Group, an estimated $219K added.
  • The largest Horizon Technology Finance seller in Q1 2018 was Hillsdale Investment Management, an estimated $1.09M sold.

Based on aggregated 13F filings for Q1 2018.